Bank of Montreal and TD Securities acted as co-lead arrangers and joint bookrunners for the syndication of the revolving credit facility. Also participating in the credit facility are National Bank of Canada, Scotiabank, RBC Royal Bank and Desjardins Capital Markets.

Leading global professional services firm Alvarez & Marsal (A&M) has announced the appointment of David Wong as Managing Director in the Private Equity Services Group in Boston. Mr. Wong will lead the Software Product & Technology Diligence service offering for A&M’s Private Equity Services, further expanding and diversifying the group’s existing Information Technology Due Diligence practice.

Shuttering on-the-bubble stores used to be a no-brainer—but not in today’s era of omnichannel retailing, writes Jon Graub in article for Journal of Corporate Renewal.

Tessa began her career with the company in 2009. She has held various roles within North Mill Capital ranging from Collateral Specialist to Account Executive. She currently oversees a team of cash application specialists in the Minneapolis office, manages a portfolio of clients as well as working on the underwriting of new prospective clients.

Crestmark secured a total of $6,400,000 in ABL financial solutions for seven new clients; Crestmark Equipment Finance provided $8,866,343 in seven new lease transactions; Crestmark Vendor Finance provided $6,374,126 in 81 new lease transactions; and the Government Guaranteed Lending Division provided $10,875,000 in financing for two new clients in the second half of November.

Online auction sale on Dec. 10 is an opportunity for the A/V industry to purchase high-quality cameras, lighting, lenses, audio, tripods, filters and much more.

Blacksail Capital Partners announced the closing and funding of a $5,875,000 senior credit facility for a sponsor owned Industrial Manufacturer based in North Carolina. Proceeds of this term loan are being used for the completion of a brand new manufacturing facility and to support working capital for future growth.

Huntington Business Credit announced it closed a new $40,000,000 credit facility with TeleTracking Technologies, Inc. on October 23, 2019 and closed new $37,240,000 credit facilities with Laminate Technologies, Inc. on October 29, 2019.

Bridge Bank today announced it has extended a senior debt facility to Factor 75 LLC. (Factor), a market-leading, online subscription service that delivers fresh, prepared, restaurant-quality meals that are uniquely positioned at the intersection of food and fitness.

In this capacity, Sam will continue to lead the bank’s regional middle market banking organization, as well as equipment finance and other established middle market verticals including healthcare, emerging growth and government lending.

Tim Wennes was named Santander US CEO and Country Head, and Mahesh Aditya named CEO of Santander Consumer. Sarah Drwal named Santander US CRO, and Juan Carlos "JC" Alvarez Joins Santander Consumer Board of Directors.

The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company provides high-temperature point-of-sales systems and software peripherals to the restaurant industry.

Secure Trust Bank Commercial Finance has bolstered its senior team in the North West by appointing a new regional managing director. Paul Johnston has more than 30 years of experience within the asset-based lending market. He joins from Santander and has also held senior roles at Landsbanki Commercial Finance and Lloyds Bank.

Retailer Destination Maternity Corp. is asking the Delaware bankruptcy court to approve a $50 million stalking horse bid from brand acquisition company Marquee Brands for its e-commerce operation, store-in-store locations and trademarks. Destination Maternity is represented by Adam G. Landis, Kerri K. Mumford and Jennifer L. Cree of Landis Rath & Cobb LLP and Christopher T. Greco of Kirkland & Ellis LLP.

Astorius, one of Germany's leading private equity firms, announced that it has entered into a strategic partnership with Twin Bridge Capital Partners, a U.S. private investment firm, to expand its small and lower middle-market private equity product offering.

Gridiron Capital, LLC (“Gridiron Capital”), a leading investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce it has promoted Sean Kelley to Managing Director, Business Development and added and promoted Ty Black to Associate as part of the Business Development Team.

Carol Anne Huff announced today that Carol Anne Huff has joined the firm's Chicago office as a partner in the Corporate & Finance practice. Ms. Huff brings more than 20 years of experience in capital markets and M&A transactions, with a focus on the representation of private equity firms and public companies. Ms. Huff joins Arnold & Porter from an AmLaw100 firm.

Umpqua Bank, a West Coast regional bank, has released its “State of the Middle Market 2020,” a national survey gauging the confidence of companies that together account for one-third of all U.S. private sector GDP. More than 500 decision-makers at middle market companies across all industries and geographic regions were polled on issues impacting their economic confidence and decision-making heading into 2020, including U.S.-China trade, stock market volatility, the labor market and interest rate environment.

Newbridge Global Sourcing (“Newbridge”), a leading specialty finance company, recently provided a $40 million receivables financing facility to a telecommunications equipment manufacturer headquartered in Mexico. In addition, Newbridge provided $500,000 in supply chain financing to a leading designer and manufacturer of high-quality outdoor apparel to purchase inventory and fill customer orders.