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  • Kobes Joins CohnReznick as Managing Director, Value360 – Transactional Advisory
    January 17, 2023
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Laura Kobes has joined the firm as a Managing Director in its Value360 - Transaction Advisory Services practice. Based in Virginia, Kobes will focus on leading and growing the firm’s dedicated Sale and Purchase Agreement (SPA) Advisory practice and on M&A dispute capabilities, both as the neutral arbitrator and as an advisor to buyers and sellers.
  • Lighthouse Provides $6,000,000 Credit Facility to Tennessee Manufacturer and Distributor of Pharmaceutical Products
    January 17, 2023
    Lighthouse Financial Corp. is pleased to announce the completion of a $6,000,000 credit facility to a Tennessee-based manufacturer and distributor of pharmaceutical products. Founded in 2001, the company markets and sells its own branded product lines of enemas, feminine hygiene products, over-the-counter medications, and personal care products. In addition, the company provides contract compounding and packaging for many private label brands.
  • BHI Appoints Nitin Aeri as Head Of Cash Management
    January 17, 2023
    BHI, a full-service commercial bank, announced that it has appointed Nitin Aeri as Head of Cash Management. Aeri brings to BHI more than 20 years of experience in treasury and cash management across commercial, corporate and multinational client segments covering the management of product P&L, sales, risk, payment and collection products and technology, as well as implementation and service processes.
  • North Mill Unveils Powerful New Customer Portal
    January 17, 2023
    North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender located in Norwalk, Connecticut, launched its online customer portal, a powerful, feature-rich digital platform designed to help the company’s nearly 15,000 customers self-manage their accounts 24/7.
  • Getzler Henrich & Associates Named One of Top US Outstanding Turnaround Firms Again for 2022 by Turnarounds & Workouts
    January 17, 2023
    Turnarounds & Workouts, the leading news magazine for corporate restructuring professionals, has again recognized Getzler Henrich & Associates LLC, with the prestigious honor of being selected as one of the top U.S. Outstanding Turnaround Firms. Getzler Henrich, founded in 1968, is one of the nation's oldest and most respected names in middle market corporate turnaround and restructuring.
  • Kroll Announces Rachel Posner as Chief Client Officer
    January 17, 2023
    Kroll, the leading independent provider of global risk and financial advisory solutions, announced today the appointment of Rachel Posner as Chief Client Officer and Managing Director in the Growth Team, based in New York. In this newly created role, she will be responsible for global client development and account management strategy and will oversee the strategic expansion of key partnerships.
  • PNC Expands Its Environmental Finance Pledge To $30 Billion
    January 17, 2023
    The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the expansion of its environmental finance commitment to $30 billion. The bank initially announced in August 2021 a commitment of $20 billion over five years in support of environmental finance. Since then, PNC has completed $9 billion in environmental financing for its customers.
  • OBE Power Secures Strategic Funding to Accelerate the Nationwide Expansion of its Electric Vehicle Charging Network
    January 17, 2023
    OBE Power Networks (“OBE Power”) announces the closing of a senior secured funding facility with SUSI Energy Efficiency Fund II, managed by SUSI Partners, a Swiss-based infrastructure investment manager. The facility will support OBE Power in further advancing its unique EV Charging-as-a-Service (“EV CaaS”) offering to a fast-growing customer base in the live-work-play-learn ecosystem, thus enabling the company to expand its current Florida and Texas footprint to the entire country.
  • Nomura Strategic Ventures Makes an Investment in Percent
    January 17, 2023
    Percent, the revolutionary platform that has created the modern credit marketplace, today announced that Nomura Strategic Ventures, LLC (NSV), has provided financing to support the company’s innovation and growth through its venture debt fund, Nomura Strategic Ventures Fund 1. Nomura will also explore using the platform for their own deals.
  • Merchants & Marine Bancorp, Inc. Launches Voyager Lending, a Small Business Lending Group Focused on SBA and USDA Loans
    January 17, 2023
    Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants & Marine Bank, a century-old Mississippi-based financial institution, has launched Voyager Lending, a division dedicated to offering lending solutions for small business owners.
  • FTI Consulting Enhances Corporate Finance & Restructuring Segment in the Middle East with Addition of Dedicated Tax Practice
    January 17, 2023
    FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Nilesh Ashar as a Senior Managing Director and Sameep Uchil as a Managing Director in the Dubai International Financial Centre office in Dubai, UAE.
  • Lincoln International Announces Managing Director Promotions
    January 17, 2023
    The new MDs join more than 150 globally who provide complementary investment banking advisory services in the private capital markets. Their mergers and acquisitions (M&A) and capital advisory acumen bolster the firm’s senior leadership in both expertise and commitment to outstanding outcomes.
  • VIQ Solutions Announces US$15 Million Credit Facility
    January 17, 2023
    VIQ Solutions Inc., a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, today announces that the Company has entered into a senior secured loan with Beedie Investments Ltd. (the "Lender"), pursuant to which the Lender will make available up to US$15 million to the Company (the "Loan"), pursuant to the terms of a credit agreement by and among the Company and the Lender.
  • NowVertical Secures $7 Million Cad Credit Facility, Completes Acrotrend, Smartlytics Acquisitions
    January 17, 2023
    Toronto-based data software and services company NowVertical has secured a $7 million CAD credit facility from TD Bank as it closes its two previously announced multimillion-dollar acquisitions of Acrotrend Solutions and Smartlytics. NowVertical announced last week that its acquisitions of United Kingdom data analytics solution providers Acrotrend and Smartlytics have been completed as the Canadian company continues its growth plans focused on acquisitions.
  • Emeka Charles Chinwuba Joins Cahill’s New York Office as Corporate Partner
    January 17, 2023
    Cahill Gordon & Reindel LLP announced today that Emeka C. Chinwuba has joined the firm as a partner in the corporate practice group, based in New York. Mr. Chinwuba’s practice focuses on project development and financing transactions, particularly for renewable energy and infrastructure projects in the Americas and Sub-Saharan Africa.
  • Churchill Announces Record Investment Activity in 2022, Strong Continued Growth Despite Challenging Economic Environment
    January 17, 2023
    Churchill Asset Management LLC, an investment-specialist affiliate of Nuveen providing customized financing solutions to private equity firms and their portfolio companies, today announced its 2022 investment and capital raising activity, notable firm highlights and company-wide promotions.
  • Fifth Third Bank Supports Quantum Fuel Systems With a New $14.5 Million Asset Based Lending Credit Facility
    January 17, 2023
    Quantum Fuel Systems LLC is engineering the future of alternative fuel storage by designing, developing, and bringing innovative transport trailers, and industry-leading Type 4 cylinders for hydrogen, CNG and RNG to market. Quantum is at the forefront of the industry with decades of experience in mobile gaseous fuel storage and systems solutions.
  • Flux Power Announces Expanded $14 Million Credit Facility with Silicon Valley Bank
    January 17, 2023
    Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has expanded the available credit under its existing facility with Silicon Valley Bank (“SVB Credit Facility”). The amended agreement increases the available capacity of the facility from $8 million to $14.0 million to support higher working capital requirements related to increased customer demand.
  • NowVertical Group Announces New Credit Facility with The Toronto-Dominion Bank and Completes the Acquisitions of Acrotrend and Smartlytics
    January 17, 2023
    NowVertical Group Inc. (TSXV: NOW) ("NOW" or the "Company"), the VI software and solutions company, is pleased to announce a new credit agreement with The Toronto-Dominion Bank (“TD Bank”) for a CAD$7 million credit facility (the “New Facility”) and closed the previously announced agreements to acquire 100% of the issued and outstanding securities of two U.K. based data analytics solution providers (the“Acquisitions”), Acrotrend Solutions (“Acrotrend”) and Smartlytics (“Smartlytics”).
  • AmplifyBio Secures $50M in Debt Financing With Hercules Capital to Accelerate Business Plan
    January 17, 2023
    AmplifyBio announced that it had augmented its balance sheet with non-dilutive debt financing, whereby it may borrow a principal amount of up to $50 million from Hercules Capital, Inc. (NYSE: HTGC). The move allows AmplifyBio to continue investing in its strategic plan, including the rapid growth of sites, technology, and service offerings planned for the coming 18 to 24 months.
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