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  • Stellus Capital Management, LLC Provides Unitranche Financing in Support of Aterian Investment Partners’ Acquisition of ATCO Industries, Inc.
    June 7, 2022
    -Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, announced today that its affiliates provided senior debt financing in support of Aterian Investment Partners’ (“Aterian”) acquisition of ATCO Industries, Inc. (“ATCO” or the “Company”). Founded in 1980 and headquartered in Sterling Heights, MI, ATCO is a leading provider of tech-enabled testing, measurement, and quality containment services, primarily to the North American automotive market.
  • American Homes 4 Rent and Värde Partners Enter Into $500 Million Land Banking Facility Agreement
    June 7, 2022
    American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, and Värde Partners, a leading global alternative investment firm, today announced that they have entered into a land banking facility agreement. This facility provides $500 million in initial capacity to acquire and develop new land opportunities as part of American Homes 4 Rent's internal development platform.
  • Houlihan Lokey Hires Howard Steinberg to Lead Its Global Tax Restructuring Practice
    June 7, 2022
    Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Howard Steinberg has joined the firm as a Managing Director and Global Head of Tax Restructuring within its Financial and Valuation Advisory business. He is based in New York.
  • Stifel Expands Municipal Securities Group
    June 7, 2022
    Stifel Financial Corp. (NYSE: SF) today announced several key hires within its Municipal Securities Group. John McShane, Edward Murray, Joseph Muscatello, and Michael Wolf join the firm’s top ranked Public Finance department as Managing Directors. Additionally, Rachel Perlman, Craig Burdulis, and Maryanne Kelly join the firm’s Municipal Capital Markets practice.
  • Victory Park Capital Bolsters Legal Finance Team with Additions of Chad Clamage and Ahmed Eltamami
    June 7, 2022
    Victory Park Capital (“VPC”), a leading global alternative investment firm, today announced the additions of Chad Clamage, Principal, and Ahmed Eltamami, Vice President, to the firm’s investment team. Clamage and Eltamami are primarily responsible for sourcing, analyzing, executing and managing investments within legal finance.
  • CIBC Innovation Banking Expands Denver Team, Adds to Management and Coverage Ranks
    June 7, 2022
    CIBC Innovation Banking is pleased to announce today that Ron Singh is joining the team as a Managing Director in CIBC Innovation Banking’s Denver office. With over 20 years of industry experience with business development, deal structuring, and team leadership, Ron brings his range of talents to CIBC Innovation Banking at an important juncture in the group’s continued evolution as it supports the growth ambitions of hundreds of existing and emerging startups in the area.
  • Bridge Investment Group Closes on $150 Million of Senior Notes and Refinanced Its Senior Secured Credit Facility
    June 6, 2022
    Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that it closed on $150 million of senior notes and refinanced its existing Senior Secured Credit Facility (“Credit Facility”), increasing it from $75 million to $125 million.
  • Archaea Obtains Binding Commitments from Five Financial Institutions for Incremental Term Loan and Revolving Credit Facility Capacity
    June 6, 2022
    Among the financial institutions making binding commitments, Comerica Bank (through its Renewable Energy Solutions group) will act as Administrative Agent. Comerica Bank, Citizens Bank, N.A., Bank of Montreal, Chicago Branch, and JPMorgan Chase Bank, N.A. will act as joint lead arrangers and joint bookrunners. Additionally, Citigroup Global Markets Inc. (“CGMI”), on behalf of CGMI, Citibank, N.A., Citicorp North America, Inc., and their affiliates will act as a co-syndication agent.
  • Edge Total Intelligence Inc. Enters into US$1,000,000 Credit Agreement
    June 6, 2022
    Edge Total Intelligence Inc. (TSXV: CTRL/ FSE:Q5i) (“edgeTI”, “We”, “Our” or the “Company”), a leader in real-time digital operations solutions, announces that edgeTI’s independent directors have approved a credit letter agreement (the “Credit Agreement”) with Lotus Domaine III, L.P. (“Lotus”, or “Lender”), an investment fund managed by a director of the Company.
  • Matrix Announces the Successful Sale Of Quarles Petroleum, Inc.’s Propane And Refined Fuels Distribution Business
    June 6, 2022
    Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces the successful closing on the sale of the propane and refined products distribution business of Quarles Petroleum, Inc. (“Quarles” or the “Company”) to Superior Plus Energy Services, Inc., a subsidiary of Superior Plus Corp. (“Superior”).
  • Wintrust Receivables Finance Closes $4,000,000 Line of Credit for a Fast-growing VC-backed Logistics Company
    June 6, 2022
    Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $4,000,000 account receivable line of credit for a Southwestern-based logistics company. The company was founded over two years ago by highly respected veterans of the freight tech industry, generating a modest amount of revenue while they developed their proprietary technology platform.
  • Simmons Bank Expands Metro Market Development Leadership
    June 6, 2022
    Simmons Bank announced today the expansion of the Business Development team across the organization with the promotions of Laura Condley, Tim Maiden, Dion Grey and the additions of Erica Preston and Ray Torrence, III. With the creation of the Metro Market Development group announced earlier this year, these key leadership roles oversee private client and business banking, deepen and develop customer relationships as well as provide collaborative financial solutions across all business channels.
  • Norton Rose Fulbright Adds West Coast Partner to its Industry-leading Projects and Renewable Energy Practice
    June 6, 2022
    Global law firm Norton Rose Fulbright today announced that renewable energy lawyer Elizabeth Sluder has joined its top-tier projects team as a partner in Los Angeles. Sluder focuses on project finance, mergers and acquisitions, private equity and general corporate matters.
  • Jeffrey Zinn Joins Vida Capital as Managing Director, Private Credit
    June 6, 2022
    Vida Capital, Inc. (“Vida”), a portfolio company of RedBird Capital Partners and Reverence Capital Partners, today announced that Jeffrey Zinn has joined the firm as Managing Director, Private Credit. Mr. Zinn will be based in New York and report to David Gussmann, Senior Managing Director, Private Credit.
  • May Total Commercial Chapter 11 Bankruptcy Filings Increased 34 Percent Over the Same Period Last Year
    June 6, 2022
    There were 330 commercial chapter 11 filings registered in May 2022, an increase of 34 percent from the 246 filings in May 2021, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Overall commercial filings decreased 4 percent in May 2022, as the 1,738 filings were down from the 1,813 commercial filings registered in May 2021.
  • Former JP Morgan Executive Erik Oken Joins MidOcean Partners
    June 6, 2022
    MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, announced today that Erik Oken, former Global Chairman of Investment Banking at JP Morgan, has joined the firm as Chairman of MidOcean’s private equity business.
  • Gatekeeper Announces $8M in TD Bank Working Capital Facilities to Enable Growth
    June 6, 2022
    The Company has entered a revolving credit facility (“Credit Facility”) with Toronto Dominion Bank pursuant to which the Company may draw up to CAD $6 million for working capital provisions. Interest on the Credit Facility is based on either the Canadian bank prime rate plus 0.85 percent or US bank base rate plus 0.75 percent.
  • MidCap Financial Closes Senior Secured Credit Facility and Preferred Equity to Bob’s Stores and Eastern Mountain Sports
    June 6, 2022
    MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $60,000,000 senior secured credit facility, comprising a $50,000,000 asset-based revolving line of credit and $10,000,000 term loan, as well as a $500,000 preferred equity co-investment to Bob’s Stores (“Bob’s”) and Eastern Mountain Sports (“EMS”).
  • Raymond James Completes Acquisition Of TriState Capital Holdings, Inc.
    June 6, 2022
    “The strategic and cultural fit between Raymond James and TriState has been continually reinforced as our teams have worked toward this point over the last few months,” said Raymond James Chair and CEO Paul Reilly. “Our collective focus on client-first values and a long-term horizon are unique and a true differentiator for our firms. I’m thrilled to officially welcome TriState Capital to the Raymond James family and look forward to continue growing together.”
  • Eric Jacobs Joins Ritchie Bros. as Chief Financial Officer
    June 6, 2022
    Ritchie Bros. Auctioneers (NYSE: RBA) and (TSX: RBA) ("Ritchie Bros." or the "Company"), a leading global asset management, disposition, and services company is pleased to announce that Eric Jacobs will be joining the Company as its Chief Financial Officer, effective June 6, 2022
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