- MidCap Financial Announces Key Leadership Appointments as Part of Planned Succession
- Westwood Financial Raises Additional $145 Million in Capital, Accelerating Long-Term Growth Strategy
- SouthStar Capital Funds $2 Million Accounts Receivable Facility to Support Growth for Established Government Contractor
- CIBC US ABL Team Supports NW Automotive Group with New Senior Credit Facility
- Monroe Capital Launches Monroe Capital Enhanced Corporate Lending Fund (MLEND)
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Truist Names Beau Cummins Chief Operating Officer and Dontá Wilson Chief Consumer & Small Business Banking Officer; Hires Kristin Lesher as new Chief Wholesale Banking Officer
Truist Financial Corporation (NYSE: TFC) today announced continued progress in the company's transformation journey with the creation of a chief operating officer position, the naming of a new chief consumer & small business banking officer and the hiring of a new chief wholesale banking officer.
TSL Express Trending Story
Featured
SFNet Creates the SFNet Guide to the New York Commercial Finance Disclosure Laws and Regulations
SFNet, through its Advocacy Committee, has created the SFNet Guide to the New York Commercial Finance Disclosure Laws and Regulations.
SFNet pleased to provide its members with what it believes is the most comprehensive Guide to complying with the controversial New York Disclosure Regulations for Commercial Finance Transactions that go into effect August 1, 2023. The Regulations apply to non-regulated commercial institutions offering financial transactions of $2.5 million or less to New York borrowers.
TSL Express Daily Headlines & News
-
Holland & Knight Welcomes Financial Services Regulatory Partner Eamonn Moran in Washington, D.C.
September 26, 2024Holland & Knight continues to strengthen its national Financial Services Team with the addition of Eamonn Moran as a partner in Washington, D.C. Prior to joining Holland & Knight, Mr. Moran was a senior counsel at Norton Rose Fulbright.
-
Clifford Chance Advises Viking Global Investors on Significant Minority Acquisition of Humaneva
September 26, 2024Global law firm Clifford Chance has advised Viking Global Investors (Viking), a global investment firm based in the United States, in acquiring a significant minority stake in Humaneva Inc., a spin-off of NEUCA S.A. Viking has also been granted a one-year option to increase its stake rateably in Humaneva. Humaneva is a provider of clinical trial solutions globally.
-
Aztec Group Appoints Todd Werner as U.S. Head of Private Credit
September 26, 2024Aztec Group, a leading fund and corporate services administrator, has appointed Todd Werner as U.S. Head of Private Credit. Based in Radnor, Pennsylvania, Todd will lead the Private Credit offering at Aztec Group in the U.S., with a remit for developing and implementing strategy, enhancing operational efficiency and effectiveness, building a high functioning team, and expanding Aztec Group's presence in the U.S. market.
-
Peapack Private Hires Vanessa Tortorice as Senior Managing Director
September 26, 2024Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Vanessa Tortorice has joined Peapack Private’s New York City location as Senior Managing Director.
-
Texas Capital Launches Government Money Market Exchange Traded Fund
September 26, 2024This innovative and first-of-its-kind ETF will hold highly liquid, short-term U.S. government debt instruments and cash equivalents, providing an exchange-traded investment option for investors focused on managing credit risk and preserving capital.
-
TAB Bank Partners with The Fiesta Tableware Co., Dishing Up $4.5 Million in Financing to Serve Up Growth
September 26, 2024TAB Bank announces the closing of a $4.5 million credit facility with The Fiesta Tableware Co. of West Virginia. This partnership will ensure the American-made tableware company continues helping home chefs refresh and reinvent their table settings.
-
KKR Releases “An Alternative Perspective: Past, Present, and Future”
September 26, 2024KKR, a leading global investment firm, today released “An Alternative Perspective: Past, Present, and Future,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
-
Hartree Partners, LP Successfully Closes its Senior Secured Borrowing Base Revolving Credit Facility Totaling $4.1 Billion
September 26, 2024Hartree Partners, LP (“Hartree” or the “Company”) announced the closing of its core senior secured borrowing base revolving credit facility (the “Facility”) on September 4, 2024, totaling $4.1 billion.
-
California Bank & Trust to Acquire Firstbank Coachella Valley, CA Branches
September 25, 2024California Bank & Trust (CB&T), a division of Zions Bancorporation, N.A., announced today that it has entered into an agreement to acquire four branch locations in Palm Desert and Indio from FirstBank, headquartered in Lakewood, Colorado. Under the agreement, California Bank & Trust will acquire approximately $730 million in deposits and $420 million in loans.
-
Blue Owl Leads Private Debt Deal for Smartsheet Buyout
September 25, 2024Blue Owl Capital Inc. led the $3.2 billion private debt financing supporting Blackstone Inc. and Vista Equity Partners’ buyout of software firm Smartsheet Inc., with 20 other lenders participating, according to a person with knowledge of the matter.
-
Cadex Acquires Receivables Control Corporation (RCC)
September 25, 2024Cadex Solutions Corporation ("Cadex"), in partnership with Trivest Partners LP ("Trivest"), is pleased to announce it has acquired Receivables Control Corporation ("RCC"). Founded in 1970, RCC is a trusted leader in global commercial debt recovery that offers a comprehensive suite of accounts receivable management solutions, including pre-collections, first-party and third-party collections, commercial asset recovery and liquidations, and consulting services.
-
Ascent Global Logistics Joins the TriumphPay Network to Enhance Carrier Payments
September 25, 2024TriumphPay announced today the addition of Ascent Global Logistics ("Ascent"), a leading global provider of expedited, time-critical logistics solutions, to the TriumphPay Network, as a full audit and payments participant. By joining the TriumphPay Network, Ascent is taking a significant step toward providing a more streamlined payment experience.
-
Asset Based Lending Veteran Acquires Lender Recruiting, LLC
September 25, 2024Nationwide executive search firm, Lender Recruiting, LLC, has been acquired by Asset Based Lender, Corporate Banking and Commercial Finance industry veteran Dennis Phelps.
-
Myers Industries Turned to John Galt Solutions to Transform and Advance Supply Chain Planning Processes
September 25, 2024John Galt Solutions, a global leader in automating supply chain planning to empower businesses to make better decisions faster, today announced that its market-leading Atlas Planning Platform was successfully implemented at Myers Industries Inc., to help the company standardize processes and support growth across its separate business units.
-
Concord Closes $35MM Deal in 9 Weeks for Leading Wireless Telecommunications Company
September 25, 2024Concord Financial Advisors announced it arranged a $35 million senior secured revolving line of credit for a Wireless Telecommunications company in the Southern US to refinance existing debt and support working capital.
-
Citizens Advises Blue Mantis on its Recapitalization by Recognize Partners
September 25, 2024Citizens M&A Advisory served as the exclusive financial advisor to Blue Mantis, Inc., a premier IT services provider with deep expertise in managed services, cybersecurity and cloud solutions, on its recapitalization by Recognize Partners.
-
Winston & Strawn Adds Tax Partner Louis J. Jenull in Dallas
September 25, 2024Winston & Strawn LLP announced today that Louis J. Jenull has joined the Dallas office as a partner in the Transactions Department and the Tax Practice.
-
Cambridge & Counties Bank Bolsters asset finance team
September 25, 2024Cambridge & Counties Bank, which specialises in asset finance, has strengthened its team with three new appointments. The new hires will operate from the bank's recently established office in Reading, which serves as a hub for asset finance clientele.
-
Afore Insurance Services Obtains New Credit Facility Through Crestline Investors
September 25, 2024Crestline Investors ("Crestline") is pleased to announce that funds managed by its U.S. Direct Lending business have served as the administrative agent and sole lender on a senior secured credit facility for Afore Insurance Services, LLC (Afore), an independent retail insurance brokerage firm. Afore operates across 20 agencies in 10 states and serves clients nationwide, offering a comprehensive range of commercial lines, personal lines, life, health, and group employee benefits insurance products.
-
WhiteHawk Capital Partners Provides Credit Facility to West Side Transport, Inc.
September 25, 2024WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, has entered into an agreement with West Side Transport, Inc. (the “Borrower” or “West Side”) to provide a $111 million senior secured first lien credit facility (the "Facility"). Proceeds from the Facility were used to support EVO Transportation & Energy’s (“EVO”) acquisition of West Side and provide additional working capital.
The Secured Lender
SFNet's The 81st Annual Convention Issue
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")