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Stonegate Capital Announces Senior Debt Investment in Van Leeuwen Ice Cream
Stonegate Capital, a division of SG Credit Partners (“SGCP”), a family-office backed lender providing capital to lower middle market businesses and entrepreneurs, is pleased to announce the closing of a senior debt investment in Van Leeuwen Ice Cream, a leading brand of premium ice cream products in the U.S.
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Putting Capital to Work - Far West Capital Customer: Drink Daily Greens
Meet an entrepreneur trying to make the world a “greener” place.
At 33 years old, Shauna was diagnosed with breast cancer - a head-spinning diagnosis for anyone, but especially a new mother at 33 who considered herself fairly healthy. Then came the draining, life-sapping chemo that would save her life, but leave her feeling weak and malnourished
TSL Express Daily Headlines & News
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Assembled Brands Announces an Increased Facility with its Longtime Partners at Linksoul
July 21, 2022Assembled Brands announced it has increased its facility with its longtime partners at Linksoul, a premium golf brand that specializes in high-quality sports gear and apparel. Co-founded by John Ashworth and run by an experienced team, Linksoul consists of a group of people that have been in men’s lifestyle clothing industries (golf and surfing) for decades. The brand offers golf apparel and gear with a strong focus on a healthy balance of work and leisure, family/community, and nature.
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Gridiron Capital Bolsters Centers of Excellence with the Addition of Alison Watts
July 21, 2022Gridiron Capital, LLC, an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Alison Watts has joined as Gridiron’s latest Operating Partner. Alison has extensive experience as a finance executive and CFO with more than 20 years of experience in financial management and strategy. Alison will be a great resource as Gridiron continues to build expertise within its Centers of Excellence.
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White Oak Acts as Lead Arranger in $130 Million Term Loan to Support Balmoral Funds’ Take-Private Acquisition of Trecora Resources
July 21, 2022White Oak Global Advisors LLC (“White Oak”) announced today it acted as the lead arranger for a $130 million senior secured term loan to Trecora Resources ("Trecora"), a Texas-based provider of petrochemicals, petrochemical manufacturing products and specialty waxes. Proceeds from the loan were used to consummate a take-private transaction by Balmoral Funds (”Balmoral”). Balmoral is a $1.5 billion AUM private equity firm managing committed funds, based in Los Angeles, CA.
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BMO to Acquire Calgary-based Radicle Group Inc., a Leader in Environmental Services
July 21, 2022BMO Financial Group (NYSE: BMO) (TSX: BMO) today announced that it has entered into a definitive agreement to acquire Radicle Group Inc., a Calgary-based leader in sustainability advisory services and solutions, and technology-driven emissions measurement and management.
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Latham & Watkins Represents Paddock Enterprises, LLC In Successful Emergence From Chapter 11
July 21, 2022Multidisciplinary team advised on the debtor’s Chapter 11 case and consensual section 524(g) plan of reorganization that provides for cash and other consideration totaling US$610 million funded to an Asbestos Trust to resolve legacy liabilities.
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Hansa Biopharma Announces $70 Million Non-dilutive Product Finance Transaction With NovaQuest to Support Continued Development of the Company's Antibody-cleaving Enzyme Technology Platform
July 21, 2022Hansa Biopharma AB, (Hansa), (Nasdaq Stockholm: HNSA), a pioneer in enzyme technology for rare immunological conditions, today announces that the Company has entered into an agreement with U.S.-based NovaQuest Capital Management, securing $70 million in non-dilutive financing.
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Monroe Capital Hires Matthew Rosenberg to Head Media Vertical
July 21, 2022Monroe Capital LLC (“Monroe”) today announced Matt Rosenberg has joined the firm as Managing Director, Head of Media Finance. Matt will be responsible for originating new investments across the capital structure for acquisition, growth financing and recapitalizations for the media and entertainment industry, which includes film, television, music, talent representation, digital media, and intellectual property.
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M&A Investors Need to Optimize the Real Estate of Companies They Buy and Sell, Advise A&G Co-Presidents
July 20, 2022M&A investors can achieve higher returns by being more strategic about the real estate of the companies they buy and sell, advise the co-presidents of A&G Real Estate Partners in the July/August issue of Mergers & Acquisitions.
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SeaSpine Announces Three-Year Extension and Expansion of $30 Million Credit Facility
July 20, 2022SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today that it has amended its credit facility with Wells Fargo Bank, N.A. The amendment extends the maturity date of the credit facility by three years from July 27, 2022 to July 27, 2025.
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Cambridge Savings Bank Assists The Michaels Organization’s Expansion in the Greater Boston Area with $61.7 Million Construction Loan
July 20, 2022Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced it has provided a $61.7 million construction loan to The Michaels Organization (Michaels), a national leader in residential real estate with more than 175,000 residents across 37 states, the District of Columbia and the U.S. Virgin Islands.
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Access Capital Provides a $1.5 Million Credit Facility to Strategio
July 20, 2022Access Capital announced it has provided a $1.5 million credit facility to Strategio Inc. (“Strategio”). The new borrower is a Miami-based startup formed with a mission to increase diversity, equity, and inclusion within Enterprise IT. Strategio’s program includes sourcing under represented and underserved technology talent from STEM backgrounds and offering paid training.
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B. Riley Principal 150 Merger Corp. Completes Business Combination with FaZe Clan, a Leading Gaming, Lifestyle and Media Brand
July 20, 2022FaZe Clan Inc. (“FaZe Clan”), the interactive lifestyle and media brand rooted in gaming and youth culture, today announced that on July 19, 2022 it completed its business combination (the “Business Combination”) with B. Riley Principal 150 Merger Corp. (Nasdaq: BRPM) ("BRPM"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY).
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Commercial Funding Inc. Launches Accounts Receivable Finance YouTube Channel
July 20, 2022Commercial Funding Inc., a national provider of accounts receivable financing, including invoice factoring, and asset based lending, has launched a YouTube channel and published their first educational video. The animated video, titled “CFI Explains Invoice Factoring”, provides a one-minute overview of the invoice factoring process and explains how invoice factoring improves cash flow.
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M&T Bank Expands Commercial Real Estate Lending Capabilities With Creation of Innovation Office and Hiring of Key New Executives
July 20, 2022M&T has launched its new Commercial Real Estate Innovation Office, an integrated team focused on building comprehensive solutions for commercial real estate (CRE) clients. The CRE Innovation Office aims to creatively connect financial products to clients' needs, including various types of CRE lending, debt capital markets, and Agency & Insurance company placements.
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Oaktree Completes Acquisition of Majority Interest in 17Capital
July 20, 2022Oaktree and 17Capital are pleased to announce the completion of Oaktree’s acquisition of a majority interest in 17Capital, as previously announced on March 9, 2022. 17Capital specializes in providing non-dilutive capital to high-quality private equity management companies, funds and institutional investors that are seeking to finance value creation and portfolio management initiatives.
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Wheaton Precious Metals Signs US$2 Billion Sustainability-Linked Revolving Credit Facility
July 20, 2022The Bank of Nova Scotia and Bank of Montreal acted as Joint Bookrunners and Co-Lead Arrangers of the revolving credit facility. Bank of Montreal and Royal Bank of Canada acted as Co-Lead Sustainability Structuring Agents and Coordinators, and The Bank of Nova Scotia and Canadian Imperial Bank of Commerce acted as Co-Sustainability Agents. Bank of America, The Toronto-Dominion Bank and Export Development Canada acted as lenders.
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Soundcore Expands Senior Leadership Team
July 20, 2022Soundcore Capital Partners, LP ("Soundcore"), a New York based private equity firm, is pleased to announce that Jonathan Tanenbaum has joined the firm as a Partner on its Investment Team.
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FirstBank Announces Multiple Leadership Appointments
July 20, 2022FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced several leadership changes: Matt Cornwell, who previously served as President of the Northwest Market which includes Arvada and Wheat Ridge, was officially named President of the downtown Denver Market. Matthew Doyle, who previously served as President of Loan Review, is now President of Investments.
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Ruben Roy Joins Stifel as Managing Director and Equity Research Analyst Covering Applied Technology Sector
July 20, 2022Stifel Financial Corp. (NYSE: SF) today announced the hiring of Ruben Roy as a Managing Director and Equity Research Analyst covering the Applied Technology sector. He is based in the firm’s New York office.
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Paul Hastings Adds Band One Finance Team
July 20, 2022Paul Hastings LLP, a global law firm advising the world's leading financial institutions, asset managers and Fortune 500 corporations, announced today that one of the most elite Finance teams in the industry has joined the firm in London from Latham & Watkins. Mo Nurmohamed, Ross Anderson, Karan Chopra and Rob Davidson have all joined the firm as partners in Paul Hastings' prestigious Global Finance practice.
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