• California Bank of Commerce Welcomes Gokul Nair to its Treasury Management Group
    February 24, 2020
    Nair joins California Bank of Commerce with more than 15 years of experience in commercial banking. He has held various positions with Wells Fargo, most recently serving as Vice President and Senior Treasury Management Consultant for the past three years. Nair was named Wells Fargo’s Top Treasury Consultant in 2018.
  • Encina Business Credit, LLC Announces the Closing of a $25 Million Credit Facility with Etailz, Inc.
    February 24, 2020
    Encina Business Credit, LLC (“EBC”) announces the completion of a $25.0 million senior secured revolving credit facility for etailz, Inc. The facility will be used to refinance an existing facility and to support etailz ongoing working capital, capex, and general corporate requirements.
  • Wells Fargo Supports Refinancing of AJ Walter Aviation
    February 24, 2020
    AJ Walter Aviation, part of the AJW Group (AJW), has closed a US$70m senior secured credit facility with Wells Fargo Capital Finance (UK) – part of Wells Fargo & Company – as lead bank and Shawbrook Bank (Shawbrook) as participant.
  • Tiger Capital Group Provides Financing for Go Global Retail's Acquisition of ModCloth from Walmart
    February 24, 2020
    Newly closed transaction highlights Tiger's growing focus on valuation, asset-monetization and strategic financing for e-commerce businesses and stakeholders.
  • Fifth Third Teams With Online Lender to Offer Small-business Loans
    February 24, 2020
    The $169 billion-asset Fifth Third will use a white-label lending service from Fundation that will allow it to approve and fund loans within a day. Small-business clients can apply for loans or lines of credit up to $100,000 through the new service, which the bank is calling Fifth Third Fast Capital.
  • $6bn Advisor Team Joins UBS Private Wealth Management in Boston and Los Angeles
    February 20, 2020
    UBS Private Wealth Management (PWM) is proud to announce that it has hired Denis J. Cleary and Gregory M. Devine, along with Analysts Abigail Harris, Seamus O’Neill, Mindi Chen and Christopher Carbone. Denis and Gregory will maintain offices in both Boston and Los Angeles.
  • Haynes and Boone Recruits Experienced Finance Lawyers Jim Markus and Tim Johnston
    February 20, 2020
    Markus and Johnston have spent the bulk of their careers handling complex finance transactions in a variety of sectors, including manufacturing, distribution, energy, and electronics. They represent lenders, including international and regional banks, private equity funds and corporate borrowers, and have particular experience handling syndicated and bilateral domestic and cross-border asset-based lending (ABL) transactions and leveraged financings in the commercial and industrial spaces.
  • Sixpoint Announces Seven Promotions, Including Election of Shawn Schestag to Partner, and Andrew Gulotta and Sean Joffe to Managing Director
    February 20, 2020
    Sixpoint Partners (“Sixpoint”), a leading global investment bank serving the middle-market private equity industry, today announced the election of Shawn Schestag to Partner, and the promotions of six others, including two to Managing Director. The promotions span across the Secondary Advisory, Distribution and Project Management teams. Mr. Schestag’s election and the additional six promotions are effective immediately.
  • Larry Blackman Joins Phoenix Management Services as a Senior Director
    February 20, 2020
    Larry Blackman joined Phoenix Management Services as a Senior Director in the firm’s Boston, MA office and brings to the firm more than 25+ years of experience in finance and operations.
  • Bausch Health Announces It Is Seeking A Refinancing Amendment To Its Existing Credit Agreement And Conditional Redemption Of Existing Senior Secured Notes
    February 20, 2020
    ausch Health Companies Inc. (NYSE/TSX: BHC) ("Bausch Health" or the "Company") announced today that it is seeking to amend and refinance its existing credit agreement (the "Credit Agreement") in order to extend and reprice its existing term loan facility and revolving credit facility and make certain other amendments to the terms of the facilities in connection therewith (collectively, the "Credit Agreement Refinancing"). Additionally, the Company intends, subject to market conditions, to have Bausch Health Americas, Inc. ("BHA"), a wholly-owned indirect subsidiary of the Company, issue $3.25 billion of secured debt securities (the "New Debt Securities").
  • Wingspire Capital Hires Will Bence as Principal in the Midwest
    February 19, 2020
    Wingspire Capital, LLC (“Wingspire”) today announced that William Bence joined the firm as Principal, responsible for business development activities of Wingspire Capital in Chicago and the midwestern United States. Will joins Wingspire from Fifth Third Business Capital where he had nearly 15 years of experience, most recently leading the middle market ABL business development efforts in the Michigan and Ohio marketplace.
  • Tiger Group Sets 2019 Sales Record for Pro-Grade AV Gear
    February 19, 2020
    Company’s LA-based audiovisual vertical posts a 50 percent increase in total dollar volume for auctions, liquidations and turnkey sales in 2019; buyers and bidders increase by 40 percent.
  • True Wind Capital Hires John Gray as Vice President
    February 19, 2020
    True Wind Capital, a leading private equity firm focused on investments in targeted segments of technology, today announced the hiring of John Gray as Vice President.
  • Rosenthal Provides $3 Million Factoring Facility for Georgia Based Chemical Company
    February 19, 2020
    Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, today announced the completion of a recent $3 million non-recourse factoring deal with Cady Industries, Inc., a specialty chemical manufacturer.
  • Experienced Consumer Financial Services Attorney Lori Sommerfield Joins Ballard Spahr in Minneapolis
    February 19, 2020
    Lori Sommerfield—a seasoned consumer financial services attorney with over two decades of legal and compliance risk management experience—has joined Ballard Spahr as of counsel in Minneapolis, firm Chair Mark Stewart announced today.
  • Dairy Farmers of America Reaches Agreement With Dean Foods
    February 19, 2020
    DFA to become stalking horse bidder to acquire substantial portion of Dean Foods assets and business. DFA is advised in this matter by Latham & Watkins, LLP, Bryan Cave Leighton Paisner, LLP and Houlihan Lokey.
  • S&W Seed Company to Acquire Australian-Based Pasture Genetics
    February 19, 2020
    The overall transaction is valued at up to USD $13.5 million (AUD $20.0 million). Initial consideration of USD $8.1 million (AUD $12.0 million) consists of an upfront cash payment of approximately USD $0.7 million (AUD $1.0 million) and a working capital debt refinancing in the amount of approximately USD $7.4 million (AUD $11.0 million), through a new Pasture Genetics working capital debt facility guaranteed by S&W's Australian subsidiary.
  • LendingClub Announces Acquisition Of Radius Bank
    February 19, 2020
    J.P. Morgan Securities LLC served as exclusive financial advisor to LendingClub in connection with the transaction and Sullivan and Cromwell LLP served as its legal counsel. Additionally, Broadhaven Capital Partners and Piper Sandler served as financial advisors to Radius Bancorp and Hogan Lovells US LLP served as its legal counsel in connection with the transaction.
  • BlackArch Partners Announces Hiring of Will Pittman as Managing Director
    February 19, 2020
    BlackArch Partners, a leading middle-market investment bank, is pleased to announce that Will Pittman has joined the firm as Managing Director and Co-head of BlackArch's Consumer & Retail Group.
  • Trinity Capital Increases Its Capital Resources with a $300 Million Credit Facility to Support Continued Investment in Portfolio Growth
    February 19, 2020
    Trinity Capital Inc. (“Trinity” or the “Company”), a leading specialty lending company that provides debt and equipment lease financing to growth stage companies backed by technology banks, venture capital and private equity firms, today announced that effective January 16, 2020, it became a party to a $300.0 million credit facility (the “Credit Facility”) with affiliates of Credit Suisse AG.
  • California Bank of Commerce Welcomes Gokul Nair to its Treasury Management Group
    February 24, 2020
    Nair joins California Bank of Commerce with more than 15 years of experience in commercial banking. He has held various positions with Wells Fargo, most recently serving as Vice President and Senior Treasury Management Consultant for the past three years. Nair was named Wells Fargo’s Top Treasury Consultant in 2018.
  • Encina Business Credit, LLC Announces the Closing of a $25 Million Credit Facility with Etailz, Inc.
    February 24, 2020
    Encina Business Credit, LLC (“EBC”) announces the completion of a $25.0 million senior secured revolving credit facility for etailz, Inc. The facility will be used to refinance an existing facility and to support etailz ongoing working capital, capex, and general corporate requirements.
  • Wells Fargo Supports Refinancing of AJ Walter Aviation
    February 24, 2020
    AJ Walter Aviation, part of the AJW Group (AJW), has closed a US$70m senior secured credit facility with Wells Fargo Capital Finance (UK) – part of Wells Fargo & Company – as lead bank and Shawbrook Bank (Shawbrook) as participant.
  • Tiger Capital Group Provides Financing for Go Global Retail's Acquisition of ModCloth from Walmart
    February 24, 2020
    Newly closed transaction highlights Tiger's growing focus on valuation, asset-monetization and strategic financing for e-commerce businesses and stakeholders.
  • Fifth Third Teams With Online Lender to Offer Small-business Loans
    February 24, 2020
    The $169 billion-asset Fifth Third will use a white-label lending service from Fundation that will allow it to approve and fund loans within a day. Small-business clients can apply for loans or lines of credit up to $100,000 through the new service, which the bank is calling Fifth Third Fast Capital.
  • $6bn Advisor Team Joins UBS Private Wealth Management in Boston and Los Angeles
    February 20, 2020
    UBS Private Wealth Management (PWM) is proud to announce that it has hired Denis J. Cleary and Gregory M. Devine, along with Analysts Abigail Harris, Seamus O’Neill, Mindi Chen and Christopher Carbone. Denis and Gregory will maintain offices in both Boston and Los Angeles.
  • Haynes and Boone Recruits Experienced Finance Lawyers Jim Markus and Tim Johnston
    February 20, 2020
    Markus and Johnston have spent the bulk of their careers handling complex finance transactions in a variety of sectors, including manufacturing, distribution, energy, and electronics. They represent lenders, including international and regional banks, private equity funds and corporate borrowers, and have particular experience handling syndicated and bilateral domestic and cross-border asset-based lending (ABL) transactions and leveraged financings in the commercial and industrial spaces.
  • Sixpoint Announces Seven Promotions, Including Election of Shawn Schestag to Partner, and Andrew Gulotta and Sean Joffe to Managing Director
    February 20, 2020
    Sixpoint Partners (“Sixpoint”), a leading global investment bank serving the middle-market private equity industry, today announced the election of Shawn Schestag to Partner, and the promotions of six others, including two to Managing Director. The promotions span across the Secondary Advisory, Distribution and Project Management teams. Mr. Schestag’s election and the additional six promotions are effective immediately.
  • Larry Blackman Joins Phoenix Management Services as a Senior Director
    February 20, 2020
    Larry Blackman joined Phoenix Management Services as a Senior Director in the firm’s Boston, MA office and brings to the firm more than 25+ years of experience in finance and operations.
  • Bausch Health Announces It Is Seeking A Refinancing Amendment To Its Existing Credit Agreement And Conditional Redemption Of Existing Senior Secured Notes
    February 20, 2020
    ausch Health Companies Inc. (NYSE/TSX: BHC) ("Bausch Health" or the "Company") announced today that it is seeking to amend and refinance its existing credit agreement (the "Credit Agreement") in order to extend and reprice its existing term loan facility and revolving credit facility and make certain other amendments to the terms of the facilities in connection therewith (collectively, the "Credit Agreement Refinancing"). Additionally, the Company intends, subject to market conditions, to have Bausch Health Americas, Inc. ("BHA"), a wholly-owned indirect subsidiary of the Company, issue $3.25 billion of secured debt securities (the "New Debt Securities").
  • Wingspire Capital Hires Will Bence as Principal in the Midwest
    February 19, 2020
    Wingspire Capital, LLC (“Wingspire”) today announced that William Bence joined the firm as Principal, responsible for business development activities of Wingspire Capital in Chicago and the midwestern United States. Will joins Wingspire from Fifth Third Business Capital where he had nearly 15 years of experience, most recently leading the middle market ABL business development efforts in the Michigan and Ohio marketplace.
  • Tiger Group Sets 2019 Sales Record for Pro-Grade AV Gear
    February 19, 2020
    Company’s LA-based audiovisual vertical posts a 50 percent increase in total dollar volume for auctions, liquidations and turnkey sales in 2019; buyers and bidders increase by 40 percent.
  • True Wind Capital Hires John Gray as Vice President
    February 19, 2020
    True Wind Capital, a leading private equity firm focused on investments in targeted segments of technology, today announced the hiring of John Gray as Vice President.
  • Rosenthal Provides $3 Million Factoring Facility for Georgia Based Chemical Company
    February 19, 2020
    Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, today announced the completion of a recent $3 million non-recourse factoring deal with Cady Industries, Inc., a specialty chemical manufacturer.
  • Experienced Consumer Financial Services Attorney Lori Sommerfield Joins Ballard Spahr in Minneapolis
    February 19, 2020
    Lori Sommerfield—a seasoned consumer financial services attorney with over two decades of legal and compliance risk management experience—has joined Ballard Spahr as of counsel in Minneapolis, firm Chair Mark Stewart announced today.
  • Dairy Farmers of America Reaches Agreement With Dean Foods
    February 19, 2020
    DFA to become stalking horse bidder to acquire substantial portion of Dean Foods assets and business. DFA is advised in this matter by Latham & Watkins, LLP, Bryan Cave Leighton Paisner, LLP and Houlihan Lokey.
  • S&W Seed Company to Acquire Australian-Based Pasture Genetics
    February 19, 2020
    The overall transaction is valued at up to USD $13.5 million (AUD $20.0 million). Initial consideration of USD $8.1 million (AUD $12.0 million) consists of an upfront cash payment of approximately USD $0.7 million (AUD $1.0 million) and a working capital debt refinancing in the amount of approximately USD $7.4 million (AUD $11.0 million), through a new Pasture Genetics working capital debt facility guaranteed by S&W's Australian subsidiary.
  • LendingClub Announces Acquisition Of Radius Bank
    February 19, 2020
    J.P. Morgan Securities LLC served as exclusive financial advisor to LendingClub in connection with the transaction and Sullivan and Cromwell LLP served as its legal counsel. Additionally, Broadhaven Capital Partners and Piper Sandler served as financial advisors to Radius Bancorp and Hogan Lovells US LLP served as its legal counsel in connection with the transaction.
  • BlackArch Partners Announces Hiring of Will Pittman as Managing Director
    February 19, 2020
    BlackArch Partners, a leading middle-market investment bank, is pleased to announce that Will Pittman has joined the firm as Managing Director and Co-head of BlackArch's Consumer & Retail Group.
  • Trinity Capital Increases Its Capital Resources with a $300 Million Credit Facility to Support Continued Investment in Portfolio Growth
    February 19, 2020
    Trinity Capital Inc. (“Trinity” or the “Company”), a leading specialty lending company that provides debt and equipment lease financing to growth stage companies backed by technology banks, venture capital and private equity firms, today announced that effective January 16, 2020, it became a party to a $300.0 million credit facility (the “Credit Facility”) with affiliates of Credit Suisse AG.