- GA Group adds Restaurant Industry Veteran, Craig S. Miller as Senior Advisor, Global Restaurant & Franchise Strategy
- Tiger Group Announces Major Geotechnical Equipment Auction
- NGL Closes $950 Million Term Loan, Amends Asset-Based Revolving Credit Facility, To Redeem Approximately 195,000 Class D Preferred Units
- Baker Garrington and Liquid Capital Announce Recent Financings
- Gateway Completes a Record 39 Stretch Deals in 45 Days Totaling $15 Million
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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Hilco Global announced today that Ward Mooney, a highly regarded deal originator, lender, and thought leader in the financial services sector, will join the Hilco Global executive leadership team on September 5, 2022. In this new role as Executive Vice President and Senior Advisor, Mr. Mooney will work closely with the Hilco Global senior management team at the holding company while collaborating with the firms operating companies as they continue to grow and expand its diversified suite of financial services solutions.
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Tiffany Dufu will be a Keynote Speaker at SFNet’s virtual Women in Secured Finance conference July 29-30. For more information or to register, please click here.
Tiffany Dufu is founder and CEO of The Cru. Their algorithm matches circles of women who collaborate to meet their personal and professional goals. She’s also the author of the bestselling book Drop the Ball: Achieving More by Doing Less. According to the foreword contributor Gloria Steinem, Drop the Ball is “important, path-breaking, intimate and brave."
Named to Fast Company’s League of Extraordinary Women, Tiffany has raised nearly $20 million toward the cause of women and girls. She was a launch team member to Lean In and was Chief Leadership Officer to Levo, one of the fastest growing millennial professional networks. Prior to that, Tiffany served as President of The White House Project, as a Major Gifts Officer at Simmons University, and as Associate Director of Development at Seattle Girls’ School.
TSL Express Daily Headlines & News
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Comvest Credit Partners Announces Investment in The JG Wentworth Company
February 2, 2023Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent on a $30 million senior secured credit facility (the “Financing”) to The JG Wentworth Company, LLC (“JG Wentworth,” or the “Company”), a leading provider of consumer financial services. The Financing was used to fund a strategic acquisition by the Company and provide capital for further business growth.
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Aruze Gaming America, Inc. Announces Plan for Financial Restructuring
February 2, 2023Aruze Gaming (Aruze), a leading developer of gambling entertainment solutions for the global casino market, today announced it has filed a voluntary petition under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the State of Nevada.
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Wolters Kluwer Enablon and Makersite Announce Strategic Collaboration to Help Enterprises Reach ESG Goals
February 2, 2023Manufacturing enterprises will more easily be able to progress toward achieving Net Zero and reaching their ESG (environmental, social, governance) goals, thanks to a new strategic collaboration between Wolters Kluwer Enablon and Makersite. The two industry leaders will help organizations manage Net Zero ambitions through decarbonizing supply chains. This involves data collection, modelling, reporting, planning, forecasting, and operational execution across all three Scopes of greenhouse gas (GHG) emissions.
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Abacus Finance Provides Senior Debt Financing to Support the Leveraged Buyout of Marshall & Stevens by Pine Tree Equity Partners
February 2, 2023Abacus 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 senior secured credit facilities to support the leveraged buyout of Marshall & Stevens by Pine Tree Equity Partners.
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Cushman & Wakefield Announces Amendment and Maturity Extension of $1.0 Billion of Its Senior Secured Term Loan
February 2, 2023-Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced an amendment to its current Credit Agreement that extends the maturity of $1.0 billion of its existing $2.6 billion Senior Secured Term Loan. The $1.0 billion of the Senior Secured Term Loan is extended from a maturity date of August 21, 2025 to January 31, 2030, and it will bear interest at a rate of Term SOFR plus an applicable spread adjustment plus 3.25% with a 0.50% Term SOFR floor.
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Carlyle Serves as Administrative Agent, Joint Lead Arranger and Bookrunner on the Senior Debt Financing of Apex Companies
February 2, 2023Global investment firm Carlyle (Nasdaq: CG) today announced that its Global Credit platform has provided senior debt financing in support of the acquisition of engineering consultancy Apex Companies LLC, managed by Morgan Stanley Capital Partners (“MSCP”).
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BMO Completes Acquisition of Bank of the West
February 2, 2023BMO Financial Group (TSX: BMO) (NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced today it has completed the acquisition of Bank of the West from BNP Paribas (XPAR: BNP).
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Siena Lending Group LLC Increases its Senior Leverage Facility to $672.5 Million
February 1, 2023Siena Lending Group LLC ("Siena") today announced an increase to its senior credit facility with Wells Fargo Capital Finance to $672.5 million to support its continued growth. Siena is a leading independent asset based lending business, supporting middle market companies with credit facility requirements of $10 -$100MM. Siena operates nationwide throughout the U.S. and Canada and offers financing for healthcare companies through its Siena Healthcare division.
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Versant Funds $4.5 Million Non-Recourse Factoring Transaction to MedTech Company
February 1, 2023Versant Funding LLC is pleased to announce it has funded a $4.5 Million non-recourse factoring transaction to a MedTech company which provides services to major hospitals and pharmaceutical companies.
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InterNex Capital Announces $750,000 Line of Credit to Oil & Gas Company
February 1, 2023InterNex Capital provides $750,000 facility to an oil and gas servicing company based in Arkansas. The company sought a stable and consistent working capital partner to satisfy daily needs, improve cost of capital, and help plan for future high-tech investments to meet their growth plans.
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Martin to Lead CohnReznick’s Boston and Greater Massachusetts Offices
February 1, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Kevin P. Martin, Jr. is assuming the role of Office Managing Partner – Massachusetts Offices effective February 1, 2023. This significantly expands Martin’s leadership role in the state as he will now lead the Boston office in addition to maintaining his current responsibilities managing the Braintree, Danvers, and Fall River offices.
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Private Funds and Real Estate Partner Gibbs Fryer Returns to King & Spalding
February 1, 2023King & Spalding announced today that private funds and real estate lawyer Gibbs Fryer has rejoined the firm as a partner in its Corporate, Finance and Investments (CFI) practice group. He is based in the firm’s Atlanta office. Fryer will advise private equity sponsors and institutional investors on real estate capital markets transactions, with a particular focus on real estate fund formation, joint ventures and other capital markets transactions.
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Atalaya Closes Eighth Special Opportunities Fund at $1.8 billion Hard Cap
February 1, 2023Atalaya Capital Management (“Atalaya”), a leading investment management firm focused on asset-based private debt and special opportunities, announced the completion of fundraising for its eighth Special Opportunities Fund (“ASOF VIII”). The oversubscribed fund closed with $1.8 billion of commitments given significant support from both new and existing partnerships with investors. These partners include public and corporate pensions, endowments, foundations, healthcare systems, sovereign wealth plans and high net worth individuals.
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Audax Private Debt Provides Financing to Support Cressey & Company and Health Enterprise Partners’ Investment in The InterMed Group
February 1, 2023Audax Private Debt (“Audax”) announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support Cressey & Company (“Cressey”) and Health Enterprise Partners’ (“HEP”) acquisition of The InterMed Group (“InterMed” or the “Company”).
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SolaREIT™ Announces $15 Million Revolving Credit Facility with Atlantic Union Bank
January 31, 2023SolaREIT™, a solar real estate investment fund, announced today that they successfully closed on a revolving credit facility with Atlantic Union Bank (AUB). This line of credit provides the company with an additional $15 million of liquidity, and will allow SolaREIT™ to continue to scale the business and efficiently use its securitization facility established in 2021 with Nuveen/TIAA CREF.
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Bridge Bank Provides $3 Million Credit Facility to Help Innovative Lease Services Grow Portfolio
January 31, 2023Bridge Bank today announced its Capital Finance Group has closed on a $3 million credit facility for Innovative Lease Services Inc., a Carlsbad, California-based provider of commercial equipment financing and leasing services. Innovative Lease Services (ILS) plans to use the funding to help grow its lease portfolio.
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David Castleman Joins Otterbourg as Member in the Restructuring and Bankruptcy Department
January 31, 2023Otterbourg P.C. announced today that David Castleman has joined the firm as a member in the Restructuring and Bankruptcy Department. He comes to Otterbourg from Raines Feldman LLP, where he was a partner. Mr. Castleman’s practice focuses on federal equity receiverships and complex litigation in both state and federal courts.
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Wintrust To Appoint Timothy S. Crane as Chief Executive Officer
January 31, 2023Wintrust Financial Corporation (“Wintrust” or “WTFC”) is today announcing the planned transition of the Chief Executive Officer role. Effective May 1, 2023, Timothy S. Crane, who currently serves as Wintrust’s President, will assume the additional role of Chief Executive Officer. Crane also has been appointed to the Wintrust Board of Directors effective immediately.
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Leading Finance and Restructuring Partner Joins Womble in Baltimore
January 31, 2023Womble Bond Dickinson announced today that Joel L. Perrell Jr. has joined the Baltimore office as a partner in the Capital Markets group. Perrell brings decades of experience representing diverse clients in bankruptcy cases, insolvency proceedings, restructurings, and workouts domestically and internationally involving cryptocurrency, retail, manufacturing, healthcare, transport, real estate, insurance, and other commercial businesses.
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Lighthouse Financial Corp. Promotes Daniel Ellis to Senior Vice President-Account Executive
January 31, 2023Lighthouse Financial Corp. is pleased to announce the promotion of Daniel Ellis to Senior Vice President, Account Executive. In this role Mr. Ellis will continue to manage a portfolio of asset-based loans and underwrite new transactions. In addition, Mr. Ellis will lead the efforts of Lighthouse's subsidiary Verification Management Company, which provides asset-based loan management services to financial institutions without the capacity to do so themselves.
The Secured Lender
SFNet's The Women in Secured Finance Issue



