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  • Kome Joins CohnReznick as Director, Government and Public Sector Advisory
    June 26, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Jessie Handforth Kome has joined the firm as a Director in its Government and Public Sector Advisory practice. Based in the Washington, DC area, Kome has almost four decades of U.S. Department of Housing and Urban Development (HUD) leadership experience focused on community development, neighborhood stabilization, disaster recovery, and program innovation.
  • Crossroads Provides $2.5 Million Inventory Revolver for a Manufacturer and Distributor of Plastic Injection Molded Utensils
    June 26, 2024
    Crossroads Financial, a leading provider of inventory financing, is excited to announce that it has provided a $2.5 Million inventory revolver to support the acquisition of a 30-year plastic injection molding manufacturer specializing in kitchen utensils. The acquisition of this "Made in America" manufacturer, producing private label products for big box retailers throughout the United States, was necessitated by the retirement of its original owners.
  • Hilco Global Champions Express' Successful Emergence from Bankruptcy with Strategic Operational and Financial Solutions
    June 26, 2024
    Hilco Global is pleased to announce the completion of a successful engagement with Express as it is sold to Phoenix Retail. Phoenix Retail, a new retail business, is a joint venture between WHP Global and mall owners Simon Property Group and Brookfield Properties. ReStore Capital, an operating company of Hilco Global and a credit focused investment manager, agented a $65 million Second Lien Term Loan to Express in September 2023.
  • OHA is Administrative Agent & Lead Left Arranger for Private Refinancing of MedVet
    June 26, 2024
    Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a private unitranche facility to support a recapitalization of MedVet. MedVet is a founder and veterinarian owned platform that operates a leading network of specialty and emergency veterinary hospitals across the U.S. OHA was the sole lender of the private unitranche facility, consisting of a term loan and delayed draw term loan.
  • New Era Advisors Launches; Beth Rahn to Provide Fundraising Advisory for Female and Diverse Investment Managers
    June 26, 2024
    Beth Rahn, former Head of Family Capital at McNally Capital, has announced the launch of her fundraising advisory firm, New Era Advisors (“New Era”). New Era will provide fundraising advisory and fund placement services to female and diverse investment managers in the private markets, including private equity, growth equity, venture capital, real estate, and private debt.
  • Houlihan Lokey Strengthens Retail and Multi-Unit Coverage Capabilities With Senior Hire
    June 26, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Kenny Kraft has joined the firm’s Consumer, Food & Retail Group as a Managing Director. Based in Atlanta, Mr. Kraft will oversee the firm’s coverage efforts across the retail and multi-unit sector, adding expertise in convenience stores, restaurants, and auto-related multi-unit companies.
  • WhiteHawk Capital Partners Provides Credit Facility to Arizona Athletic Grounds
    June 26, 2024
    WhiteHawk Capital Partners, LP ("WhiteHawk"), a Los Angeles-based private credit investment manager focused on asset-based financing solutions, announced it has entered into a $20 million credit facility to Arizona Athletic Grounds (“AAG”), the USA’s premier youth sports and entertainment facility located in Mesa, Arizona.
  • Nik Singhal Joins ORIX USA as Group Head of Direct Lending
    June 26, 2024
    ORIX Corporation USA (ORIX USA), announced today the appointment of Nik Singhal as Managing Director and Group Head of Direct Lending within its Private Credit business. Mr. Singhal is based in New York and will report to Jeff Abrams, Group Head of Private Credit and Real Estate and Member, Executive Committee.
  • Reparo Finance Launches Revolving Credit Facility to Support SME Growth
    June 25, 2024
    Specialist commercial finance provider Reparo Finance has launched a new revolving credit facility to support SMEs with cashflow to fund growth. It plugs a gap in the market for flexible access to £25k-£75k over the course of a financial year.
  • Regis Corporation Announces New Credit Facility to Refinance Existing Debt
    June 25, 2024
    Regis Corporation (NasdaqGM: RGS) (“Regis” or the “Company”), a leader in the haircare industry, today announced that it has entered into a new senior secured credit facility with TCW Asset Management Company LLC (“TCW”), a leading global asset manager, and Midcap Financial Trust (“Midcap”).
  • MKP Advisors Welcomes Thomas Nienaber to Strengthen Event-Driven Research Team
    June 25, 2024
    MKP Advisors (MKP), a leading global advisory firm, is pleased to announce the addition of Thomas Nienaber to its leadership team. Thomas will work alongside Mark Kelly and the MKP team to expand and enhance the firm's event-driven research product, aiming to broaden its reach and coverage.
  • Ares Commercial Finance Provides a $13.5 Million Credit Facility to Oats Overnight
    June 25, 2024
    Ares Commercial Finance announced today that it has provided a senior secured revolving line of credit to Oats Overnight, Inc. (“Oats Overnight” or the “Company”). The Company, which is headquartered in Tempe, Arizona, provides a fast-growing, better-for-you high protein oatmeal.
  • SLR Equipment Finance Expands its Business Development Capabilities and Announces that Russell Goldman has Joined the Company
    June 25, 2024
    SLR Equipment Finance is pleased to announce Russell Goldman has joined our company as Senior Vice President, Direct Sales. In his role, Russell will help grow SLR Equipment Finance’s leasing and lending activities in Tennessee, North Carolina, South Carolina, Georgia, Alabama, Mississippi & Florida.
  • Monroe Capital Supports Superior Waste Industries, LLC's Add-On Acquisitions
    June 25, 2024
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Shawnee Dumpster Services (“SDS”) and Sue’s Recycling & Sanitation (“Sue’s”) by Superior Waste Industries, LLC’s, d/b/a Superior USA Waste (“Superior”), an existing portfolio company of Red Dog Equity, LLC.
  • First Business Bank Funds $10 Million Factoring Facility to Hospitality-Industry Companies
    June 25, 2024
    First Business Bank’s Accounts Receivable Financing group announces a recently funded $10 million factoring facility for a collection of companies that provide various services, such as staffing, linen, and laundry, to the hospitality industry.
  • First Citizens Bank Provides $22 Million to Euroseas Ltd. for Containership Financing
    June 25, 2024
    First Citizens Bank today announced that its Maritime Finance business provided a senior secured loan of $22 million to Euroseas Ltd. for the financing for a newbuild 2,800 TEU Eco containership.
  • Houlihan Lokey Strengthens Retail and Multi-Unit Coverage Capabilities With Senior Hire
    June 25, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Kenny Kraft has joined the firm’s Consumer, Food & Retail Group as a Managing Director. Based in Atlanta, Mr. Kraft will oversee the firm’s coverage efforts across the retail and multi-unit sector, adding expertise in convenience stores, restaurants, and auto-related multi-unit companies.
  • Horizon Technology Finance Enhances Capital Resources and Increases Capacity via New $100 Million Credit Facility
    June 25, 2024
    Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced that Horizon Funding II, LLC, Horizon’s wholly-owned subsidiary (“HFII”), has closed a $100 million senior secured credit facility led by a large U.S. based insurance company pursuant to which HFII may issue up to $100 million of secured notes.
  • West Marine Announces New $150 Million Credit Facility from Eclipse Business Capital to Support Operating Strategy and Long-term Growth
    June 25, 2024
    West Marine and certain of its affiliates ("West Marine" or the "Company"), the nation's leading omnichannel provider in the marine aftermarket, announced today that it has entered into a new $150 million credit facility from asset-based lender (ABL) Eclipse Business Capital.
  • Recurrent Energy Closes $513 Million in Financing for 1,200 MWh Energy Storage Project in Arizona
    June 25, 2024
    Recurrent Energy, a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, today announced it has secured $513 million in project financing for its landmark Papago Storage project located in Maricopa County, Arizona. Construction of the 1,200 MWh Papago Storage is slated to commence in the third quarter of 2024, with commercial operations expected to begin in the second quarter of 2025.