GBC has created a reputation as the preferred ABL partner to private equity groups. This is due to its ability to support fast-moving acquisition and growth opportunities, while having the unique ability to structure transactions that benefit the interests of all parties involved. That’s why, when CriticalPoint Capital needed acquisition financing support, GBC was the natural fit. CriticalPoint Capital is a Los Angeles-based operationally focused private equity firm specializing in corporate divestitures, companies in transition and special situations

GoldenTree Asset Management ("GoldenTree"), a global credit manager, announced the closing of $725 million in commitments on a second CLO strategy ("GLM II") as part of its GoldenTree Loan Management ("GLM") program. GoldenTree previously raised $600 million in 2016 for the first vintage of the strategy.

Doering has 15 years of commercial banking experience serving primarily family businesses and closely held companies of all sizes with an emphasis on construction, manufacturing/distribution, and service organizations. Fellows has more than 20 years of banking experience. As Senior Vice President – Treasury Management Market Leader in Madison, Melissa Fellows, CTP, leads our Madison team to deliver First Business Bank’s full suite of banking solutions.

Morgan Lewis is adding regional strength to its 110+ strong global finance team with the addition of partner Mark Kirsons, who joins from Sidley, where he also previously served as a co-leader of its Global Finance group, and will be resident in Chicago. Mark is recognized for his lender-side practice, representing banks, financial services companies, and private equity funds, many of which Morgan Lewis already serves in its US East and West coast offices and in the United Kingdom.

Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it has increased its Revolving Credit Facility (the “Facility”) from $1.335 billion to $1.485 billion and extended the final maturity date by over one year on $1.390 billion of commitments to February 4, 2026. The Facility was led by Truist Securities, Inc., JPMorgan Chase Bank, N.A. and MUFG Union Bank, N.A. as joint lead arrangers and includes a total of 20 bank participants.

Horizon Global Corporation (NYSE: HZN), one of the leading manufacturers of branded towing and trailering equipment, today announced the closing of an attractive new financing agreement with Atlantic Park Strategic Capital Fund, L.P. (“Atlantic Park”). The six-year agreement addresses all of the Company’s near-term maturities, provides long-term stability to its capital structure and offers the financial flexibility necessary to pursue its strategic initiatives.

Builders FirstSource, Inc. (Nasdaq: BLDR) (“Builders FirstSource”), today announced that it increased the revolving facility commitments and extended the maturity date under its existing $900 million revolving credit facility (the “Facility”). In connection with the amended and restated Facility, the Company increased the total commitment from $900 million to $1.4 billion and extended the maturity date by 26 months to January 2026.

Victory Park Capital (“VPC”), a leading global alternative investment firm, today announced the close of a multi-year credit facility with Cap Hill Brands, a technology-driven consumer goods platform that acquires and operates e-commerce brands with an initial focus on Amazon-first brands. The credit facility marks the third deal that VPC has closed in the e-commerce sector since Q3 of last year, having most recently closed a credit facility with Perch, which also acquires and operates Amazon third-party sellers.

OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today announced the signing of an asset purchase agreement to acquire the SBA portfolio of Hana Small Business Lending, Inc., a wholly-owned subsidiary of Hana Financial, Inc.

CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on $16.1 million in financing for the acquisition of a portfolio of dialysis centers. Cypress West Partners acquired the portfolio of six newly constructed built-to-suit dialysis centers in Meridian, McComb and Jackson, Mississippi; Lake Charles, Louisiana; Sacramento, California; and Bellmead, Texas. The facilities are occupied by Fresenius Medical Care, a leading dialysis provider.

Cole Bennett has joined the company as Credit Analyst. Cole graduated from Texas A&M in December 2020 with a BBA in Accounting, an MBA in Finance, and Certificate in Corporate Finance. Before joining Stonebriar Bennett had numerous internships, most recently with KPMG, LLP. Kyle Holliman has joined the company as a Director - Originations. Kyle graduated from Mississippi State University in 2018 with a BBA in Management. Prior to joining Stonebriar, Holliman was a Senior Account Manager for HomeStretch where he worked in a sales capacity maintaining existing customers and developing new relationships.

Clear Thinking Group, the award winning advisory firm, announced today that the US Bankruptcy Court for the District of Minnesota has approved its retention by Stock+Field under section 363 of the US Bankruptcy Code, and that Partner Michael Wesley will serve as Chief Restructuring Officer during the Stock+Field chapter 11 process. Stock+Field is a premier farm, home, and outdoor retailer with 25 stores serving communities across Illinois, Indiana, Ohio, Michigan and Wisconsin.

Citizens M&A Advisory announced today that it served as the financial advisor to Leadec in its acquisition of Diversified Automation, Inc. Founded in 2002, Diversified Automation is a leading automation controls and software solution provider to the express parcel industry. It serves global express parcel and e-commerce companies, prime contractors and integrators with end customers that include Amazon, FedEx Ground and UPS. Headquartered in Louisville, Kentucky, and with annual sales of approximately $100 million, Diversified Automation has more than 140 engineers and project managers operating in seven locations across the United States.

WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with Challenge Mfg. Company, LLC (“Challenge”) to provide a senior term loan facility that is in excess of $100 million. The term loan facility supported a refinancing of Challenge’s indebtedness and provided additional liquidity to continue to execute on the company’s growth.

Audax Private Debt announced that, as Administrative Agent and Joint Lead Arranger, it provided a unitranche credit facility to support add-on acquisitions and a refinancing for Cerity Partners (“Cerity” or the “Company”), a portfolio company of funds affiliated with Lightyear Capital LLC. Founded in 2009, Cerity Partners is a leading national independent financial advisory firm serving high-net-worth individuals and their families, businesses and their employees, and non-profit organizations from its offices across the U.S.

Pacific Western Bank announced today it has acquired Civic Financial Services, LLC, (“CIVIC”), from Wedgewood, Inc. (“Wedgewood”). Headquartered in Redondo Beach, CA, CIVIC is one of the leading institutional private lenders in the United States specializing in residential business-purpose loans (BPLs). Terms of the agreement were not disclosed.

LBC Credit Partners ("LBC"), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to support LightBay Capital's investment in Rancho Family Medical Group ("Rancho Family"). The investment from LightBay will allow Rancho Family to invest in new and existing care centers, as well as additional technology tools, which will facilitate the Company's continued growth.

Robbins, Salomon & Patt, Ltd. (RSP), a full-service law firm in the Chicagoland area, is pleased to announce that Andrew M. Sachs, Chief Operating Officer, has taken the firm’s reins as Chief Executive Officer effective January 1, 2021.

Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a $47 million senior credit facility to Averhealth (or “the Company”), a provider of substance use testing and monitoring services tailored to the unique needs of courts and social service agencies. Averhealth is a portfolio company of Five Arrows Capital Partners (“Five Arrows”), the PE investment strategy of Rothschild & Co., a global advisory and asset management company.

First Business Bank announces the closing of a $15 million Ledgered Line transaction by its Accounts Receivable Financing group. The facility includes a $4 million sub-limit against “unbilled A/R” and a $2 million short term over-advance sub-limit. Our new client provides international freight forwarding services. The company is experiencing exceptional growth, so its cash needs are outpacing its continued profitability.