Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $11,430,000 revolving line of credit, equipment term loan, and real estate term loan to fund the acquisition of a manufacturer making roof trusses and wall panels in Indiana.

1st Commercial Credit, LLC, a national leader in accounts receivable financing, trade payable finance, and invoice factoring, announces the launch of its new Ledger Lines program—providing revolving credit facilities of up to $20 million, backed by receivables and tailored for high-growth businesses.

Holland & Knight advised ArtCap Advisory Services Ltd. (ArtCap) as sole lead arranger and administrative agent, as well as the lenders, on an acquisition finance transaction consisting of a senior secured term loan and a revolving credit facility of approximately $50 million. The transaction closed on May 8.

After two decades as one of the most renowned furniture destinations in Southern California, HD Buttercup has announced it will be closing its doors and liquidating all inventory across its Culver City and Costa Mesa showrooms

Aurora Management Partners is pleased to announce Glenn Bartley will join the Firm as a Managing Director effective May 19, 2025. Glenn will be charged with overseeing the firm’s presence in the Ohio and Midwest regions while also providing financial advisory services on the firm’s client engagements.

Huntington Business Credit closed a $12,000,000 new credit facility with Local Crafts Group, LLC on April 4, 2025. Local Crafts Group, LLC is a portfolio company of Cleveland, Ohio headquartered private equity firm, Blue Point Capital Partners. Proceeds of the facility were used to finance an add-on acquisition and provide ongoing working capital financing.

KKR, a leading global investment firm, today announced that credit funds and accounts managed by KKR served as lead investors on a debt financing for Greenbriar Equity Group's acquisition of West Star Aviation (“West Star” or the “Company”).

​Barnes & Thornburg is pleased to announce that transactional attorney Brian T. Robertson has joined the Dallas office as a partner in the firm’s Corporate Department. Marking a strong first quarter of growth, Robertson’s addition closely follows the addition of five partners last month across multiple offices and practice groups, further expanding Barnes & Thornburg’s national presence in key markets.

Bath & Body Works, Inc. (NYSE:BBWI) announced today the amendment and restatement of its senior secured asset-based revolving credit facility (ABL Facility). The revised ABL Facility terms extend the maturity date to five years from today, with specific provisions related to the company’s senior notes.

Transflo today announced that Apex Capital Corp (“Apex”), a leading global provider of freight factoring services, has joined the Transflo Workflow AI Ecosystem to streamline the processing and auditing of incoming documents. This partnership marks a key step in Apex’s continued commitment to delivering a faster, more efficient experience for its clients.

Cahill represented the lead arrangers in connection with a $1.61 billion delayed draw term loan credit facility for Lennar Corporation. Proceeds from the credit facility will be used for working capital and general corporate purposes.

Global Student Accommodation (“GSA” or the “Company”), the global leader in student housing, today announces the successful closing of a $500 million senior loan facility with Wells Fargo Bank, N.A. (“Wells Fargo”), one of the world’s leading financial institutions. The transaction strengthens the existing relationship between GSA and Wells Fargo and signals the continued demand amongst lenders for the U.S. student housing sector.

Figure Technology Solutions (“Figure”), a technology platform building the blockchain-based capital markets of the future, has entered into a financing agreement with Victory Park Capital (“VPC”), a leading global alternative investment firm specializing in private credit. The transaction includes the sale of Figure’s first – and the industry’s first – pool of Crypto-Backed Loans.

INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that DBM Global Inc. (“DBMG”), has entered into an amended and restated credit agreement that provides for an $85 million term loan and a $135 million revolving credit facility (the “Credit Facility”), which will be used to fully repay DBMG’s existing debt obligations and provide additional working capital capacity.

Aequum Capital is pleased to announce the closing of a $35 million senior secured revolving line of credit to a Midwest-based commodity distribution company specializing in value-added mixing, blending, and recycling services. The facility will enhance liquidity and provide meaningful operating flexibility as the Company executes its turnaround strategy following a challenging period driven by broader macroeconomic headwinds.

France’s Natixis SA is in talks to set up a direct lending fund of around $1.5 billion, which would allow it to buy into the asset class, according to people familiar with the matter.

A group of private credit firms led by HPS Investment Partners provided more than $3 billion of debt to Consumer Cellular Inc. to refinance its broadly syndicated loans and pay a dividend to its private equity owner GTCR, according to people with knowledge of the matter.

Yext, Inc. (NYSE: YEXT), the leading digital presence platform for multi-location brands, today announced that it has closed a $200 million senior secured term loan facility with funds and accounts managed by BlackRock, providing the company with enhanced flexibility to support its growth initiatives and strategic objectives.

SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Brightmark Plastics Renewal LLC and certain affiliates (collectively, “Brightmark Indiana” or the “Company”) in the sale of substantially all assets to Brightmark Plastics Ashley HoldCo LLC (“Brightmark Parent”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware.

Benesch is pleased to announce that Tabitha Humphries has joined the firm’s Chicago office as a partner in its Corporate & Securities Practice Group.