Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided senior debt financing and an equity co-investment in support of Northlane Capital Partners' ("NCP") investment in United States Drug Testing Laboratories Inc. ("USDTL" or the "Company"), a forensic toxicology laboratory testing for alcohol and substance use.

Oaktree Capital Management has appointed several senior investment professionals in the US to grow its asset-backed finance (ABF) strategy. Rana Mitra and Matthew Scheer have joined as managing director and vice president respectively in Oaktree’s New York office, according to a post on the asset manager’s LinkedIn page.

Abacus Finance Group, LLC, a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies, today announced the promotions of Sean McKeever, who is a Founding Partner, from COO to President and Greg Scanlon from Associate to Senior Associate, and the hiring of Jeremy Pak as an Analyst.

Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the successful refinancing and expansion of its term loan and revolving credit facility. The Company entered into a sixth amended and restated senior secured credit agreement with a syndicate of lenders, including Bank of America, N.A., Keybank National Association, Cooperative Rabobank U.A., New York Branch, Webster Bank, N.A. and HSBC Bank USA, N.A.

Republic Business Credit proudly announces the promotion of Bruce Sarver to Senior Vice President, Portfolio Manager of its Asset-Based Lending (ABL) Team. This promotion underscores Republic’s commitment to expanding its ABL portfolio and strengthening its position as a market leader in the middle and lower middle-market sectors.

Cloud Capital Funding, a trusted leader in providing Factoring, Purchase Order Funding and Supply Chain Finance solutions to businesses, has continued it’s plan on closing a deal per week with the latest being the successful funding of a $750,000 accounts receivable factoring facility to a Florida based parking lot paving and striping company.

Party City Holdco Inc. ("PCHI" or the "Company") announced that it has entered into a stalking horse agreement to sell substantially all of its intellectual property and related wholesale operating intangible assets to New Amscan PC, LLC, an affiliate of Ad Populum, LLC, as part of the Company's Chapter 11 process.

Coral Capital Solutions, a leading provider of financing solutions for small- and medium-sized enterprises, today announced a $42 million annual factoring facility with a long standing business that manufactures and distributes a broad range of medical devices that was in the process of an M&A transaction.

Holland & Knight has further strengthened its Financial Services Team with the addition of Evan Kelson as a partner in New York. He was previously a partner at Mayer Brown. The addition of Mr. Kelson follows the recent recruitment of Dimitri Nionakis, a financial services partner in Boston.

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Bill Scheuerer has joined as a Managing Director in its Capital Markets Group. Based in New York, Mr. Scheuerer will support the firm’s private capital financing efforts across all industry verticals.

Barings, one of the world’s largest diversified real estate investment managers, announced today that it has jointly originated a $113 million debt package alongside affiliates of Apollo (NYSE: APO) to refinance the Westin Indianapolis (the “Hotel”) in downtown Indianapolis. An affiliate of KSL Capital Partners (“KSL”) has owned the Hotel since 2019.

Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to Elucent Medical ("Elucent"), a pioneering medical technology company transforming the field of guided surgical technologies.

The RMR Group (Nasdaq: RMR) today announced that it has entered into a new $100 million senior secured revolving credit facility. The initial maturity date of the new credit facility is January 22, 2028, and it includes a one-year extension at RMR’s option, subject to payment of extension fees and satisfaction of other customary conditions.

FlexGen Power Systems, a Durham, NC-based provider of energy storage solutions and software technology, received a $75M revolving credit facility with J.P. Morgan. The company intends to use the funds to expand its operations, strengthen its technology offerings, and support the demand for scalable energy storage solutions worldwide.

RELEX Solutions, a provider of unified supply chain and retail planning solutions, today announced it has secured a €10 million green revolving credit facility that can be used to finance projects and activities with positive sustainability impact.

Crédit Agricole CIB has announced Dominique Honoré will lead its newly launched global trade and commodities product line, with Vincent Gancel appointed as deputy head.

Squire Patton Boggs has appointed Philip Prowse and Jameel Tarmohamed as partners in the Financial Services Practice Group in London. Mr. Prowse and Mr. Tarmohamed focus on commodities trade finance and will play a key role in expanding the firm’s trade finance capabilities across Europe from the London and Geneva offices. They join from Stephenson Harwood along with associate Andrew Green.

Blank Rome LLP is pleased to announce that Cassandra G. Mott, partner and co-chair of the firm’s Houston office, has been elected president of the Secured Finance Network (“SFNet”) Houston Chapter for a two-year term, effective January 1, 2025.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, announced that The M&A Advisor, a leading provider of insights and intelligence to M&A, turnaround, and finance professionals, has awarded CohnReznick its Corporate/Strategic Deal of the Year Award ($75MM - $100MM) and Cross-Border Deal of the Year Award ($100MM - $1B).

EBSC Lending has provided $23.7 million to refinance a 201-unit senior living community located in Union City, Georgia, a southeastern suburb of Atlanta. The financing includes a three-year, fixed-rate loan that replaces the existing construction loan.