Winston & Strawn represented Ranger Energy Services, Inc. (NYSE: RNGR), an independent provider of well service rigs, wireline, and associated services in the United States, in its acquisition of PerfX Wireline Services (“PerfX”). This acquisition continues the expansion of Ranger’s wireline services business and is its second wireline acquisition in the last several weeks.

Hilco Global has issued a timely report on the current state of the intermodal chassis market one year after freight traffic reached its lowest level of the ongoing pandemic. The report is accompanied by an industry primer developed to assist lenders in better familiarizing themselves with the import and export logistics of containerized freight.

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has acquired boutique advisory firm Baylor Klein as it continues to grow its Corporate Finance business in Europe. Founded in 2008 by Managing Director Tim Leach, Baylor Klein specialises in providing M&A and corporate finance advisory services to the multinational and independent owners of household, beauty, and personal care (HBPC) assets globally. The transaction signed and completed on 8 July.

JOANN Inc. (NASDAQ: JOAN) (“JOANN”), the nation’s category leader in sewing and one of the fastest growing competitors in the arts and crafts category, announced that it has successfully completed the refinancing of its existing covenant-lite first lien term loan facility due October 2023. The impact of the new $675 million covenant-lite first lien term loan facility is leverage neutral for JOANN as net proceeds will be used to fully repay existing borrowings under the prior first lien term loan facility, with the balance reducing the amount borrowed on its existing asset-based revolving credit facility.

Seacoast Banking Corporation of Florida (NASDAQ: SBCF), one of the largest community banks based in Florida, today announced the continued expansion of its commercial banking leadership team. The bank is adding James Norton as executive vice president and commercial real estate executive, Chris Rolle as president of the West Florida region, and Robert Hursh as market president for Pinellas County.

Penfund, an independent provider of junior capital to North American middle market companies, announced the completion of a second lien debt and equity co-investment in Gastro Health, LLC (“Gastro Health” or the “Company”). Penfund is the lead investor for a new US$90 million second lien credit facility and also invested US$10 million in equity, both of which supported the acquisition of Gastro Health by OMERS Private Equity (“OPE”).

Harris Williams served as financial advisor to Tachyon. KeyBank Capital Markets served as lead left arranger and administrative agent and Citizens served as lead right arranger on the credit facility for the transactions. Greenberg Traurig served as legal counsel for Bow River.

Varagon Capital Partners (Varagon) is serving as Administrative Agent, Lead Arranger and Bookrunner on a senior secured credit facility to support the acquisition of Zavation Medical Products (Zavation or the Company) by Gemspring Capital (Gemspring).

Golub Capital BDC, Inc. ("GBDC") (Nasdaq: GBDC, www.golubcapitalbdc.com), a business development company, today announced that it originated $614.7 million in new middle-market investment commitments during the three months ended June 30, 2021. Approximately 80% of the new middle-market investment commitments were one stop loans, 15% were senior secured loans and 5% were equity and other securities. Of the new middle-market investment commitments, $519.0 million funded at close.

U.S. Bank announced today that it has entered into a definitive agreement to purchase PFM Asset Management LLC under its subsidiary, U.S. Bancorp Asset Management. PFM Asset Management will continue to operate as a separate entity. PFM Asset Management and U.S. Bancorp Asset Management had combined assets under management and assets under administration of more than $325 billion on March 31, 2021.

Winston & Strawn represented Hecate Energy LLC (Hecate), a leading developer, owner, and operator of renewable power projects and storage solutions in North America and select international markets, in connection with a sale of 40 percent minority interest to global energy powerhouse, Repsol, a Spanish energy and petrochemical company.

J D Factors announced it provided the following factoring facilities: $75,000 to a transportation company in Alberta; $500,000 to a transportation company in Ohio; $100,000 to a transportation company in Ontario; $200,000 factoring facility to a transportation company in New Brunswick...

The recent online auction of assets from a 30-barrel, semi-automated brewhouse in Eureka by Tiger Group and Schneider Industries generated proceeds that were 15% above the sale partners’ expectations. In all, the auction attracted 236 registered bidders from across the United States and seven foreign countries.

Commercial Finance Partners is pleased to announce over $15,000,000 in new SBA 7a Loans for Q2 of 2021. As lending has returned to pre-pandemic levels, Commercial Finance Partners also provided over $10,000,000 in other lending facilities including accounts receivable factoring, supply chain financing, term loans, and equipment financing.

Winston & Strawn represented the placement agents in connection with the business combination between Alpha Tau Medical Limited ("Alpha Tau"), the developer of the pioneering alpha-radiation cancer therapy Alpha DaRT™, and Healthcare Capital Corp. ("HCC") (Nasdaq: HCCC), a special purpose acquisition company. The business combination values Alpha Tau at an implied pre-money equity value of $600 million, and is expected to add approximately $337 million of cash to its balance sheet upon closing

TD Bank, America's Most Convenient Bank®, announced today that its New England Education, Not-for-Profit and Government Finance Group closed a $10 million loan that will help empower students with special needs. The loan will go directly to the private, non-profit Cotting School for the enhancement and expansion of its facilities. Cotting focuses on educating children with special needs and aims to help them achieve their highest potential and level of independence. The school currently has 110 students, ranging from ages 3 to 22, from Massachusetts and southern New Hampshire.

McGinty Road Partners, a leading multi strategy investment firm, announced today that it has closed a new senior lending facility with Texas Capital Bank to further expand its equipment leasing capabilities.

Micron Solutions, Inc. (OTCQB: MICR) (the “Company”), a diversified contract manufacturing organization, through its wholly-owned subsidiary, Micron Products, Inc., producing highly-engineered, innovative components requiring precision machining and injection molding, announced that Micron Products, Inc. entered into a new three year $7,000,000 Loan and Security Agreement (the “Agreement”) with Berkshire Bank, a Massachusetts banking corporation, on June 30, 2021, replacing the Company’s previous lender.

Portage Point Partners, LLC (Portage Point), a business advisory and interim management firm that partners with stakeholders during periods of transition, underperformance and distress, announced today that Vladimir Kasparov has joined the firm as a Managing Director.

Idea Financial, an industry leader in small business lines of credit, has successfully closed a new warehouse facility with Synovus Bank Specialty Finance and Hudson Cove Capital Management. The commitment from Synovus and Hudson Cove increases Idea Financial's capacity to extend competitive and flexible financial products to Main Street. In addition, Idea Financial will be expanding into the underserved legal finance market by offering case expense financing solutions to plaintiff lawyers and law firms.