TSL Express Daily Articles & News

To submit company news and press releases to
TSL Express, email tslexpress@sfnet.com.

Today's Top Story



TSL Express Trending Story

TSL Express Daily Headlines & News

  • Gordon Brothers Launches Sale of Automotive Seat Manufacturing Assets
    August 3, 2021
    Gordon Brothers, the global advisory, restructuring and investment firm, has been appointed as sole asset selling agent for car seat manufacturer, TS Tech UK Ltd (TS Tech), in Swindon. This specialised sale presents the opportunity to acquire state-of-the-art automotive seat manufacturing equipment. Gordon Brothers is offering the assets for sale by way of private treaty sale and an online auction sale in October 2021.
  • Gerber Finance Provides $5MM Line of Credit to French Transit
    August 3, 2021
    Gerber Finance, an eCapital company and leading finance partner for companies experiencing accelerated growth, today announced the closing of a $5MM line of credit to French Transit, parent company of MyChelle Dermaceuticals, Crystal Deodorant, and Luster Premium White.
  • Winston & Strawn Represents Wells Fargo Bank, National Association
    August 3, 2021
    Winston & Strawn represented Wells Fargo Bank, National Association, as Administrative Agent, in connection with an $800,000,000 revolving credit facility for Owens Corning to refinance its existing revolving credit facility.
  • FocalPoint Advises RGI on its Majority Recapitalization by Webster Equity Partners
    August 3, 2021
    Reproductive Gynecology & Infertility (“RGI” or the “Company”), a provider of infertility and gynecological services, has completed a majority recapitalization transaction with Webster Equity Partners (“Webster”). Founded in 1992 in Akron, Ohio, RGI is an industry-leading physician practice that provides a wide range of infertility and reproductive medicine services, including in vitro fertilization (“IVF”), egg freezing, genetic testing, and fertility surgery.
  • Alterna Capital Solutions Executive to Join Affiliate’s PE Fund Advisory Board
    August 3, 2021
    Alterna Capital Solutions (ACS), a specialty and alternative financier to high-growth small businesses, today announced that one of its executive team members, Greg Carpenter, will join the newly formed advisory board for a private equity fund from affiliate Alterna Equity Partners (AEP). In this advisory role, Carpenter will serve the fund by providing guidance on investment strategy, exploring new opportunities through an expanded network and sharing insights from his experience in alternative and institutional financing.
  • Greenbox Capital Acquires Level Up Funding
    August 3, 2021
    Greenbox Capital CEO, Jordan Fein, said, “We are thrilled to have Level Up Funding join our organization. Their founders and key staff are a wealth of industry knowledge. The acquisition will immediately impact growth and the unique selling proposition that we offer our clients. We’ll continue to make strategic moves to scale, which includes synergistic acquisitions to further distance ourselves from our competitors. Level Up is the first of many to come.”
  • Prospect Capital Funds $202 Million in Senior Secured Floating Rate Term Loans to Progrexion
    August 3, 2021
    Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has funded total commitments of $202 million, comprised of a $49 million first lien senior secured floating rate term loan and a $153 million second lien senior secured floating rate term loan to support the refinancing of PGX Holdings, Inc. (“Progrexion”) a portfolio company of H.I.G. Capital, LLC (“H.I.G.”).
  • TD Bank Names Hugh Allen as Regional President of Mid-South Metro
    August 3, 2021
    TD Bank, America's Most Convenient Bank®, announced today it has appointed Hugh W. Allen Regional President for its Mid-South Metro, which includes Virginia, Maryland, the District of Columbia, Delaware, North Carolina and South Carolina. In this role, he will provide strategic direction and sales leadership to TD Bank’s Mid-South consumer, small business, commercial and specialty banking operations and lending services. Allen, who will be based in Charlotte, will lead a team of approximately 4,400 regionally based employees and a network of nearly 130 stores.
  • Cantor Fitzgerald Income Trust, Inc. Secures Credit Facility up to $200 Million and Acquires Office Complex in Cupertino, CA
    August 3, 2021
    Cantor Fitzgerald Income Trust, Inc. (CFIT), an institutionally managed NAV REIT, announced that its wholly owned operating partnership secured a new $100 million revolving credit facility with an accordion feature up to $200 million. The credit line will be used for general corporate purposes and to fund new portfolio investments.
  • Hercules Capital Reaches $1.0 Billion Milestone in Annual Debt and Equity Commitments for the Fourth Consecutive Year
    August 3, 2021
    The Hercules team would like to sincerely thank its diversified group of innovative entrepreneurs and seasoned operating executives and their venture capital partners and financial sponsors for their continued support. Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has originated more than $1.0 billion year-to-date in annual total debt and equity commitments for the fourth consecutive year.
  • TAB Bank Provides Chemical Manufacturer in Texas with a $9 Million Asset-Based Credit Facility
    August 3, 2021
    TAB Bank is pleased to announce it has provided a chemical manufacturer in Texas with a $9 million asset-based credit facility comprised of a $6 million accounts receivable and inventory line plus a $2 million equipment loan with additional equipment funding available for future CapEx needs. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
  • EisnerAmper Announces Investment By TowerBrook Capital Partners
    August 3, 2021
    Deutsche Bank Securities Inc. acted as sole financial advisor to EisnerAmper and has provided committed debt financing in support of the transaction.
  • Alston & Bird Represents Sole Source Capital on the Acquisition Financing for I.D. Images
    August 3, 2021
    Alston & Bird client Sole Source Capital LLC, an industrial-focused private equity firm, has acquired I.D. Images, a premier provider of product identification solutions offering one of the most comprehensive selections of labels in the industry. Founded in 2016, Sole Source focuses on investments in fragmented, high-growth industrial subsectors.
  • SG Credit Provides $5.0 Million Senior Secured Cash Flow Term Loan
    August 3, 2021
    The company is a family-office backed provider of mental and behavioral health services catering to Medicaid patients.
  • Sterling's Capital Finance Division Welcomes David Maiuri
    August 3, 2021
    Sterling National Bank, the principal subsidiary of Sterling Bancorp (NYSE: STL), announced that David Maiuri has joined the bank’s Capital Finance division as Director, Commercial Services – Portfolio Management. He will report to James Bodie, Managing Director, Commercial Services at Sterling.
  • Accord Financial Provides a $1M Factoring Facility to a Spring Water Bottler and Distributor
    August 3, 2021
    Accord's newest client is a bottler and distributor of spring water with over two decades of experience in the industry.
  • Coface Singapore – First Insurer in Asia-Pacific to Join the LiquidX Digital Trade Credit Insurance Platform
    August 3, 2021
    LiquidX, the global fintech solutions provider for working capital, trade finance, and insurance, today announced that Coface Singapore Branch has joined its LiquidX 360 digital platform. The state-of-the-art tech platform offers enhanced operational efficiency and transparency for all participants in the trade credit insurance market, including carriers, brokers, and policyholders.
  • Winston & Strawn Represents Oppenheimer & Co.
    August 3, 2021
    Winston & Strawn represented Oppenheimer & Co. as sole underwriters counsel in connection with Williams Rowland Acquisition Corp. (the “Company”), a newly organized blank check company incorporated as a Delaware corporation and led by Co-Chief Executive Officers, David “Tiger” Williams and Jonathan Rowland, in its initial public offering of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of the common stock of the Company and one-half of one redeemable warrant.
  • Business Capital Delivers Financing for Deerfield Ranch Winery
    August 3, 2021
    BizCap® (Business Capital since 2002) structured and secured $10 Million in real estate financing for Deerfield Ranch Winery (DRW), an award-winning organic winery producing 15,000 cases annually. Family owned and operated since 1982, DRW is located in the heart of Sonoma Wine Country with a unique wine cave tasting room experience and production facility located on 47-acres with frontage on the scenic Sonoma Highway – one of the most traveled wine country roads in the world with some of the most well-known and sought-after wineries.
  • Cantor Fitzgerald Income Trust, Inc. Secures Credit Facility up to $200 Million and Acquires Office Complex in Cupertino, CA
    August 2, 2021
    Cantor Fitzgerald Income Trust, Inc. (CFIT), an institutionally managed NAV REIT, announced that its wholly owned operating partnership secured a new $100 million revolving credit facility with an accordion feature up to $200 million.
#3 -_ 1 (1)