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  • Hyde Park Ventures Announces Acquisition of Multiple Five Guys Franchises in Colorado
    June 28, 2021
    Hyde Park Ventures ("Hyde Park"), a private management company, has announced the acquisition of seven Five Guys franchises and a new development territory across northern Colorado making its restaurant holding company, Hyde Park Burgers, the third largest Five Guys franchisee in the United States. Fifth Third Bank, Hyde Park's sole lender, provided the debt financing for the transaction.
  • American Oncology Network Secures $85 Million in Financing From PNC Bank
    June 28, 2021
    American Oncology Network, LLC (AON), a high-growth medical oncology provider with a focus on supporting the long-term viability of oncology treatment in community-based settings, announced today that it has closed on a financing agreement with PNC Bank, one of the largest diversified financial services institutions in the United States. The $85 million financing deal will facilitate AON’s continued growth and the ability to provide exceptional cancer care to patients.
  • Tivity Health Prices New Senior Secured Credit Facilities in Significantly Oversubscribed Transaction, Increasing Financial Flexibility
    June 28, 2021
    Tivity Health, Inc. (Nasdaq: TVTY) (the "Company"), a leading provider of healthy life-changing solutions, including SilverSneakers®, today announced the pricing of a $400 million senior secured term loan B facility (the "term facility") and a $100 million senior secured revolving facility (the "revolving facility", and together with the term facility, the "credit facilities"). Morgan Stanley, Credit Suisse and Truist Bank are acting as joint lead arrangers and bookrunners for the transaction.
  • Abacus Finance Provides Senior Debt Financing to Support the Refinancing of Receivable Solutions by WestView Capital Partners
    June 28, 2021
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA – today announced that it served as Administrative Agent and Co-Lead Arranger of senior secured credit facilities to support the refinancing of Receivable Solutions by WestView Capital Partners.
  • CIBC Announces Minority Investment in Loop Capital
    June 24, 2021
    CIBC announced today that it has completed a strategic investment in Loop Capital, a Chicago headquartered financial services firm providing investment banking, brokerage, asset management and wealth management services to corporations, municipalities, hospitals, universities, institutional investors and high net worth individuals. Loop Capital has offices in 20 US cities, with more than 175 team members globally.
  • Fennec Pharmaceuticals Announces Amendment to Increase Existing Senior Debt Facility
    June 24, 2021
    Fennec Pharmaceuticals Inc. (NASDAQ:FENC; TSX: FRX), a specialty pharmaceutical company focused on the development of PEDMARKTM (a unique formulation of sodium thiosulfate) for the prevention of platinum-induced ototoxicity in pediatric patients with localized, non-metastatic solid tumors, today announced an amendment to its existing senior debt facility with the Life Sciences Group at Bridge Bank increasing the size of the facility from $18 million to $20 million.
  • MaxLinear Announces New $350 Million Senior Secured Term B Loan Facility and Establishes $100 Million Revolving Credit Facility
    June 24, 2021
    Wells Fargo Securities, MUFG Securities Americas, BMO Capital Markets, and Citizens Bank acted as joint lead arrangers and bookrunners for the transaction.
  • TD Bank Group Announces Changes to Senior Executive Team
    June 24, 2021
    Bob Dorrance to retire as President and CEO of TD Securities; will remain Chairman of TD Securities Riaz Ahmed to become President and CEO of TD Securities Kelvin Tran – Executive Vice President, Enterprise Finance – to become Chief Financial Officer, TD Bank Group and join Senior Executive Team Barbara Hooper – Executive Vice President, Corporate Development, Treasury and Strategic Sourcing – to join Senior Executive Team Moti Jungreis and Robbie Pryde to become Executive Vice-Chairs, TD Securities
  • BMO Appoints Kimberley Goode as Chief Communications & Social Impact Officer
    June 24, 2021
    BMO Financial Group today announced the appointment of Kimberley Goode as Chief Communications & Social Impact Officer. She will join the bank in August and report to Cameron Fowler, Chief Strategy & Operations Officer. Ms. Goode will lead a new team combining the Communications practice areas of Employee Communications, Media Relations, and Government Relations with the Purpose and Community Giving teams, creating a single organization unified in its focus on achieving the bank's strategic priorities and purpose.
  • Cathedral Energy Services Announces Credit Facility Extension and Amendment With a Further Increase in Liquidity
    June 24, 2021
    Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") is pleased to announce that it has agreed to a series of amendments to its existing credit facility ("the Extended Facility") with its sole lender ATB Financial ("ATB"). In addition, Cathedral has secured a further $1 million of liquidity through the Highly Affected Sectors Credit Availability Program ("HASCAP") that sees Business Development Bank of Canada ("BDC") guarantee a fixed interest rate loan made available to the Company by ATB (the "HASCAP Loan").
  • Analog Devices Announces $2.5 Billion Sustainability-Linked Revolving Credit Facility
    June 24, 2021
    Analog Devices, Inc. (Nasdaq: ADI) today announced that it has successfully executed a $2.5 billion sustainability-linked senior revolving credit facility (the “facility”), replacing its existing $1.25 billion senior revolving credit facility. Half of the $2.5 billion facility will become available only upon the consummation of ADI’s acquisition of Maxim Integrated Products, Inc.
  • Sterling National Bank Provides $750,000 of Secured Credit Facilities to Memories Apparel
    June 23, 2021
    Sterling National Bank's Commercial Services Group provided senior secured credit facilities totaling $750,000 to Memories Apparel, Inc. The credit facilities will be used to provide working capital for the company’s anticipated future growth.
  • Thompson Pipe Group Engages B. Riley Securities to Help Scale its Presence in North America
    June 23, 2021
    Thompson Pipe Group ("TPG" or the "Company"), a leading provider of innovative solutions for demanding infrastructure applications, today announced it has engaged B. Riley Securities, Inc., a full-service investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), to provide buy-side advisory services in accordance with the Company's plan to grow its presence in North America.
  • Palladium Equity Partners Names Meahgan O'Grady Director of Business Development
    June 23, 2021
    In her new role, Ms. O'Grady will work with all of Palladium's deal teams on sourcing and origination, reporting to Leon Brujis, a Partner of the Firm. Ms. O'Grady brings to Palladium a wealth of business development experience and skills. This includes her deep relationships across multiple channels, including development teams of both public and private corporations, investment banks and proprietary sources such as entrepreneurs, industry executives, advisors and private wealth managers.
  • SLR Business Credit Announces Promotion of Lucy Csizmas
    June 23, 2021
    SLR Business Credit is excited to announce the promotion of Lucy Csizmas with SLR Business Credit to Senior Managing Director. Lucy is an industry veteran with 25+ years of experience. She is responsible for sourcing and structuring new transactions from a long- standing network of commercial banks, private equity firms, investment banking, consulting firms, CPA firms, law firms, as well as other intermediaries.
  • CNH Finance Funds Over $14,000,000 in New Commitments
    June 23, 2021
    CNH Finance is pleased to announce new financings for May 2021. CNH provided a $10,000,000 senior secured revolving line of credit facility to form the carve-out of a health information management (“HIM”) transcription business and an electronic health record (“EHR”) service activation business. Both carve-out entities will be co-borrowers under this facility. The company will use loan proceeds for working capital purposes.
  • Winston & Strawn Represents Edmentum
    June 23, 2021
    Winston & Strawn represented Edmentum, a portfolio company of The Vistria Group and a global pioneer in education technology, in connection with its definitive agreement to acquire Apex Learning, a Seattle-based industry leader in digital curriculum and virtual learning with over 20 years of deep expertise providing high-quality, rigorous, and teacher-centered programs.
  • Signify Health Announces Completion of Refinancing
    June 23, 2021
    Signify Health, Inc. (NYSE: SGFY), a leading healthcare platform that leverages advanced analytics, technology and nationwide healthcare networks to create and power value-based payment programs, today announced the successful completion of a refinancing of its first lien term loans and revolving credit facility.
  • BMO Capital Markets Develops Healthcare Franchise
    June 23, 2021
    BMO Capital Markets, the corporate banking and investment division of BMO Financial Group (BMO), announced on Tuesday the hiring of Evan Seigerman as Managing Director and Senior Equity Research Analyst covering the biotechnology and pharmaceutical sectors. Mr. Seigerman will lead the expansion of BMO's healthcare research franchise, which currently consists of four analysts, including Mr. Seigerman, as well as Gary Nachman, who covers biopharma and biotechnology; Matthew Luchini, who covers biotechnology; and Matt Borsch, CFA, who covers managed care and providers.
  • AeroCentury Corp. Files Proposed Plan of Reorganization
    June 23, 2021
    AeroCentury Corp. (“AeroCentury” or the “Company”) (NYSE American: ACY), announced today that the Company and its two U.S. subsidiaries (collectively the “Debtors”) have filed with the Delaware Bankruptcy Court a proposed combined Plan of Reorganization and Disclosure Statement (the “Plan/Disclosure Document”) with respect to its proposed plan to exit Chapter 11 bankruptcy protection (“Plan”).
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