Frost Bank announced today that Howard Kasanoff, a senior executive vice president who has been with the bank since August 1992, will become chief credit officer at the beginning of 2023. Kasanoff will succeed Bill Perotti, Frost's long-serving chief credit officer, who is retiring at the end of this year.

Oxford Finance announced the closing of a $115 million senior credit facility to Pearl Street Dental Partners (“Pearl Street” or “the company”), a dental platform owned by SkyKnight Capital (“SkyKnight”), dentists, and management. Proceeds from the transaction will be used to support the acquisition of the business and provide ongoing working capital and growth capital needs. Oxford is the sole lender and administrative agent in the transaction.

CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility in Gaffney, South Carolina. Onward Energy Inc. is acquiring the five-unit, 860-megawatt simple-cycle peaking power plant, which is fully contracted under a long-term power purchase tolling agreement with Duke Energy Progress Inc. The financing package included a term loan, letters of credit and a working capital facility.

LSQ, a leading provider of working capital finance and payments solutions, today announced a partnership with Indiana-based Rochester Iron & Metal to provide a supply chain finance (SCF) program to its metal processing and recycling suppliers. Through the program, suppliers will have the ability to receive early payment for invoices to Rochester through LSQ FastTrack®, the best-in-class working capital finance and payments platform.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has been recognized by Private Equity Wire as the Best Audit Firm – Middle Market in the publication’s 2022 US Awards program. Award winners were announced during an awards ceremony and networking event held at The University Club of New York.

Huntington Business Credit announced it closed $88,302,000 in new credit facilities with Fourth Street Barbecue, Inc. on September 2, 2022. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital growth financing. Fourth Street Barbecue, Inc., headquartered in Charleroi, Pennsylvania, is a packer and distributor of frozen folds sold through the grocery industry.

Vinson & Elkins announced today that M&A and capital markets lawyer John Johnston has returned to the firm as counsel in New York. After beginning his career at Vinson & Elkins, Johnston rejoins the firm from Baker Botts, where he spent the past five years. He represents businesses in a wide range of corporate transactions, including initial public offerings, registered and unregistered offerings of equity and debt securities, and M&A transactions.

This innovative CBD company needed growth capital but since most banks are unable to fund this industry, they started to explore alternative solutions. The company was working with a few large retailers but couldn’t get the funding needed in order to pay vendors timely and keep up with the growing demand for high-quality CBD products in today’s market.

Second Avenue Capital Partners, LLC (SACP) and Tiger Finance (Tiger) announced the closing of an $80 million credit facility for Casper Sleep, Inc. (Casper), the omnichannel retailer of innovative sleep products including mattresses, pillows and other sleep accessories. The new financing will be used to retire an existing credit facility and support the ongoing working capital needs of the business.

CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided $34 million in financing to a joint venture between i.Park and Great Point Media for the development of the Lionsgate Warburton Studios, an entertainment production facility in Yonkers, New York.

REZI, a real estate technology company offering "Occupancy-as-a-Service" for rental property owners, has secured $100M in debt financing from Stratos Credit, announced today by Sean Mitchell, CEO & Co-founder at REZI.

Leading global professional services firm Alvarez & Marsal (A&M) has appointed Atlanta-based Chris Lanman as a Managing Director in the firm’s Private Equity Performance Improvement (PEPI) practice. Mr. Lanman joins A&M from KPMG and brings more than 25 years of in-depth, high-tech strategy and deal advisory consulting experience within the semiconductor, hardware, cloud computing and software industries.

Brightwood Capital Advisors (“Brightwood”), a private credit firm, announced today that it has provided an incremental term loan to support Interstate Waste Services, Inc.’s (“IWS”) multifaceted growth strategy. This transaction is a testament to Brightwood’s longstanding relationship with IWS, having supported the Company for over ten years. Most recently, Brightwood is providing additional financing to support several growth initiatives.

Wingspire Capital LLC (“Wingspire”) provided a $40 million senior secured revolving line of credit to Corsicana Mattress Company as part of its exit from bankruptcy. It was the third financing transaction Wingspire Capital has provided to Corsicana, following an initial senior secured revolving credit facility in mid-2021 and a $40 million debtor-in-possession facility in June of 2022.

Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon" or the "Company"), 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 Trust 2022-1, a newly-formed wholly-owned subsidiary of Horizon, has issued $100 million of Notes (the "Notes") rated A by a rating agency and which is backed by $158 million of secured loans originated by Horizon.

ViewRay, Inc. (Nasdaq: VRAY) (the "Company") today announced that it has entered into a new five-year loan facility agreement with MidCap Financial and Silicon Valley Bank (the "Agreement"). The Agreement consists of a term loan of up to $100 million and a revolving line of credit of up to $25 million.

Vida Capital, Inc. (“Vida”), a portfolio company of RedBird Capital Partners and Reverence Capital Partners, today announced that Helen Dong has joined the firm as Managing Director, Controller. In this role, Ms. Dong will oversee the financial reporting and corporate and fund accounting for Vida’s funds and initiatives. Ms. Dong will be based in New York and report to John Jureller, Senior Managing Director and Chief Financial Officer.

BHI, a full-service commercial bank, announced that it has appointed Danielle Ofek as Head of High Tech. Ofek has more than 15 years of experience founding and leading technology start-ups and serving as an executive in the corporate technology sector.

Citizens announced today that it is leading a $600 million senior secured credit facility for Rochester, N.Y.-based Monro, Inc. Founded in 1957, Monro, Inc. provides a wide range of automotive undercar repair and tire services in the United States. The company operates more than 1,300 stores and 80 franchised locations, in 32 states, serving the Mid-Atlantic and New England regions and portions of the Great Lakes, Midwest and Southeast.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Bellpark Horticulture (“Bellpark”) by AdeptAg, an existing portfolio company of LLR Partners.