CIBC ABL closed four new transactions, totaling $107mln, in November and December 2024. The momentum and strong growth late in 2024 signals a positive outlook for the upcoming fiscal year with a depth of new deal flow still to come.

The representative transactions emphasize the depth of connectivity of our senior business development team, and their long-standing relationships with key centers of influence, family-owned businesses and sponsors. It is these relationships coupled with our wide set of capabilities from turnaround situations through high-growth opportunities, that make our business unique. These transactions demonstrate our commitment to executing throughout various stages of our clients’ lifecycle.

In November 2024, CIBC ABL provided a $10mln Revolving Line of Credit to a sponsor-backed manufacturer of metal components based in the Midwest Region. The facility will support the Company’s ongoing working capital needs. Additionally, our team successfully transacted with a family-owned distributor of educational and recreational products, closing a $12mln Revolving Line of Credit and $5mln Senior Term Loan. Both transactions were won through competitive, advisor-led processes with long-standing partners.

In December, CIBC ABL provided a $35mln Revolving Line of Credit and $20mln Senior Term Loan to a manufacturer of flooring installation products. The transaction will support a West Coast-based Sponsor’s acquisition and corporate carve out. Additionally, our team partnered with a sponsor-backed contract manufacturer based in the Mid-Atlantic/Northeast Region, closing a $25mln Revolving Line of Credit. The facility will refinance the Company’s existing debt and support ongoing working capital and growth.
These transactions exemplify our speed of execution, national reach, and focus on providing tailored solutions to our middle-market client base.