The law firm of Moritt Hock & Hamroff has announced that Matthew J. Simon has joined the firm as Counsel in the Real Estate Practice Group, resident in the New York City office.

When a Los Angeles-based consumer packaged goods distributor sought funding to underpin its initial growth for spring orders, the company selected Republic Business Credit. Republic approved a scalable, traditional factoring facility to support the accessory company’s expected growth, fulfill initial orders and provide cushion for summer demand.

CenExel Clinical Research, Inc. (“CenExel”) completed the acquisition of Apex Innovative Sciences ("Apex"), parent company of Collaborative Neuroscience Research ("CNS") and Hassman Research Institute ("HRI"), which will be renamed as “CenExel CNS” and “CenExel HRI”, respectively. Bison Capital, a growth-oriented private equity group, completed a minority investment in Apex in 2019. FocalPoint Partners ("FocalPoint") served as exclusive financial advisor to Apex on its initial capital raise and on the company's sale to CenExel.

Citizens M&A Advisory announced today that it served as the financial advisor to New State Capital on its acquisition of Patuxent Roofing and Contracting, an independent provider of re-roofing installation and services.

Gridiron Capital, LLC, an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Barry Dark has joined the team as an Operating Partner and CEO in Residence. As Gridiron’s newest Operating Partner, Barry’s extensive experience with tech-enabled business services companies will be a resource for partnership companies as we continue to develop and strengthen our Gridiron Centers of Excellence.

UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), is pleased to announce the execution of a definitive agreement to acquire the health savings account (HSA) business of Old National Bank, a wholly owned subsidiary of Old National Bancorp (Nasdaq: ONB).The transaction contemplates the transfer of approximately $500 million in client assets of which approximately $400 million are held in deposit accounts.

Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the release of its first-ever TCFD Climate Action Report alongside its annual sustainability report titled Accelerating Our Impact.

Rand Capital Corporation (Nasdaq: RAND) (“Rand” or the “Company”), a business development company providing alternative financing for lower middle market companies, announced the closing of a $25 million senior secured revolving credit facility. The funds are expected to be used for future portfolio investments. This new senior secured credit facility was provided by M&T Bank.

Bank of America, N.A. is the Administrative Agent and Bank of America, N.A., MUFG Bank Ltd., PNC Bank, N.A., TD Bank, N.A. and Wells Fargo Bank, N.A. served as joint lead arrangers and co-syndication agents in connection with the transaction. Bank of Montreal, Capital One, N.A., Fifth Third Bank, N.A., Mizuho Bank, Ltd, Regions Bank, The Bank of Nova Scotia and Citizens Bank, N.A served as co-documentation agents. Barclay’s Bank, PLC and Royal Bank of Canada served as co-managing agents.

Blank Rome associate Mallory M. Briggs was named a 40 Under 40 2022 award recipient by the Secured Finance Network ("SFNet"). Established in 2016, the SFNet's 40 Under 40 is an annual recognition that celebrates the "achievements of young professionals in the secured finance industry — movers and shakers who exemplify true excellence in their careers and who also contribute to their communities and the industry as a whole."

Producers Midstream II, LLC ("Producers Midstream" or the "Company"), a Dallas-based portfolio company of Tailwater Capital focused on providing a full suite of turnkey midstream solutions to producers across the U.S., today announced that it has secured a new syndicated credit facility led by Texas Capital Bancshares, Inc., Bank of Oklahoma and Cadence Bank. The credit facility will allow the Company to borrow up to an additional $200 million assuming certain conditions are met.

Rand Capital Corporation (Nasdaq: RAND) (“Rand” or the “Company”), a business development company providing alternative financing for lower middle market companies, announced the closing of a $25 million senior secured revolving credit facility. The funds are expected to be used for future portfolio investments. This new senior secured credit facility was provided by M&T Bank.

Deerpath Capital Management, LP, the $4.5 billion private credit manager and one of the largest providers of customized, cash-flow based senior debt financing to lower-middle market companies across North America, today announced the launch of its newest international office in London, England.

Bank of China Limited, London Branch, Coöperatieve Rabobank U.A., Crédit Agricole Corporate and Investment Bank, Credit Suisse (Switzerland) Ltd., Emirates NBD Bank (P.J.S.C.), London Branch, Industrial Commercial Bank of China Limited, London Branch, ING Bank N.V., Mizuho Bank, Ltd., Natixis, Société Générale, Sumitomo Mitsui Banking Corporation, UBS Switzerland AG and UniCredit Bank AG acted as Bookrunning Mandated Lead Arrangers. D.Z.

Iron Horse Credit (IHC), a leading stand-alone inventory lender, is proud to announce the addition of Kalli Perez to its team as portfolio manager. Kalli brings over 14 years of both account management and underwriting experience. In her role, Kalli will continue to service IHC’s new and long-lasting clients.

PlainsCapital Bank recently welcomed Philip Ugalde, Jasmine Sadeghpour, and Daniel Wheeler as senior vice presidents and senior commercial loan officers in its Houston market. Ugalde and Sadeghpour will serve clients from PlainsCapital’s office at 2925 Richmond Avenue, while Wheeler will be in The Woodlands office at 1699 Research Forest Drive.

Mazars is pleased to announce the release of the FY2021 edition of the Mazars in the US Quality Intelligence Report. The report offers industry-leading transparency for Mazars’ clients and other stakeholders into how it conducts business and the ways the company promotes and monitors quality across the firm.

J D Factors announces it has provided the following factoring facilities: $350,000 to a restoration company in British Columbia; $150,000 to a transportation company in California; $200,000 to a transportation company in Ohio; $200,000 to a transportation company in Alberta.

B. Riley Advisory Services has earned recognition as a top provider for litigation valuation and forensic accounting in the "Best Of 2022" survey conducted by the Daily Report (Law.com). B. Riley Advisory Services was voted first-place as the #1 "Top Litigation Valuation Firm" for 2022, and ranked #2 in multiple categories including "Forensic Accounting Firm" and "Overall Expert Witness Services." B. Riley's J. Michael Issa was also named #2 in the "Individual Expert Witness (Economic)" category.

As the U.S. economy faces decades-high inflation, soaring interest rates and continued supply chain and labor shortages, midsize business leaders across the country are increasingly cautious in their economic outlooks, according to JPMorgan Chase’s 2022 Business Leaders Outlook Pulse survey released today. More than 1,500 midsize business leaders participated in the survey fielded between May 25 and June 10, 2022.