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  • Crescent Energy Announces Offering of $400 Million Private Placement of Senior Notes Due 2028
    January 26, 2023
    Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) intends to offer for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers $400 million aggregate principal amount of Senior Notes due 2028 (the “Notes”).
  • Fashion Retailer Express Completes Transaction With Turnaround Firm WHP Global
    January 26, 2023
    Fashion apparel retailer Express has completed its previously announced transaction with turnaround firm WHP Global. With the transaction, WHP Global has invested $260 million in the firm, acquiring 7.4% of the firm for $25 million and 60% of an intellectual property joint venture for $235 million, the companies said in a Wednesday (Jan. 25) press release.
  • Barclays Expands Technology Banking Franchise with Two Senior Appointments
    January 26, 2023
    Barclays announces the appointments of Douglas Melsheimer as a Managing Director in Technology Investment Banking, and Vladimir Ganchev as a Managing Director in Technology M&A. Mr. Melsheimer will focus on software, with emphasis on Human Capital Management (HCM) Software and Customer Experience (CX), and will report to Marco Valla, Global Head of Technology, Media and Telecom (TMT) Banking at Barclays.
  • OnPoint Warranty Solutions Announces Strategic Investment and Acquisition
    January 26, 2023
    OnPoint Warranty Solutions, LLC (“OnPoint”), a rapidly growing insuretech, mobile solutions and warranty services company, today announced that it has completed a strategic transaction with a private equity vehicle managed by Waterfall Asset Management, LLC (“Waterfall”) and Atalaya Capital Management (“Atalaya”).
  • Comerica Bank Promotes Three Executive Leaders to Newly Established Positions
    January 26, 2023
    - Comerica Incorporated (NYSE: CMA) announced today that, effective Jan. 27, 2023, it is promoting three executive leaders to newly established positions: Peter Sefzik, Executive Vice President (EVP), Executive Director, Commercial Bank, will assume the role of Senior EVP, Chief Banking Officer; Megan Crespi, EVP, Chief Enterprise Technology and Operations Services Officer, will assume the role of Senior EVP, Chief Operating Officer; and Megan Burkhart, EVP, Chief Human Resources Officer, will assume the role of Senior EVP, Chief Administrative Officer.
  • Runway Growth Capital Announces Three Promotions
    January 26, 2023
    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, today announced promotions for several members of its investment team. Edward Chen becomes Managing Director, and Yifan Lai and Avisha Khubani advance to Principal. ​
  • Fifth Third Bank Provides a New $25 Million Revolving Credit Facility to APTURA Group
    January 26, 2023
    APTURA Group is a 100% employee-owned team of professionals committed to providing holistic solutions to the construction process, from writing door and hardware specifications until the keys are handed over.
  • Capstone Partners Adds Managing Director Matthew Hart to New York Team
    January 26, 2023
    Capstone Partners’ Financial Advisory Services (FAS) group is pleased to announce that Matthew Hart has joined the practice as a Managing Director focused on Special Situations Investment Banking. He has more than twenty years of experience advising, financing, and investing in companies in transition, across most major industries.
  • Loeb Provides $6.8 Million in Term Loans to Help Four Companies with Working Capital Needs
    January 26, 2023
    Loeb continues its long history of supporting companies in transitional financial states with $6.8 million in machinery and equipment loans in Q4 of 2022. These loans will help the four businesses continue to operate smoothly by extracting working capital from their existing M&E.
  • Abacus Finance Provides $50 Million in Senior Debt Financing to Support the Recapitalization of SV Labs, a Portfolio Company of San Francisco Equity Partners
    January 26, 2023
    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 Senior Secured Credit Facilities Administrative Agent and Lead Arranger for $50 million in senior secured credit facilities to support the recapitalization of SV Labs, a portfolio company of San Francisco Equity Partners.
  • Franchise Group, Inc. Announces the Launch of a $200 Million Add-on to Its Existing Term Loan
    January 25, 2023
    Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG” or the “Company”) today announced that it has launched a $200 million non-fungible add-on to its existing first lien term loan due in March 2026. Proceeds from the transaction are expected to be used to pay down existing debt under the Company’s ABL credit facility. JPMorgan Chase Bank, N.A. is acting as lead arranger of the financing.
  • AlixPartners Adds Veteran Retail Consultant Justin MacFarlane
    January 25, 2023
    AlixPartners has hired Justin MacFarlane as a partner and managing director in its global retail practice. ​ Based in New York, MacFarlane has nearly 30 years of leadership experience in consulting and as a C-suite executive at large retailers. He has expertise transforming companies for growth, leading operational improvements, and driving digital transformation initiatives.
  • Schulte Roth & Zabel Represents Starboard in Ritchie Bros. Investment
    January 25, 2023
    Schulte Roth & Zabel (SRZ) advised Starboard Value LP in their recently announced $500 million strategic investment in global asset management and disposition company Ritchie Bros. Auctioneers. The investment includes the purchase of $485 million in newly issuable senior preferred shares and $15 million in common shares by Starboard.
  • Gibraltar Business Capital (GBC) Provides $20MM Credit Facility to Specialty Printing Business
    January 25, 2023
    Trust, flexibility, and deep structuring creativity were showcased in Gibraltar Business Capital (GBC)’s latest financing transaction and partnership with specialty printer, Serigraph Inc. (“Serigraph”). Based in West Bend, WI, Serigraph has a nationwide footprint, delivering custom printing solutions for a wide variety of industries, including automotive, medical, consumer goods, QSR, and many more. Their core business is built on being flexible for the needs of their customers.
  • Amerisource Closes $1,000,000 Working Capital Facility for Manufacturing Services
    January 25, 2023
    Amerisource Business Capital announced the closing and funding of a $1,000,000 working capital facility for a Texas-based electronics manufacturer. The company had been a former client of Amerisource for over 20 years before moving its revolver to a commercial bank.
  • DailyPay Announces $260 Million in New Funding
    January 25, 2023
    DailyPay, a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon, and new term loan funding from SVB Capital and a fund managed by Neuberger Berman.
  • MariMed Closes $35 Million Credit Facility to Accelerate its Strategic Growth Plans
    January 25, 2023
    MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator, announced that today it closed a $35 million secured credit facility with Chicago Atlantic Advisors, LLC (“Chicago Atlantic”) as the lead lender.
  • TradeCap Partners Extends $7MM Purchase Order Finance Facility to Importer
    January 25, 2023
    TradeCap Partners, LLC (“TradeCap) is pleased to announce the recent closing of a $7 million Purchase Order Funding facility for a supplier providing new and used equipment to big box retailers located throughout the United States and Canada. TradeCap’s facility is comprised of cash payments against shipping documents and documentary bank letters of credit, securing payment to the company’s overseas suppliers for the direct cost of goods.
  • SR Alternative Credit Completes Novel $4 Million Financing of Tenant Lease Contracts
    January 24, 2023
    SR Alternative Credit, LLC (“SRAC”), formerly Old Hill Partners, today announced a $4 million investment in a micro-securitization of tenant lease contracts originated by a leading proptech company dedicated to improving the residential lease market for both landlords and tenants.
  • Blucora Enters Into $270 Million Amended and Restated Credit Facility
    January 24, 2023
    Blucora, Inc. (“Blucora” or the “Company”) (NASDAQ: BCOR) announced today that the Company and certain of its wholly-owned subsidiaries entered into a credit agreement (the “Amended and Restated Credit Agreement”), which amended and restated the Company’s existing credit agreement, dated May 22, 2017, as amended.
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