Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, announced today that Andrew Valko has joined Heritage Global Valuations (“HGV”) as Director of Sales, where he will be responsible for overseeing all new business development and sales initiatives across the Midwest.

Leading global professional services firm Alvarez & Marsal (A&M) has extended its Travel, Hospitality and Leisure sector expertise by appointing Chicago-based Sooho Choi as Managing Director within the firm’s Corporate Performance Improvement (CPI) practice. Mr. Choi’s hire demonstrates A&M’s commitment to helping the industry drive change and maximize value against a challenging, volatile backdrop.

MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in alternative credit investments and middle-market private equity, announced today senior-level promotions in its credit business, including Robert (Tripp) Sullivan to the firm’s Investment Committee, Michael Levitin to Portfolio Manager, and Carol Chung, Adam Goldberg and Opal Leung to Principal.

An expert in guiding the growth and transformation of a variety of consumer-facing companies, Bernardo brings to his position 27 years of experience and deep expertise in strategy development and execution, mergers & acquisitions, and operations improvement.

Brightwood Capital Advisors ("Brightwood"), a leading private credit firm focused on providing capital to growing North American middle market businesses, today announced it has completed another very strong investment year in 2021, one of its most active investment periods in the firm's 12-year history. Brightwood deployed more than $2 billion of capital to more than 50 new and existing borrowers during this past year.

BNP Paribas, Coöperatieve Rabobank U.A., New York Branch MUFG Bank, Ltd., Société Générale, ING Capital LLC and Wells Fargo Bank, N.A. are Joint Lead Arrangers and Joint Bookrunners of the facility. CoBank, ACB, Industrial and Commercial Bank of China Limited, New York Branch, Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corporation are Senior Managing Agents. A total of 16 lenders are participating in the facility, of which 3 are new lenders.

CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc. (NASDAQ: CFB), announced today that it will expand its restaurant finance group that will focus on building trusted relationships with established and high-growth restaurant chains. The Bank hired Bobby Oliver to lead the restaurant finance group as Executive Director, Restaurant Finance Group.

WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS”) has completed the brand conversion and systems integration of Bryn Mawr Trust into its primary subsidiary, WSFS Bank. All Bryn Mawr Trust banking accounts have successfully converted to WSFS Bank accounts. All legacy Bryn Mawr Trust Clients, now WSFS Bank Customers, have full access to WSFS Bank products and services, including 94 Retail banking offices and more than 600 ATMs across the Greater Philadelphia and Delaware region.

ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it has renegotiated its lines of credit for its Telco and Wireless business segments, increasing total borrowing capacity and better positioning the Company for anticipated and accelerating growth for both 5G and Telco.

Big Shoulders Capital and Iroquois Industrial Group have formed a partnership to acquire the assets of Benda Manufacturing, a leader in conveyor and product handling systems for the food industry and other industries requiring integrated production line conveyors. The acquisition of the assets of the 30-year-old Tinley Park, Illinois-based manufacturer closed on February 15, 2022 and a new company, Benda Conveyor Solutions, LLC, has been formed resulting in the creation of new jobs as operations are restructured.

LSQ, a leading provider of working capital finance and payments solutions, announces the successful completion of their System and Organizational Controls (SOC) 2® Type 2 third-party attestation for their LSQ FastTrack® platform.

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 Biomechanical Research & Testing, LLC (“BRT”) by Aperture, LLC (“Aperture”), a portfolio company of Trinity Hunt Partners.

SLR Healthcare ABL is pleased to announce it has provided a $3 million in asset-based revolving line of credit to a skilled nursing operator in March 2022.

DCP Midstream, LP (NYSE: DCP) announced the amendment and renewal of its $1.4 billion revolving credit facility, which now includes sustainability-linked pricing metrics. The interest and fees paid on the credit facility are linked to two sustainability metrics, DCP’s progress toward reaching its target to reduce greenhouse gas (GHG) emissions, as published in its 2021 Sustainability Report, and outperforming midstream industry peers in safety performance.

Comvest Credit Partners (“Comvest”), a leading provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a $40 million senior secured credit facility (the “Financing”) to Horsepower Financial, LLC (“Horsepower”), and its affiliates. Horsepower, a Lebanon, Ohio-based provider of consumer motorcycle leasing services, will use the Financing to fund working capital needs and business growth initiatives.

Iron Mountain (NYSE: IRM), a global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services, has completed, effective March 18, 2022, its amended and restated credit agreement with certain lenders; JPMorgan Chase Bank, N.A., as administrative agent, and JPMorgan Chase Bank, N.A., Toronto Branch, as Canadian administrative agent.

Monroe Capital LLC (“Monroe”) today announced the closing of a $457 million term debt securitization known as Monroe Capital MML CLO XIII, LTD. The term financing was Monroe’s eighth new issue CLO completed since 2018 and is secured by a portfolio of middle market senior secured loans.

Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce several promotions, as well as welcome new team members.

JPMorgan Chase & Co has named Wells Fargo senior executive David Miree as the global head of diversity, equity and inclusion, according to an internal memo seen by Reuters on Monday. Miree’s appointment is among a slew of organizational changes at the major Wall Street bank. An industry veteran with three decades’ experience, Miree served as the head of consumer and small business diverse customer segments at Wells Fargo.

The experienced Junior Debt Lending and Advisory team is led by industry veteran Charlie Sheridan. Sheridan, who recently joined the bank as managing director and group head, brings more than 20 years of industry experience to CIBC. Previously, he served as executive director of the Financial Sponsors Group at J.P. Morgan.