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  • Tradewind Finance Delivers Credit Facility to Packaging Manufacturer in the UAE
    January 15, 2020
    Tradewind Finance has completed a $1 million non-recourse factoring facility for a packaging manufacturer in the UAE that primarily sells to domestic big names. The company, who produces cardboard boxes and packing tape, is allocating the funding to purchase raw materials for new orders.
  • Oxford Finance Provides $87.5 Million Credit Facility to Tarrytown Expocare
    January 14, 2020
    Oxford is the sole lead arranger and administrative agent in this transaction with Sheridan Capital Partners as the lead equity investor in Tarrytown.
  • Sundance Energy Inc. Announces Increase in Borrowing Base to $210 Million
    January 14, 2020
    Sundance Energy Inc. (NASDAQ: SNDE) (“Sundance” or the “Company”) today announced that the Company’s bank group has completed its scheduled fall borrowing base redetermination under the Company’s senior secured revolving credit facility, resulting in unanimous approval for a borrowing base increase to $210 million with an elected commitment of $190 million presently available, and an increase in the facility’s maximum credit amount to $500 million. The Company also announced TD Securities as the new administrative agent under the revolving credit facility.
  • Fusion Successfully Completes Financial Restructuring
    January 14, 2020
    Fusion, a leading provider of integrated technology solutions, today announced that the Company, along with each of its U.S. subsidiaries, has emerged from Chapter 11 bankruptcy protection, successfully completing its financial restructuring process and implementing its plan of reorganization (the "Plan"), which was confirmed by the U.S. Bankruptcy Court for the Southern District of New York on December 17, 2019.
  • NioCorp Expands Existing Non-Revolving Credit Facility with Executive Chairman Mark Smith to $2.5 Million
    January 14, 2020
    NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB;OTCQX: NIOBF) is pleased to announce that it has expanded its existing non-revolving credit facility between the Company and its Executive Chairman, Mark Smith, to US$2.5 million from the previous limit of US$2 million.
  • King Trade Capital Provides $2.4 Million Contract Finance Facility for Florida Based Government Contractor
    January 14, 2020
    King Trade Capital is pleased to announce the completion of a $2.4MM purchase-order finance facility for a Florida-based, minority-owned government contractor (the “Client”). A financial consultant, who had previously utilized KTC to finance another government contractor, contacted King Trade Capital to help its current client acquire the capital necessary to fulfill its growing contracts with FEMA.
  • InterNex Capital Announces Recently Completed Transactions
    January 14, 2020
    InterNex Capital announced recently completed transactions powered by Velocity, InterNex’s underwriting and business analytics platform.
  • Gibraltar Provides Responsive Seasonal Solution for Heating Oil Company
    January 14, 2020
    Gibraltar ended its most successful year ever on a strong note, closing a $10 million credit facility for a New York-based heating oil distributor on December 23.
  • Stonebriar Commercial Finance Names Alex Palazzolo Managing Director of Originations
    January 14, 2020
    Stonebriar Commercial Finance announced that Alex Palazzolo has joined the company as Managing Director of Originations. Based in Plano, Texas, Alex will leverage existing and develop new relationships to source fixed asset secured loan and lease opportunities.
  • Business Capital Delivers $5.5 Million Financing for Wedderspoon
    January 13, 2020
    Business Capital structured and delivered a $5.5MM working capital facility for Wedderspoon, the largest seller of Manuka honey and its portfolio of branded products in North America. Sourced almost solely from New Zealand, Manuka is a rare and supercharged version of traditional honey with medicinal and nutritional properties. Coastline Capital, Wedderspoon’s private equity sponsor, brought in Business Capital to arrange financing for its rapidly growing portfolio company.
  • AlixPartners Announces Managing Director Promotions
    January 13, 2020
    Simon Freakley, Chief Executive Officer of AlixPartners, said, "I congratulate our newly promoted Managing Directors on their new leadership roles. These exceptional individuals exemplify AlixPartners’ core values while delivering high impact results for our clients by guiding them through times of unprecedented disruption. I wish them every success in the next phase of their careers at AlixPartners."
  • Capital Southwest Supports Cotton Creek Capital’s Acquisition of Landpoint
    January 13, 2020
    Capital Southwest Corporation (“Capital Southwest”) (CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that it supported Cotton Creek Capital’s (“Cotton Creek”) recent acquisition of Landpoint, LLC and all of the Company’s subsidiaries, which include King Surveyors, LLC and West Company of Midland, LLC (collectively “Landpoint”) with a senior secured first lien term loan. Capital Southwest led the financing and will act as the sole administrative agent on the credit facility.
  • LongueVue Capital Adds Experienced Healthcare Operating Partners to Support New & Existing Investments
    January 13, 2020
    LongueVue Capital Partners ("LVC"), a partnership-driven, operator-centric private equity firm based in New Orleans with approximately $500 million of assets under management, announced today that Geoff Glass and Pete Allen have joined the firm as healthcare Operating Partners. Geoff, a seasoned pharma services executive, will focus on the life science space.
  • Sidley Adds M&A and Private Equity Partner Parthiv Rishi in Singapore
    January 13, 2020
    Sidley Austin LLP is pleased to announce that Parthiv Rishi has joined the firm in Singapore as a partner in its global M&A and Private Equity practice. Mr. Rishi was previously a partner at Linklaters LLP, where he led the firm’s financial sponsor and private equity practice in Southeast Asia.
  • Stubbs Alderton & Markiles, LLP Names Kelly Siobhan Laffey as Senior Counsel
    January 13, 2020
    Stubbs Alderton & Markiles, LLP, Southern California's leading business law firm, proudly announces that it has promoted Kelly Siobhan Laffey, formerly Associate, to Senior Counsel in the firm's corporate practice.
  • XMS Promotions Recognize Outstanding Performance and Contributions
    January 13, 2020
    XMS Capital Partners, LLC (“XMS”), a global, independent financial services firm focused on providing investment banking, asset management and merchant banking services to clients, is pleased to announce the promotions of Brian Brownschidle, Roger Gill and David Lloyd to Managing Director. In addition, Matt Gilbert, Patrick O’Hara and Adam Sullivan have been promoted to Vice President. All six promotions reflect outstanding performance and contributions to executing XMS’s core mission of delivering objective, value-added advice and custom-tailored solutions to help clients achieve their strategic goals.
  • Nuveen Combines its Private Equity and Junior Capital Group with Churchill Asset Management to Create a $21 Billion Private Capital Platform
    January 13, 2020
    Nuveen, a leading global investment manager, is bringing its private equity and junior capital group together with Churchill Asset Management, its award-winning middle-market senior loan and unitranche financing business, to create a direct access platform with over $21 billion in committed capital.
  • XMS Capital Partners Announces Promotions
    January 13, 2020
    XMS Capital Partners, LLC (“XMS”), a global, independent financial services firm focused on providing investment banking, asset management and merchant banking services to clients, is pleased to announce the promotions of Brian Brownschidle, Roger Gill and David Lloyd to Managing Director. In addition, Matt Gilbert, Patrick O’Hara and Adam Sullivan have been promoted to Vice President. All six promotions reflect outstanding performance and contributions to executing XMS’s core mission of delivering objective, value-added advice and custom-tailored solutions to help clients achieve their strategic goals.
  • Easy Ice, LLC has been Acquired by Freeman Spogli & Co. and Management
    January 13, 2020
    Freeman Spogli's legal counsel was Morgan, Lewis and Bockius LLP. Easy Ice was advised by FocalPoint Securities, LLC and its legal counsel was Queen, Saenz + Schutz PLLC. Varagon Capital Partners and Madison Capital provided the debt financing to support the acquisition.
  • TAB Bank Provides Commercial Finance Company in Texas with a $4 Million Rediscount Credit Facility
    January 13, 2020
    TAB Bank is pleased to announce it has provided a $4 million rediscount credit facility for a commercial finance company located in Texas. The company is an entrepreneurial factoring and ABL shop that focuses on construction working capital finance.