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  • Alignment Credit Provides Acquisition Financing to MindCare’s Acquisition of TriCounty Tele Behavioral Services
    July 20, 2021
    Alignment Credit, a leading provider of strategic credit solutions for emerging growth and middle-market companies, acted as the sole lead arranger and administrative agent on up to $20.0 million senior secured credit facilities for MindCare Solutions Group, Inc. (“MindCare”), in order to support MindCare’s acquisition of TriCounty Tele Behavioral Services, LLC (“TriCounty”) and other strategic initiatives.
  • H.I.G. WhiteHorse Closes Latest Direct Lending Fund at $1.65 Billion
    July 20, 2021
    H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $44 billion of equity capital under management, announced the closing of its latest direct lending strategy, H.I.G. WhiteHorse Direct Lending Fund - 2020 (the “Fund”). The Fund closed with aggregate capital commitments of approximately $1.65 billion,* well exceeding its target.
  • Skillsoft Successfully Completes Debt Refinancing to Support Growth
    July 20, 2021
    Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a global leader in corporate digital learning, today announced it has successfully completed its previously announced debt refinancing. The Company has closed a new $480 million senior secured term loan B facility. This facility, along with cash on hand, will be used to refinance and repay the Company’s existing term loan facilities, thereby reducing long-term debt by approximately $130 million.
  • IDS and Tamarack Ink Partnership to Drive Continued Momentum of IDScloud Adoption
    July 20, 2021
    IDS, a leading provider of mission-critical enterprise solutions for secured finance today announced it has signed a strategic partnership agreement with Tamarack Technologies, Inc., a leading provider of digital transformation services and solutions for equipment finance. The partnership will capitalize on the increasing demand for IDScloud and accelerate the migration of equipment finance firms to the leading end-to-end SaaS solution for equipment finance.
  • Entrepreneur Growth Capital Provides $5MM ABL
    July 20, 2021
    Entrepreneur Growth Capital (“EGC” or “Entrepreneur”) is pleased to announce that it has provided a $5,000,000 asset-based line of credit to a New York-based electronics manufacturer and distributor (the “Company”).
  • King Trade Capital Provides a $5 Million Import Finance Facility for Food Products Company
    July 20, 2021
    King Trade Capital (“KTC”) is pleased to welcome back a client from 12 years ago by providing a $5 million import finance facility with an accordion feature to expand to $10 million. The owner/founder of a very successful food products company reached out to King Trade Capital founder, Edward King, to discuss the happy yet surprising doubling of their sales in 2021.
  • Gateway Trade Funding Provides a Purchase Order Facility to an Outdoor Clothing Company
    July 20, 2021
    Gateway Trade Funding, a PO and Trade Financing company, is happy to announce that we recently funded a purchase order facility to an outdoor clothing company. Trew Gear, known for their snow bibs and stylish outdoor clothing, was growing their business and developing a deeper relationship with one of their main customers.
  • Winston & Strawn Represents the Placement Agents, Citigroup Global Markets Inc. and UBS Investment Bank in Connection with Gelesis, Inc.
    July 20, 2021
    Winston & Strawn represented the placement agents, Citigroup Global Markets Inc. and UBS Investment Bank in connection with Gelesis, Inc. (“Gelesis” or the “Company”), a biotherapeutics company advancing biomimetic superabsorbent hydrogels to treat excess weight and metabolic disorders, and Capstar Special Purpose Acquisition Corp. (NYSE: CPSR) (“Capstar”), a special purpose acquisition company sponsored by affiliates of Capstar Partners, LLC and certain private funds managed by PIMCO, business combination agreement.
  • JPMorgan Chase Survey: Business Leaders’ Optimism, Growth Expectations Soar Past Pre-Pandemic Levels
    July 19, 2021
    As much of the country reopens nearly a year and a half since the outbreak of the COVID-19 pandemic in the U.S., midsize business leaders’ optimism about their industries and companies hit record highs, according to JPMorgan Chase’s 2021 Business Leaders Outlook Pulse survey released today.
  • Libertas Secures $100 Million Warehouse Facility from Silicon Valley Bank
    July 19, 2021
    Libertas Funding, LLC (Libertas), a technology-enabled specialty finance company that provides funding solutions to small and medium-sized businesses (SMB), today announced that it has entered into a warehouse financing agreement of up to $100 million with Silicon Valley Bank (SVB), the bank of the world's most innovative companies and their investors.This agreement provides financing to be used for Libertas' origination of revenue-based funding to enable SMBs to achieve their growth objectives.
  • TAB Bank Provides Textile Company in California with an $8.5 Million Asset-Based Credit Facility
    July 19, 2021
    TAB Bank is pleased to announce it has provided a textile company in California with an $8.5 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 provide additional availability to meet the company’s rapidly increasing sales.
  • Winston & Strawn Represents Fathom Digital Manufacturing Corporation
    July 19, 2021
    Winston & Strawn represented Fathom Digital Manufacturing Corporation, an industry leader in on-demand digital manufacturing services, J.P. Morgan Securities LLC, and Stifel as joint placement agents and capital markets advisors in an announced business combination with Altimar Acquisition Corp. II (NYSE: ATMR)("Altimar"), a special purpose acquisition company sponsored by an affiliate of HPS Investment Partners, LLC. Upon completion of the transaction, the combined company expects to be listed on the New York Stock Exchange.
  • PGIM Private Capital Provides Nearly $6.5B in First Half of 2021
    July 19, 2021
    PGIM Private Capital provided nearly $6.5 billion of senior debt and junior capital to more than 100 middle-market companies and projects globally in the first half of 2021, marking the second largest first-half origination volume over the past decade, as markets across the globe begin to move beyond the pandemic. PGIM Private Capital is a leading source of private debt for public and private companies and is the private capital arm of PGIM, the $1.5 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
  • Comvest Credit Partners Announces Investment in Camin Cargo Control, Inc.
    July 19, 2021
    Comvest Credit Partners (“Comvest”) has acted as Joint Lead Arranger and Lender in providing a $163 million Senior Secured Credit Facility (“the Financing”) to Camin Cargo Control, Inc.(“Camin”), a third-party service provider of mission critical inspection, testing, and fuel treatment services to the petroleum products industry.
  • J D Factors Announces Factoring Facilities
    July 16, 2021
    J D Factors announced it provided the following factoring facilities: $100,000 to a transportation company in Saskatchewan; $800,000 to a transportation company in Illinois; $100,000 to a transportation company in Georgia; $200,000 to a transportation company in New York; $150,000 to a transportation company in Illinois.
  • Lazydays Holdings, Inc. Secures $369 Million Expanded Credit Facility
    July 15, 2021
    Lazydays Holdings, Inc. ("Lazydays" or the "Company") (NasdaqCM: LAZY) announced that on July 14, 2021, the company entered into a three-year expanded credit agreement with a syndicate of banks led by Manufacturers and Traders Trust Company ("M&T Bank"). The $369 million credit facility nearly doubles the Company's Floorplan capacity from $175 million to $327 million, and expands its Revolving Credit facility from $5 million to $25 million.
  • Fundworks Completes a Refinancing of Its Capital Structure of Up to $70 Million
    July 15, 2021
    The Fundworks, LLC, a leading tech-enabled small business finance company, announced the recent closing of a $25 million Credit Facility with a commercial bank and the sale of $20 million of Senior Secured Notes to a group of U.S.-based institutional investors. The Credit Facility is expandable up to a maximum of $50 million, representing a total capital raise of up to $70 million. These transactions refinanced the Company's existing Senior Credit Facility and subordinated debt and provide substantial excess capital to fund the continued growth of its small business funding platform.
  • Calliditas Secures $75 Million Term Loan Facility
    July 15, 2021
    Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) ("Calliditas") today announced that the company has signed a loan agreement of up to the Euro equivalent of $75 million with Kreos Capital. Proceeds from the loan will be utilized for the launch of Calliditas' lead product candidate Nefecon, if approved, as well as to support clinical development efforts and for general corporate purposes.
  • Blue Ridge Bankshares, Inc. and FVCBankcorp, Inc. Announce Transformational Combination to Create a Top-Performing Financial Institution
    July 15, 2021
    Blue Ridge Bankshares, Inc. (NYSEAM: BRBS) (“Blue Ridge”), the parent company of Blue Ridge Bank, National Association (“Blue Ridge Bank”), and FVCBankcorp, Inc. (NASDAQ: FVCB) (“FVCB”), the parent company of FVCbank, jointly announced today that they have entered into a definitive agreement pursuant to which the companies will combine in an all-stock merger of equals to create the 4th largest Virginia-headquartered community bank1 based on assets.
  • Tornado Global Hydrovacs Enters Into Credit Facility with TD
    July 15, 2021
    Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TGH: TSX-V) is pleased to announce that it has entered into a $3,000,000 revolving operating line of credit (the “Operating Line”) and a $4,875,000 term loan (the “Term Loan”, and together with the Operating Line, the “TD Facility”) with The Toronto-Dominion Bank (“TD”).
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