Hilco Performance Solutions (HPS) is pleased to announce the addition of Rob Wilson to the advisory solutions team. Mr. Wilson will serve as a Senior Director at Hilco Performance Solutions in the metropolitan Detroit area, based in Madison Heights, MI. Mr. Wilson will be reporting directly to Steve Tanzi, President-Hilco Performance Solutions and Hilco Commercial Industrial, and will leverage his considerable experience to help Hilco Global continue to grow their client advisory services for both Hilco Performance Solutions and Getzler Henrich in addition to supporting Hilco Commercial Industrial in this key midwestern market.

The market-leading Demica Platform, used by the world’s leading trade banks and corporates to power their supply chain finance programmes, has reached a milestone $20bn in funded programmes outstanding. Defined as the aggregate level of committed facilities or assets outstanding this represents well over $130bn of funded volume globally across its customers’ payables and receivables facilities.

CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, Florida, and Alexandria, Louisiana. In Naples, Florida, CIT provided $49.2 million toward the acquisition of a three-story surgical hospital and specialty care facility acquired by subsidiaries of IRA Capital. The Naples property is 86,287 RSF and leased to Naples Community Hospital and Physicians Regional Medical Center.

Today, Fast Pay Partners, a wholly owned subsidiary of SLR Business Credit, is pleased to announce an increase and maturity extension with The Arena Group of their credit facility to $25,000,000. The Arena Group, who owns the exclusive online publishing rights to Sports Illustrated, The Spun, TheStreet.com among others, has been a Fast Pay client since February 2020.

Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) announced today that its wholly owned subsidiary, Peoples Bank, has entered into a definitive agreement to acquire Vantage Financial, LLC ("Vantage"), a nationwide provider of equipment financing headquartered in Excelsior, Minnesota. Under the terms of the agreement, Peoples Bank will purchase 100% of the equity of Vantage for total cash consideration of $54 million.

TerraNova Capital Structured Finance, the credit advisory and specialty finance group of TerraNova Capital Equities, Inc., announces the closing of a $57 Million Term Loan for ATSG, Inc., a RunTide Capital Portfolio Company. TerraNova Structured Finance acted as sole placement agent for this facility. In addition to the refinancing of ATSG's existing debt facility, the funds were used in the acquisition of a leading technology platform and managed services provider by ATSG

Old National Bancorp and First Midwest Bancorp, Inc. jointly announced today they have completed their all-stock merger of equals, announced on June 1, 2021. The combined company creates the sixth largest commercial bank headquartered in the Midwest based on assets, with more than $46 billion of combined assets, $34 billion of assets under management, strong commercial banking capabilities, a robust retail footprint and a significant wealth platform

Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that funds managed by its Alternative Credit strategy and Real Estate Group have acquired Capital Automotive LLC (“CARS”) from a Brookfield private real estate fund for $3.8 billion. This latest transaction highlights Ares’ increased focus on serving sponsors and companies in need of flexible net lease solutions.

Private equity real estate investment firm Viking Partners has closed on Fund V, its fifth value-add real estate fund, at $130 million, exceeding its goal of $125 million in only five months, announced firm founder and Principal Bret Caller.

Tiger Group is now accepting offers at SoldTiger.com on a massive array of Seven7h Sense and Green Lily CBD, cosmetics and beauty products. The closeout inventory—worth more than $6 million at retail—is surplus to the operations of a major North American distributor.

Sallyport Commercial Finance is delighted to announce funding of $5 million for a specialist hair care importer and distributor. This growing brand originated in the UK with a line of products dedicated to vegan and cruelty-free hair care and is continuing to realize their ambition of expansion into North America with a $5 million facility made up of accounts receivable and purchase order financing.

Amerisource Business Capital announced the closing and funding of a $5,000,000 senior credit facility for a Colorado-based commercial asphalt, concrete and infrastructure services firm. The proceeds were used to support the company’s growth.

Global law firm White & Case LLP has advised Goldman Sachs, Golub Capital and Berenberg, as term and revolving credit lenders, on the acquisition, capex and working capital financing to Baduhenna Holdco to support its acquisition of BBI Group. Lazard acted as financial adviser to Novo Holdings.

CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects. The borrower, Arches Solar LLC, a subsidiary of CleanCapital, owns a portfolio of distributed generation solar projects being developed in Howard County, Maryland. Electricity generated by the projects is fully contracted under a master purchase power agreement—the largest such agreement signed to date in the state.

Eneti Inc. (NYSE:NETI) (the “Company”) announced today that it has received commitments from DNB Capital LLC, Societe Generale, Citibank N.A., Credit Agricole Corporate and Investment Bank and Credit Industriel et Commercial for a five-year credit facility of $175 million (the “Credit Facility”).

McGuireWoods, one of the world’s pre-eminent banking and finance law firms, delivered another powerhouse performance for clients in 2021, ranking No. 2 worldwide for advising lenders in syndicated loans, according to authoritative league tables published by Refinitiv.

PlayAGS, Incorporated (NYSE: AGS) ("AGS" or the "Company") today announced it has successfully completed the refinancing of its total debt outstanding through the issuance of (i) a senior secured first lien term loan in an aggregate principal amount of $575.0 million due 2029 (the "New Term Loan Facility"), the proceeds of which, together with cash on hand, were used to repay all amounts outstanding under the Company's existing term loan facilities and to pay related fees and expenses, and (ii) a $40.0 million senior secured first lien revolving facility due 2027 (the "New Revolving Credit Facility"), which was undrawn at close.

Hilco Enterprise Valuation Services is excited to announce the addition of Anthony (Tony) Tabb to the Hilco Global team. Mr. Tabb will serve as Managing Director in the recently launched Disputes and Investigations practice of Hilco Enterprise Valuation Services.

SLR Business Credit provided a $1 million accounts receivable credit facility. The funds were used to pay off the previous lender and provide additional ongoing working capital for the company.

Access Capital is pleased to share news of its latest transaction with Logical Maintenance Solutions (“LMS”) and its holding company, Ovation LMS LLC (“Ovation”). LMS is based in Irvine, California and provides service solutions for multi-vendor IT computer equipment and peripherals for customers in the federal, commercial, industrial, and retail industries.