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  • Fifth Third Business Capital Provides New $15 Million Senior Credit Facility for Percheron, LLC
    January 24, 2022
    Percheron LLC is the nation's leading energy related professional services company, offering specialized expertise in land, title, surveying, environmental, and engineering services. Its team of over 500 professionals can manage and execute electrical transmission, utility, oil and gas, wind, solar and rail projects of any size, coast-to-coast.
  • Northstar Capital Invests in LumiSource, LLC
    January 24, 2022
    Northstar Capital (“Northstar”), a provider of junior capital for middle market private equity transactions, is pleased to announce its investment in LumiSource, LLC (“LumiSource”), a portfolio company of CID Capital (“CID”). Founded in 1997, LumiSource is a leading full-service supplier in the home décor and furnishings industry, selling stylish and affordable products across living, dining, office, and lighting categories.
  • King & Spalding Hires Structured Finance Partner David Ridenour in Washington, D.C.
    January 24, 2022
    King & Spalding has added David Ridenour, a structured finance and securitization partner, to its Corporate, Finance and Investments (CFI) Practice Group in Washington, D.C. Ridenour represents issuers, borrowers, sellers, lenders, funds, purchasers and financial institutions in a variety of securitization and structured lending transactions.
  • Alleon Healthcare Capital Provides a $500,000 Medical AR Facility to Illinois Community Integrated Living Arrangement Provider
    January 24, 2022
    Alleon Healthcare Capital ("Alleon"), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $500,000 medical accounts receivable financing facility with a Community Integrated Living Arrangement (“CILA”) provider located in Illinois (“Company”).
  • A&G to Auction Portfolio of 12 Multi-Unit Residential Buildings in New Rochelle, NY
    January 24, 2022
    A&G Real Estate Partners is auctioning a portfolio of 12 multifamily buildings with a total of 30 units in New Rochelle—a rare opportunity given the tight supply of residential real estate in Westchester County. The sealed-bid deadline for the auction is February 23. A&G Realty Brokerage, LLC, is conducting the sale on behalf of a private seller.
  • Nabors Announces New Revolving Credit Facility
    January 24, 2022
    Nabors Industries Ltd. ("Nabors") (NYSE: NBR) closed, on January 21, 2022, a secured $350 million revolving credit facility maturing on January 21, 2026. The new credit facility replaces the Company's 2018 Revolving Credit Facility, which would have matured on October 11, 2023. Institutions participating in the credit facility are Citibank, N.A., Goldman Sachs Bank USA, HSBC Bank USA, N.A., Morgan Stanley Senior Funding, Inc. and Wells Fargo Bank, N.A.
  • Ellomay Capital Announces the Successful Closing of a €175 Million Facilities Agreement by Talasol Solar, Replacing Previous Financing in the Amount of €121 Million
    January 24, 2022
    Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) ("Ellomay" or the "Company"), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that Talasol Solar S.L. ("Talasol"), which owns a photovoltaic plant with installed capacity of 300MW in the municipality of Talaván, Cáceres, Spain and is 51% owned by the Company, achieved financial closing of the previously announced Facilities Agreement in the aggregate amount of €175 million provided by European institutional lenders.
  • Blue Ridge Bankshares and FVCBankcorp Mutually Agree to Terminate Merger Agreement
    January 24, 2022
    Blue Ridge Bankshares, Inc. (NYSEAM: BRBS) (“Blue Ridge”), the parent company of Blue Ridge Bank, National Association, and FVCBankcorp, Inc. (NASDAQ: FVCB) (“FVCB”), the parent company of FVCbank, jointly announced today a mutual agreement to terminate their merger agreement, previously announced on July 14, 2021, pursuant to which the companies had agreed to combine in an all-stock merger of equals transaction.
  • Citizens Annual Middle Market M&A Outlook Finds Continued Strength
    January 24, 2022
    Middle-market companies and private-equity firms foresee an extremely strong year for the M&A market in 2022, with bullish forecasts for both deal volumes and for company valuations, according to a Citizens survey of 400 leaders at U.S. middle market companies and private equity firms.
  • MidOcean Partners Bolsters CLO Business With Appointment of Jamil Nathoo as Managing Director
    January 24, 2022
    MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in alternative credit investments and middle-market private equity, announced today that Jamil Nathoo is joining the firm as a Managing Director of MidOcean Credit. In this role, he will be responsible for expanding MidOcean’s institutional relationships and CLO platform.
  • Winston & Strawn LLP Serves as Legal Advisor to the Placement Agents in Connection with Allwyn Entertainment
    January 24, 2022
    Winston & Strawn LLP is serving as legal advisor to the placement agents in connection with Allwyn Entertainment, (“Allwyn Entertainment” or “Allwyn” or the “Company”), a leading multinational lottery operator, business combination with Cohn Robbins Holdings Corp. (CRHC), a special-purpose acquisition company, resulting in Allwyn becoming a public company on the NYSE with an expected total enterprise value for Allwyn of approximately $9.3 billion.
  • BHI Provides $36 Million Construction Financing For 144 First Street in Jersey City
    January 24, 2022
    BHI, a full-service commercial bank, announced that its Commercial Real Estate Group has provided $36 million in construction financing to EPIRE for the development of 144 First Street, the firm’s new condominium development located in the Powerhouse Arts District of Jersey City, New Jersey.
  • Another Broken Egg Announces New Credit Facility With Comvest Credit Partners
    January 24, 2022
    Another Broken Egg ( “Company”), an Orlando-based operator and franchisor of southern-inspired daytime cafes owned by an affiliate of The Beekman Group, a leading private equity firm, announced that it has closed on a New Senior Secured Term Loan Facility provided by Comvest Credit Partners that was used to facilitate a Dividend Recapitalization of the Company, fund future corporate cafe growth and support accelerated franchisee system development and remodeling.
  • Huntington Business Credit Closes a new Credit Facility with Dakkota Integrated Systems, LLC
    January 24, 2022
    Huntington Business Credit announced it closed a new $150,000,000 credit facility with Dakkota Integrated Systems, LLC on December 13, 2021. Proceeds of the facility were used to refinance existing debt and to provide ongoing working capital growth financing.
  • Women's Fashion Retailer Escada America Files for Bankruptcy
    January 20, 2022
    Women's fashion retailer Escada America filed for Chapter 11 bankruptcy citing lingering ramifications of the pandemic and failed lease negotiations with some landlords. The retailer, which operates 10 stores in the U.S., is looking to close five locations through the bankruptcy process. In court papers, the company said it aims to reorganize in bankruptcy and repay creditors while avoiding "a senseless and unnecessary liquidation."
  • TAB Bank Provides Quality Assurance Service Provider in Texas with an $5 Million Asset-Based Credit Facility
    January 20, 2022
    TAB Bank is pleased to announce it has provided a quality assurance serve provider in Texas with an $5 million asset-based credit facility. TAB was introduced to the company through an established broker/consultant relationship because the company’s previous lender was not able to facilitate growth based on a large new contract.
  • Sierra Wireless Announces Debt Financing for CAD$60 million
    January 20, 2022
    Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW), a world leading IoT solutions provider, today announced that it has entered into a credit agreement for a new debt financing facility with CIBC Innovation Banking as administrative agent, and CIBC Innovation Banking and the Business Development Bank of Canada (BDC) as lenders.
  • Winston & Strawn Represents PreventionGenetics
    January 20, 2022
    Winston & Strawn represented PreventionGenetics, a CLIA-certified and CAP-accredited clinical DNA testing laboratory providing more than 5,000 predefined genetic tests for nearly all clinically relevant genes, additional custom panels, and comprehensive germline whole exome and whole genome sequencing tests, in its sale to Exact Sciences Corp. (NASDAQ: EXAS), a leading provider of cancer screening and diagnostic tests.
  • Lewis and Clark Capital Completes Five Acquisitions in 2021 to Enhance its Midwest Flow Control Solutions Company, Ovation Holdings
    January 20, 2022
    Ovation Holdings, owners of Allied Valve, Automation Service and Valve Sales Inc., has expanded its array of “brands you know and service you can trust” with the acquisitions of Power Specialties, Inc., PROMAC, Inc., and JMI Instrument Company. The three companies will be merged to form Allied Instrumentation, which will cover seven states in the Midwest, generate over $50 million, and will be led by CEO Barry Shoulders. With these additions, Ovation Holdings now has 15 locations, revenues of $150 million and employs more than 350 people.
  • Agility Provides Financing to Gento
    January 20, 2022
    Agility Capital, an innovative lending company, announces the recent financing of Gento, a rapidly growing, Los Angeles based provider of Home Healthcare Services. Agility partnered with Top Mark Capital Partners in this financing.
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