Northstar Capital (“Northstar”), a provider of junior capital for middle market private equity transactions, is pleased to announce its investment in Consolidated Equipment Group, LLC (“CEG”), a portfolio company of Dominus Capital (“Dominus”). CEG, a Minnesota-based company, is the leading designer, manufacturer, and marketer of attachments for skid-steers loaders, mini skid-steers, compact tractors, utility terrain vehicles, all-terrain vehicles, and other light-construction equipment.

Eastern Bank is pleased to announce Metropolitan Cabinets & Countertops (Metropolitan) as a new commercial banking customer. Founded in 1984, Metropolitan is a family run business that provides custom cabinetry and countertops to residential and commercial customers across New England. Metropolitan has grown from a three-person company into a leader in the cabinet and countertop industry with a 150,000 square foot manufacturing facility and four showrooms in Greater Boston.

Pasadena Private Finance, LLC (“PPF”) is pleased to announce that it has closed on a $30,000,000 senior credit facility with East West Bank, the largest publicly traded bank headquartered in Southern California, with an expertise in lending to specialty finance companies.

Davis+Gilbert LLP is pleased to announce that Timothy M. Gladden has joined the firm as a partner in the Corporate Practice Group. Mr. Gladden’s practice focuses on mergers and acquisitions, venture capital and private equity investments and securities transactions. He has substantial experience structuring, negotiating, and managing M&A transactions (buy-side and sell-side) across multiple industries.

HYPERAMS, LLC announced two upcoming online auctions for automotive component manufacturers Dura Automotive Systems and Shiloh Industries will take place in September 2021. The Dura auction, a two-day online event on September 9-10th, is a complete manufacturing facility featuring six Minster presses, from 150 tons to 600 tons, major stamping and roll forming equipment, secondary equipment, and items from the maintenance and tool and die shop of the company’s Moberly, Missouri plant. HYPERAMS previously conducted the two highly successful auctions at Dura’s Milan, Tennessee plant.

Fintech startup Marco, kicks off the week with the acquisition of new clients in Mexico & Ecuador, adding to its growing roster of Latin American SME clients. An Ecuadorian fruit exporter and a Mexican logistics company have partnered with the young fintech in order to expand their international trade finance facilities.

Ocean Bank’s Factoring Division has provided a $2 million factoring facility to a leading Midwest wine distributor. “Our client has been in growth-mode with their sales growing exponentially and needed a financing partner to assist them with more working capital to fuel their growth,’ said Daniel Krasna, vice president and factoring business development officer.

CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a loan of about $43 million to finance the acquisition of a portfolio of medical office buildings in Florida and Arizona. The portfolio, acquired by Cypress West Partners, consists of 14 medical office buildings encompassing nearly 150,000 square feet of rentable space. Ten of the facilities are located in Arizona and four are in Florida.

Rothschild & Co today announced that Bob Berry has joined its Global Advisory business in North America as a Managing Director in the Financial Sponsors Group. Mr. Berry brings more than three decades of investment banking and sponsor coverage experience to Rothschild & Co, where he will help manage and grow the firm’s relationships with private equity clients. He will be based in Boston.

Celtic Bank, a Utah-based industrial bank, expands its commercial loan offerings to technology companies that are not well suited for traditional loan products given the nature of their business models.

Harri, an enterprise Employee Experience platform built for service driven industries, announced that it has received a significant round of growth financing from Golub Capital as part of a broader funding round totaling $30m. The financing will be used to capitalize on the strong momentum in the large enterprise market, accelerate growth into new verticals, and further amplify Harri’s position as the leader in verticalized human capital and workforce management technology space.

International law firm Dorsey & Whitney LLP announced today that Lanier Saperstein has rejoined the Firm as a Partner in its Securities & Financial Services Litigation Practice Group. Mr. Saperstein has precedent-setting experience representing international financial institutions and corporations in litigation and regulatory matters in the United States. He has been recognized by leading publications for his work in international banking.

In a September 14 live webcast auction, Machinery Network Auctions, Inc. and Tiger Group are offering machinery and equipment from the now-shuttered Jefferson plant of global automotive supplier Toledo Molding & Die, Inc. Bidding on the equipment is already underway on Bidspotter and will go live at 10 a.m. (ET) on September 14.

BHI, a full-service commercial bank, announced that it has received its own assigned S&P credit rating. BHI USA has been rated A/A-1 with a stable outlook, similar to the credit rating for Bank Hapoalim in Israel, one of the world’s largest financial institutions with $170 billion in assets.

DLL, global asset finance company for equipment and technology has appointed of two key members to the U.S. Commercial Finance sales team: Mike Mekus and Marjorie Roy. Both leaders will bring valuable tenure and experience to DLL’s expansion in the recreation product and leisure lifestyle market.

Winston & Strawn represented Empire Portfolio Group ("Empire"), a leading Area Developer and Franchisee of Orangetheory® Fitness, the heart-rate based interval training fitness franchise, in its acquisition of ten Orangetheory studios and the area development rights in Charlotte, including parts of North Carolina and South Carolina.

A California-based private label organic baby food manufacturing and co-packer needed a working capital line to increase volume in order to add additional product lines to their offering. They previously secured a credit facility based on real estate and machinery from their bank but a prospective AR lender that they were hoping to receive funding from backed out at the 11th hour.

Freeport Financial Partners, LLC (“Freeport”), a U.S. lower middle market direct lending manager, today announced the appointment of Stephanie Hartnett as Assistant Vice President, responsible for sourcing, structuring, and managing debt investments for the Freeport loan funds. Ms. Hartnett is based in Chicago.

VetCare Canada Inc. (“VetCare”) announced today that it has raised up to $175 million through a senior secured credit facility arranged by Northleaf Capital Partners (“Northleaf”). Northleaf acted as the sole lead arranger. This debt financing will support VetCare’s continued expansion across Canada to complement its existing network of practices in Alberta, British Columbia, Manitoba, Ontario and Quebec and to further strengthen its corporate and operational capabilities that support the Company’s practices and medical teams.

Mr. Peduzzi has over 34 years’ experience in banking and financial services, having most recently served as Senior Executive Vice President & Chief Financial Officer of a Pennsylvania community bank. During his five-year tenure, the bank grew from less than $1 billion in assets to over $3 billion, with 36 office locations throughout Pennsylvania. During this time, he has also served on the Board of Directors of the Pennsylvania Association of Community Bankers.