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  • Montage Capital Grows Its Investment Team
    October 27, 2022
    Montage Capital is excited to announce the appointment of Samantha Kim as Principal. She joins Founder and Managing Director Mike Rose, Managing Director Eric Gonzales, and Principal Chet Kasper as the fourth member of the Montage investment team.
  • KKR to Acquire Ness Digital Engineering
    October 27, 2022
    RBC Capital Markets is acting as exclusive financial advisor, and Stradley Ronon Stevens & Young, LLP is serving as legal advisor to Pacific Life. Ballard Spahr LLP, TJC Law Group LLP and Ropes & Gray LLP are legal counsel to Aristotle for the transaction.
  • Aristotle Expands Credit Offerings with Acquisition of Pacific Asset Management from Pacific Life
    October 27, 2022
    RBC Capital Markets is acting as exclusive financial advisor, and Stradley Ronon Stevens & Young, LLP is serving as legal advisor to Pacific Life. Ballard Spahr LLP, TJC Law Group LLP and Ropes & Gray LLP are legal counsel to Aristotle for the transaction.
  • Packable Software Platform and Related IP Available for Sale
    October 27, 2022
    Hilco Streambank presents the opportunity to acquire the intangible assets of Packable Holdings, LLC (“Packable” or “Pharmapacks”) including its software platform utilized to sell products on Amazon, Walmart and other third-party marketplaces. Packable is a leading, technology-driven eCommerce marketplace enablement platform providing consumer brands, distributors and digitally native brands with the connections, insights and services needed to enable and accelerate sales growth across multiple online marketplaces simultaneously.
  • Better Choice Announces Extension and Upsize of Current Revolving Credit Facility to $13.5M, Eliminating All Quarterly Amortization Payments and Extending Maturity to October 2024
    October 26, 2022
    Better Choice Company Inc. (NYSE American: BTTR) (the “Company” or “Better Choice”), a pet health and wellness company, today announced that it has successfully extended and upsized the Company’s existing credit facility to $13.5M with Wintrust Financial Corporation (“Wintrust”), a leading commercial bank headquartered in Chicago, Illinois.
  • Siena Lending Group Announces The Closing Of A $45 Million Credit Facility For Gladiator Energy LLC
    October 26, 2022
    Siena Lending Group LLC ("Siena") announces the completion of a $45 million asset-based revolving line of credit for Gladiator Energy LLC (“Gladiator”). The facility was provided to repay existing debt and to support the company’s growth initiatives. Based out of Houston, Texas, Gladiator provides coil tubing and ancillary services to large, well -known oil and gas customers operating in the Permian, Eagle Ford, Haynesville, and Marcellus basins throughout the US.
  • eCapital Asset Based Lending CEO Jennifer Palmer Named President of Secured Finance Network
    October 26, 2022
    eCapital Corp. ("eCapital" or "the Company"), a leading finance provider for businesses across North America and the U.K., is pleased to share the appointment of Jennifer Palmer, CEO of eCapital Asset Based Lending, to President of the Secured Finance Network (SFNet), a leading industry organization for companies and professionals who deliver and enable secured financing to businesses.
  • TAB Bank Provides Beverage Company in Canada with a $5 Million Asset-Based Credit Facility
    October 26, 2022
    TAB Bank is pleased to announce it has provided a beverage company based in British Columbia, Canada with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. In addition, the new facility from TAB Bank allows the company to move away from a smaller community bank and meet aggressive growth targets.
  • Main Street Announces New Portfolio Investment Invests $34.3 Million in Elgin Industries, Inc.
    October 26, 2022
    Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment to facilitate the recapitalization of Elgin Industries, Inc. ("Elgin" or the "Company"), a fully integrated supplier of engine and chassis components to original equipment manufacturers and the aftermarket.
  • Steve McWilliams Promoted to Executive Vice President, Chief Lending Officer at Republic Bank
    October 26, 2022
    Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, promotes Steve McWilliams to Executive Vice President, Chief Lending Officer. Mr. McWilliams has spent over 30 years in the banking industry, previously serving as Republic Bank’s Market President for Philadelphia Metro for the last two years and 12 years as a Senior Lender.
  • Ares Capital Corporation Appoints Kort Schnabel as Co-President and Michael Smith Joins Board of Directors
    October 26, 2022
    Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that Kort Schnabel was appointed as Co-President. Concurrently, Michael Smith stepped down as Co-President and has been appointed to the Ares Capital Board of Directors. Mr. Smith will continue to serve as a member of the Investment Committee of Ares Capital’s investment manager. Mitchell Goldstein will continue in his role as Co-President of Ares Capital alongside Mr. Schnabel.
  • Federal Signal Announces New $800 Million Credit Facility
    October 25, 2022
    The syndication of the new facility was completed with Wells Fargo Securities, LLC, PNC Capital Markets LLC and Truist Securities, Inc. acting as Joint Lead Arrangers and Joint Bookrunners, PNC Bank, National Association and Truist Bank as Syndication Agents, and JPMorgan Chase Bank, N.A. and The Toronto Dominion Bank, New York Branch as Documentation Agents. Wells Fargo Bank, National Association, will serve as Administrative Agent, Swingline Lender and Issuing Lender.
  • Hamilton Grant Announces Rebranding and Expanded Services
    October 25, 2022
    Hamilton Grant LLC, an SEC-registered broker/dealer and member FINRA / SIPC, has enhanced its solutions, completed a corporate rebranding and expanded its team. The firm’s new website at hamiltongrant.com includes a secure, interactive client portal to facilitate efficient communication with its affiliates.
  • Iron Horse Credit Provides a $2,500,000 Inventory Line of Credit to an E-Commerce Retailer and Wholesaler of Athletic Mats and Flooring Tiles
    October 25, 2022
    Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $2,500,000 stand-alone inventory revolving line of credit to an e-commerce retailer and wholesaler of athletic mats and flooring tiles. Started by a husband and wife from their garage, the company’s product was created out of the need for safe, reliable, and cost-effective interlocking foam mats. From an opportunistic idea, to selling to customers worldwide, the client has positioned itself as one of the leading companies in its space.
  • Gridiron Capital-Backed Vertical Supply Group Enters the U.K. Market Through Two Strategic Partnerships
    October 25, 2022
    Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce one of its portfolio companies, Vertical Supply Group (“VSG”), recently acquired two respected U.K. arborist retail and product development organizations, Honey Brothers and TreeKit. These acquisitions further establish a U.K. and Western Europe beachhead for VSG and provide an owned channel in a well-known end market to drive VSG brands internationally.
  • LBC Credit Partners and Sound Point Capital Support the Acquisition of Unirac, Inc.
    October 25, 2022
    LBC Credit Partners (“LBC”) and Sound Point Capital two of the leading providers of financing solutions to middle market companies, provided a $180 million senior secured credit facility to Greenbelt Capital Partners (“Greenbelt”) to support the acquisition of Unirac, Inc. LBC served as Agent and Lead Arranger for the senior secured credit facility. Sound Point Capital served as Co-Lead Arranger.
  • Cyprium Partners Promotes Molinari & Stone to Partner and Vulic to Chief Financial Officer & Chief Compliance Officer
    October 25, 2022
    Cyprium Partners, a private equity firm focused on non-control investments in profitable middle-market companies, is excited to announce the promotion of three key leaders in the firm: Drew Molinari and Nick Stone to Partner, and Lisa Vulic to Chief Financial Officer & Chief Compliance Officer.
  • Advanced Power Announces Close of $60 Million Capital Facility
    October 25, 2022
    Advanced Power announces the close of a $60 million capital facility at its corporate level through Crédit Agricole Corporate and Investment Bank (CIB). The new line of credit enables Advanced Power to more expeditiously deliver its North American pipeline of renewables projects.
  • Horizon Technology Finance Provides $17 Million Venture Loan Facility to Robin Healthcare
    October 25, 2022
    Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), 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, announced today it has provided a $17 million venture loan facility to Robin Healthcare, Inc. ("Robin"), of which $7 million has been initially funded.
  • Gateway First Bank Promotes John Kim to Chief Financial Officer
    October 25, 2022
    In this new role, Kim oversees all aspects of the company’s finance and accounting functions, including financial reporting, accounting operations, budgeting and forecasting, funding, deposit operations, and asset liability management. Previously, Kim was responsible for all of Gateway’s capital markets and investment-related activities, including developing and executing investment, funding, secondary marketing strategies, servicing, and treasury operations.
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