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  • Alector Secures Flexible Credit Facility for Up to $50 Million From Hercules Capital
    November 15, 2024
    Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering immuno-neurology, today announced that the Company has entered into a debt financing agreement with Hercules Capital, Inc. (NYSE: HTGC) for up to $50 million.
  • Heron Finance Launches Industry-Leading Personalized Private Credit Portfolio
    November 14, 2024
    Heron Finance, a technology-first SEC-registered investment advisor, today announced the launch of its groundbreaking Heron Personalized Private Credit portfolio. This innovative investment solution provides accredited U.S. investors with unprecedented access to the growing private credit asset class.
  • Lighthouse Provides $4,000,000 Credit Facility
    November 14, 2024
    Lighthouse Financial Corp. is pleased to announce the completion of a $4,000,000 Revolving Line of Credit to a South Carolina-based manufacturer and distributor of lighting fixtures.
  • SSG Advises Trugman-Nash, LLC in its Sale to Arthur Schuman, Inc.
    November 14, 2024
    SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Trugman-Nash, LLC (“Trugman-Nash” or the “Company”), a subsidiary of Allied Dairy Products, Inc., in the sale of 100% of its equity ownership interests to Arthur Schuman, Inc. d/b/a Schuman Cheese. The transaction closed in October 2024.
  • Vesper Energy Completes Refinancing, Adds $50 Million Revolving Credit Facility
    November 14, 2024
    Vesper Energy is pleased to announce the successful refinancing of its Letter of Credit Facility (the "LC Facility") with Macquarie Group ("Macquarie") and ICBC Standard Bank Plc ("ICBCS"). The facility, led and arranged by Macquarie's Commodities and Global Markets business, now includes a new $50 million revolving credit component designed to support Vesper Energy's growth and provide operational flexibility in developing renewable energy projects.
  • TAB Bank Provides $5 Million to CoreCentric Solutions, Promoting Sustainable Appliance Remanufacturing
    November 14, 2024
    TAB Bank announces it has provided a $5 million credit facility to CoreCentric Solutions, Inc., a provider of recovery, repair and return-to-market services for appliances, appliance parts and consumer goods. This financing will support CoreCentric Solutions’ mission to reduce waste by keeping appliance parts and consumer products in the economy—inventing new ways to extend the lifecycle of products by collecting, rebuilding, fixing and returning them to the marketplace.
  • The D. E. Shaw Group Raises $1 Billion for Latest Private Credit Fund
    November 14, 2024
    The D. E. Shaw group, a global investment and technology development firm, announced today that it has raised $1 billion in commitments for D. E. Shaw Alkali Fund VI ("Alkali VI"), a closed-end vehicle that is expected to pursue a multi-strategy investment style and invest primarily in corporate debt, structured credit, synthetic securitizations, and other specialty asset classes.
  • Winston Represents Court Square Capital Partners in its Definitive Agreement to Sell Advanced Diabetes Supply Group for US$1.1B
    November 14, 2024
    Winston & Strawn represented Court Square Capital Partners, a New York-based leading middle-market private equity company, in its entry into a definitive agreement to sell Advanced Diabetes Supply® Group (ADSG), a California-based national distributor of Durable Medical Equipment (DME) specializing in diabetes supplies, to Cardinal Health for US$1.1B.
  • Encina Private Credit Delivers Strong Growth With Year To Date Volume Up 52% Through Third Quarter 2024 Versus Same Period 2023
    November 14, 2024
    During the first nine months of 2024, Encina Private Credit (“Encina”) provided over $355 million of first out enterprise value loans to a wide range of middle-market companies. Encina continued to partner with direct lenders and private equity sponsors to support portfolio companies with growth capital and finance add-on acquisitions.
  • eCapital Delivers $30 Million ABL Facility to Fuel Employee Ownership for Energy Services Company
    November 14, 2024
    eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, announced the successful completion of a $30 million asset-based lending (ABL) facility for an established energy services company.
  • Hancock Whitney Names Matt Mouledous as Director of Asset Based Lending
    November 14, 2024
    Hancock Whitney—one of America’s strongest, safest banks—has named Matt Mouledous managing director of its asset based lending (ABL) division, Hancock Whitney Business Capital.
  • Equify Financial Launches Receivables Finance Division
    November 14, 2024
    Equify Financial, a leader in commercial finance solutions, has announced the launch of its new division offering receivables lending and ABL capital solutions serving a variety of industry sectors.
  • Abacus Finance Provides Senior Debt Financing to Support WestView Capital Partners’ Dark Horse Consulting in its Acquisition of BioTechLogic
    November 14, 2024
    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 that it served as Administrative Agent and Sole Lender to support WestView Capital Partners’ Dark Horse Consulting in its acquisition of BioTechLogic.
  • Alleon Announces $5,000,000 Medical AR Financing Facility to a CA-Based Occupational Health Organization
    November 14, 2024
    Alleon Healthcare Capital, LLC (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $5,000,000 medical accounts receivable financing facility with an occupational health organization based in California (“Company”).
  • SLR Business Credit Announces a Senior Debt Investment in Innovative Packaging Solutions
    November 14, 2024
    SLR Business Credit (SLRBC) is excited to announce its partnership with Innovative Packaging Solutions (IPS), an established Southern California packaging firm that combines industry expertise, award-winning designs, and cutting-edge technology with a global reach to deliver the ultimate positive packaging experience from “factory to fingertips”.
  • Pearlmark Announces Second Closing of Sixth Mezzanine Fund ​
    November 14, 2024
    Pearlmark is pleased to announce the second closing of its sixth high yield credit investment fund, Pearlmark Mezzanine Realty Partners VI, L.P. (“Pearlmark Mezz VI” or the “Fund”). Pearlmark Mezz VI now totals more than $300 million in commitments, including discretionary managed accounts, gaining on the traction of the first closing of more than $185 million in August 2024.
  • Crown Partners Arranges $30 Million Senior Financing for HGS BioScience
    November 14, 2024
    Crown Partners announces it has successfully arranged $30 million of senior financing from a leading US commercial bank for HGS BioScience, LLC (“HGS”), a portfolio company of Paine Schwartz Partners. The firm served as exclusive financial advisor to HGS in connection with this transaction.
  • Rosenthal Closes Pair of Transactions Totaling $5 Million
    November 14, 2024
    Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of an asset-based lending transaction and a factoring transaction totaling $5 million.
  • Runway Growth Capital Provides $23 Million Growth Investment to Snap! Mobile
    November 13, 2024
    Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, announced today a $23 million growth capital commitment to Snap! Mobile ("Snap!"), a leading fundraising platform for schools and organizations to support their sports teams, groups, and clubs.
  • Trinity Capital Inc. Provides $40 Million in Growth Capital to Impress
    November 13, 2024
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $40 million in growth capital to Impress, a leading orthodontic chain in Europe, specializing in invisible aligners.