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  • J D Factors Announces Factoring Facilities
    September 27, 2021
    J D Factors announced it has provided the following factoring facilities: $200,000 to a transportation company in New Jersey; $100,000 to a transportation company in Georgia; $100,000 to a transportation company in South Carolina; $100,000 to a transportation company in Alberta...
  • A&G Wins Third Award for its Role in Tuesday Morning’s Chapter 11 Restructuring and Second for GNC’s Successful Turnaround
    September 27, 2021
    For its work on the restructurings of GNC and Tuesday Morning, A&G Real Estate Partners was among the winners of The M&A Advisor’s 15th-Annual Turnaround Awards. It was the third such award presented to A&G—an advisory firm specializing in lease restructuring, real estate sales and auctions nationwide—for its work on Tuesday Morning, and the second such recognition of the firm’s role in the restructuring of GNC. (Those prior awards came from the Global M&A Network and the Turnaround Management Association.)
  • Texas Capital Bancshares Appoints Anna M. Alvarado as Chief Legal Officer and Corporate Secretary
    September 27, 2021
    Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that Anna M. Alvarado has been appointed Executive Vice President, Chief Legal Officer and Corporate Secretary, effective October 15, 2021. Ms. Alvarado will report to Rob C. Holmes, President and Chief Executive Officer.
  • Russell A. Colombo Announces Retirement as Chief Executive Officer; Bank of Marin Names Tim Myers President and CEO
    September 27, 2021
    -Russell A. Colombo, Chief Executive Officer of Bank of Marin and Bank of Marin Bancorp, has formally announced his retirement, effective October 31, 2021. The Board of Directors of Bank of Marin Bancorp (“Bancorp”) (Nasdaq: BMRC), parent company of Bank of Marin (the “Bank”), named Tim Myers, age 51, currently President and Chief Operating Officer as his successor. Tim Myers will assume the role of CEO on November 1, 2021.
  • Fifth Third Appoints Michele Mullins Climate Risk Officer; Role Reflects Bank's Commitment to Managing Climate Change Risk
    September 27, 2021
    Fifth Third Bank, National Association, today announced the appointment of Michele Mullins as the Company’s first climate risk officer. The role expands Mullins’ duties as director of enterprise risk governance and business support, and reflects the Bank’s commitment to environmental sustainability leadership.
  • Republic Capital Access, LLC Expands Product Offering
    September 27, 2021
    Republic Capital Access, LLC, the leading specialty finance company for U.S. Government contractors and a Department of Defense Trusted Capital Marketplace member, will now provide contract financing for companies with state government contracts, as well as U.S. Government contracts.
  • Winston & Strawn Represented Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC
    September 27, 2021
    Winston & Strawn represented Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC as underwriters in connection with Argus Capital Corp. ("Argus") in its initial public offering of 30,475,000 units at a price of $10.00 per unit, including 3,975,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full.
  • Austin Financial Services Provides a $3.6MM Revolving Credit Facility to a One Hundred Twenty-year-old Fuel and Lubricant Distributor
    September 27, 2021
    Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3.6MM revolving A/R and inventory credit facility to a one-hundred twenty-year-old privately owned fuel and lubricant distributor. The Company is operated by an experienced team of industry veterans who are focused on boosting sales volumes and improving operating efficiencies.
  • Bryant Park Capital Secures a $50 Million Senior Debt Facility for High Rise Financial, LLC
    September 27, 2021
    Bryant Park Capital ("BPC"), a leading middle-market investment bank, announced today that High Rise Financial, LLC, founded by Mark Berookim and Michael Berookim, recently closed on a $50 million senior secured debt transaction with one of the larger independent banks in the nation. BPC served as the exclusive financial advisor to High Rise Financial in connection with this transaction.
  • FoxPoint Trucks, LLC Raises $85 Million of Capital from Gordon Brothers to Fuel Company’s Rapid Growth
    September 27, 2021
    Gordon Brothers, the global advisory, restructuring and investment firm, announces that FoxPoint Trucks, LLC, doing business as OTR Leasing, has raised $85 million of capital to support the company’s continued growth. FoxPoint Trucks is a leading technology-enabled, specialty finance truck leasing company that will use the funds to refinance existing debt and support the continued expansion of their truck fleet.
  • eCapital Corp. Hires Jeffrey Duclow as SVP, Business Development Officer
    September 27, 2021
    eCapital Corp. (“eCapital”), a leading alternative finance provider in North America to small and medium-sized businesses, today announced that it has named Jeffrey Duclow as Senior Vice President, Business Development Officer. Duclow brings more than 30 years of expertise providing working capital financing to staffing companies.
  • Wings Capital Partners LLC Announces Closing of $500,000,000 Secured Loan Facility
    September 27, 2021
    Wings Capital Partners LLC (“Wings”) announced today the closing of a $500 million secured loan facility with a syndicate of four major international banks. The five-year loan facility contains a two-year acquisition period and can be upsized to $750 million. The facility will be used to acquire a portfolio of predominantly young, in-demand, narrow-body commercial jet aircraft. The lending group consists of Goldman Sachs Bank USA, Credit Agricole Securities, Natixis S.A. and Royal Bank of Canada. Goldman Sachs Bank USA acted as structuring agent for the facility.
  • Abacus Finance Provides Senior Debt Financing to Support the Dividend Recapitalization of MGC Diagnostics Corporation, an Altus Capital Partners Portfolio Company
    September 27, 2021
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the dividend recapitalization MGC Diagnostics Corporation, an Altus Capital Partners portfolio company.
  • Greenberg Traurig Continues Expansion of Global Restructuring & Bankruptcy Practice; Adds Brian E. Greer in New York
    September 27, 2021
    Citing a continued uptick in activity, global law firm Greenberg Traurig, LLP expanded its global Restructuring & Bankruptcy Practice with the addition of former Dentons partner Brian E. Greer as a shareholder in the firm's New York office.
  • Allan Funk Named EVP, Chief Credit Officer at Touchstone Bank
    September 27, 2021
    Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA) and its wholly-owned subsidiary, Touchstone Bank (the "Bank"), are pleased to announce that Mr. Allan Funk will serve as EVP, Chief Credit Officer. Mr. Funk has over 37 years of banking experience, most recently as Senior Credit Officer with $1.5 billion asset based First Community Bank of South Carolina. Prior to that Mr. Funk was with Skyline National Bank and BB&T, in Virginia.
  • Gordon Brothers & JLL Expand Strategic Alliance to Provide Real Estate, Asset Optimisation & Capital to Businesses Operating in Spain & Portugal
    September 27, 2021
    Gordon Brothers, the global advisory, restructuring and investment firm, and Jones Lang LaSalle Incorporated (JLL), a leading professional services firm, have expanded their strategic alliance to offer integrated services to businesses operating in Spain and Portugal that are going through change or transformation.
  • Ubicquia Secures $25 Million Debt and Working Capital Facility to Accelerate Growth
    September 27, 2021
    Ubicquia®, a global leader in smart city, connectivity and smart grid solutions that make cities smarter, safer and more connected announced today it has entered a new $25 million debt and working capital facility with Silicon Valley Bank (SVB). The facility will be used to accelerate growth, facilitate larger supply chain commitments and manage working capital requirements driven by increasing orders from OEM customers.
  • CCC Intelligent Solutions Inc. Announces Closing of New Senior Secured Credit Facility
    September 27, 2021
    CCC Intelligent Solutions Inc. has completed the successful refinancing of its existing secured credit facility with a new credit agreement comprised of an $800 million senior secured term loan facility and a $250 million senior secured revolving credit facility. Bank of America, JPMorgan Chase Bank, N.A., Goldman Sachs Bank USA, Citigroup, Barclays, Credit Suisse, Jefferies Finance LLC and Morgan Stanley acted as joint lead arrangers and joint bookrunners for the Credit Facility.
  • York Group of Companies Secures an Expanded New Senior Credit Facility to Support Continued Growth
    September 27, 2021
    York Group of Companies ("York"), a leading provider of environmental and infrastructure services in Ontario has secured a new senior credit facility co-led by the Royal Bank of Canada and the National Bank of Canada with a syndicate of financial institutions including Toronto-Dominion and The Bank of Nova Scotia.
  • SageSure Secures $125 Million Senior Credit Facility From Leading Financial Institutions
    September 27, 2021
    SageSure, a technology-driven managing general underwriter specializing in coastal residential property markets, has secured $125 million in bank financing. The syndicated facility is led by Citizens and includes Joint Lead Arrangers ING Group, BMO Harris and East West Bank.
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