Kainos Capital, a private equity firm focused exclusively on the food and consumer industry, today announced that it has agreed to acquire Nutrisystem, the preeminent direct-to-consumer nutrition and weight management brand, from Tivity Health (Nasdaq: TVTY) for $575 million. Rabobank is providing debt financing for the transaction and is acting as financial advisor to Kainos (through Rabo Securities USA, Inc.). Winston & Strawn is serving as legal counsel to Kainos.

Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a $11.5 million senior credit facility drawn at closing to support the acquisition of Green Remedies Waste and Recycling Inc. (“Green Remedies”) by Quest Resource Holding Corporation (Nasdaq: QRHC) (“Quest”). In addition, Quest potentially has access to more than $50 million in additional term debt financing to support Quest’s growth plans.

Simplifying access to capital for small and medium businesses across the U.S. and Canada is the foundation of the new Accord Financial Corp. brand ("Accord") (TSX: ACD) that launches today. Accord, one of North America’s leading independent finance companies, is introducing a streamlined organizational structure bringing all commercial lending businesses under the Accord umbrella brand, with systems that seamlessly integrate both clients and financial partners resulting in fast and flexible financing.

CIT Group Inc. (NYSE: CIT) today announced that its Asset-Based Lending and Sponsor Finance businesses, both part of the Commercial Finance division, collaborated to serve as joint lead arranger on $175 million financing for MSTS, a B2B payment and credit solutions provider. Headquartered in Overland Park, Kansas, MSTS, a global leader in B2B payment and credit solutions, facilitates $6 billion in transactions per year in 17 currencies for customers in over 190 countries.

Sterling National Bank's Commercial Services Group provided senior secured credit facilities totaling $750,000 to DH Environmental, Inc. (“DH” or the “Company”). The credit facilities will provide working capital to further expand and support the Company’s future projected growth.

PAE (NASDAQ: PAE, PAEWW) today announced it has closed new senior secured credit facilities. The joint lead arrangers and joint bookrunners under the senior secured credit facilities are BofA Securities, Inc., Citizens Bank, National Association, Morgan Stanley Senior Funding, Inc., Stifel Nicolaus and Company, Incorporated and Truist Securities, Inc.

Headquartered in Texas, Gabriel’s Liquor is the largest packaged store retailer in the greater San Antonio area. Established more than 60 years ago, Gabriel’s operated 33 stores under the names Gabriel’s Liquor and Don’s & Ben’s Liquor. On October 5, 2020, the sale of the business was successfully completed to Omega Capital Group.

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Fifth Third Bank, National Association, has selected the nCino Bank Operating System as a foundational technology platform to help the Bank accelerate its digital transformation, streamline its commercial banking business and provide greater transparency, efficiency and convenience to its employees and clients.

Fifth Third Business Capital provided a $6.5 million revolving line of credit and term loan to Image Options in Foothill Ranch, CA. With a uniquely proactive, partnership-based approach to designing high-impact visuals, Image Options envisions, designs, fabricates and installs creative solutions for retail, corporate and event environments. 

Sallyport Commercial Finance provides needed working capital for staffing firm servicing the oil and gas sector. The business found itself without a credit facility and abandoned when their current lender decided to exit out of energy. Taking the time to understand the client’s current situation and partnering with a credit insurance company to help mitigate risk, Sallyport structured a solution that will benefit the business in the short term so they can focus on the future.

First Horizon Bank, member of the First Horizon National Corp. (NYSE:FHN) family of companies announced that it has named Cara Rhodes as vice president with its private client services team.

Paladin, a leading middle-market advisory firm driving value-creation through financial and operational consulting services, announced today that industry leaders, Lance Miller and Peter Richter, have joined the firm as Partners. Combining decades of experience, both Lance and Peter have guided numerous organizations through operational and financial restructurings that have resulted in improved profitability and increased stakeholder value. The rapidly growing Paladin team continues to strengthen its client solutions with these two additions who are respected experts in law, restructuring and corporate finance.

Of note, Deutsche Bank served as left lead, Administrative and Collateral Agent for a $700 million asset based revolving credit facility. Other components of the financing included a $2.335 billion Term Loan B, and a $640 million issue of Senior Unsecured Notes, both also left led by Deutsche Bank.

Business Capital (BizCap™) secured Growth Capital for Community Eco Power LLC (CEP), a group operating two plants in Massachusetts that convert waste to power, simultaneously providing resources for communities to implement successful Waste-to-Energy solutions. CEP’s goal is to preserve the land, conserve water, and reduce pollution in a pursuit of sustainability and to build the preeminent community-centered waste to energy company in the Northeast U.S.

Concord arranged a $4,000,000 senior secured revolving line of credit and $3,000,000 SBA 7A real estate loan. The SBA deal closed within 29 days of inception. The loan will be used to refinance existing debt & support working capital.

Express Trade Capital, Inc., is pleased to announce a $3MM factoring facility to support the rapidly increased sales and high velocity production required for a ‘women owned’, sustainable and natural skincare/haircare brand based out of Frisco, Texas.

Citizens M&A Advisory served as the exclusive financial advisor to EcoDigital (formerly known as Front Porch Digital) in its sale to Telestream, combining two software businesses in the digital media industry. EcoDigital is a leading content storage management solution provider, empowering some of the largest media production companies in the world with the ability to optimize the storage and management of their digital media assets.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the close of a $16 million senior secured credit facility with Virginia Explosives & Drilling Company (VEDCO), a leading full service drilling and blasting company. The increased borrowing capacity provides VEDCO with additional liquidity to execute on their short and long-term growth objectives. The tailored facility includes a term loan as well as a revolver.

TNT Crane & Rigging, Inc. and certain of its affiliates ("TNT" or the "Company") today announced that the Company and certain subsidiaries have emerged from chapter 11 bankruptcy protection, completing a transaction that has strengthened the Company's balance sheet and best positions TNT for future success. This turning point marks the implementation of the Company's prepackaged plan of reorganization, which was confirmed by the U.S. Bankruptcy Court for the District of Delaware on September 30, 2020. The Company completed its restructuring in just over five weeks.

Fly Leasing Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing, today announced it has closed a new $180 million Term Loan (the "2020 Term Loan"). The interest rate on the five-year term loan is LIBOR plus 6.00% with a 1.00% LIBOR floor. The financing was issued at an original issue discount of 4.5%. The 2020 Term Loan will be secured by 11 narrowbody aircraft owned by FLY and its subsidiaries, four of which are unencumbered and seven of which are currently financed in FLY's 2012 Term Loan. The proceeds will be used for general corporate purposes.