Citizens M&A Advisory served as the exclusive financial advisor to BV Investment Partners ("BV"), a Boston-based private equity firm focused on information and business services and communications industries, on its simultaneous acquisition of two ServiceNow (NYSE: NOW) consulting partners – GlideFast Consulting, a Boston-based commercial partner, and Pharicode, a Huntsville-based government partner.

Altacrest Capital LLC (“Altacrest”), a Dallas-based private equity firm that invests in growing eCommerce brands, has acquired a controlling interest in Big Dot of Happiness, a leading online seller of designer party supplies and lifestyle collections. Altacrest Capital financed this transaction in partnership with Route 2 Capital Partners (“R2CP”), Venturi Private Wealth, co-owners Sherri and Scott Yukel, and a group of equity investors. R2CP provided both debt and equity to support the transaction. CrossFirst Bank provided a credit facility in association with the transaction.

Digital trade finance provider Stenn International today announced the completion of an invoice finance facility for a worldwide leading manufacturer and exporter of speciality packaging materials based in India. The firm’s graphic-grade films, foils and laminates are used in gift wrap, holographic paper, and packaging for premium branded goods.

Oasis Petroleum Inc. entered into a restructuring support agreement with "substantially all of its lenders" under its revolving credit facility and "holders of 52% of the aggregate principal amount of the company's bonds," on what the company termed a "pre-prepackaged" restructuring plan, the company announced on Sept. 30. To implement the RSA, the company further said it filed for Chapter 11 in bankruptcy court in Houston, Texas.

Frontier Communications Corporation has set price talk for a $1.15 billion offering of debtor-in-possession-to-exit senior secured notes at 6.00%-6.25%, sources said. Books for the seven-year (non-call three) paper will close today at 2 p.m. ET, with pricing expected to follow thereafter. Goldman Sachs (left), J.P. Morgan, Deutsche Bank, Barclays, Morgan Stanley and Credit Suisse are bookrunners for the deal. Initial price thoughts circulated in a mid-6% context, according to sources."

Blue Bridge Financial, LLC announces the closing of a one-year extension of its $20 million revolving credit facility with Fifth Third Bank, National Association. “This extension along with the previously announced corporate note extension insures that Blue Bridge will continue to be a key source of capital for small businesses in need of equipment finance.”

Through its recent bankruptcy process, the J. Crew and Madewell parent company, now named "Chinos Intermediate 2," has significantly trimmed the massive debt load that had undermined the namesake brand's ability to right itself and the healthier but smaller brand's capacity to grow. J. Crew provided about 70% of the company's sales last year, with Madewell, which enjoyed double-digit comps from 2018 to 2019, chipping in more than 20%, thanks to what S&P analysts said is "merchandise that resonates with its millennial customer segmentation," per S&P Global's release.

SG Credit provided the Company with a non-dilutive $2.5 million term loan with structured amortization early in the term to free up cash flows and liquidity to fund growth initiatives. This structure allowed the Company to seamlessly buyout the existing shareholder without complicating existing shareholder dynamics.

Avianca Holdings S.A. (OTCMKTS: AVHOQ, BVC: PFAVH) (the "Company" or "Avianca") today announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of New York (the "U.S. Court") to access its debtor-in-possession ("DIP") financing totaling just over US$2.0 billion.

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

Gerald Group ("Gerald"), the world's largest independent, employee-owned metals trading house, is pleased to announce the renewal of its North American syndicated borrowing base credit facility. Despite global market challenges resulting from the COVID-19 pandemic, Gerald's North American trading hub, GT Commodities LLC ("GTC"), closed its US$ 240 million facility with a significant oversubscription from an initial launch amount of US$ 175 million.

Despite ongoing economic uncertainty amidst a global pandemic, many dealmakers remain optimistic about the outlook for the year ahead as they increasingly pursue alternative merger and acquisition (M&A) methods to navigate the crisis and pursue new disruptive business growth strategies. According to Deloitte's new "Future of M&A Trends Survey" of 1,000 U.S. corporate M&A executives and private equity firm professionals, more than 6 in 10 survey respondents (61%) expect U.S. M&A activity to return to pre-COVID-19 levels within the next 12 months.

Generational Capital Markets, Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, F3 MFG, Inc. to The Shyft Group, Inc. (NASDAQ: SHYF). The acquisition closed October 1, 2020 and details were not disclosed.

Imperial Capital, LLC (“Imperial Capital”) announced today the addition of senior high yield professional, Denji Yiu, as the Company continues its growth plans in credit sales and trading. Mr. Yiu is returning to the markets to join Imperial’s credit sales force after he ran High Yield & Distressed Sales at GMP. Mr. Yiu will be based in New York City and will help strategically align Imperial Capital’s high yield and distressed sales professional efforts with the trading needs of its clients.

Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) announced today that it has closed a Gulf of Mexico facility with Beal Bank USA and Trafigura Trading LLC (“Trafigura”). Kosmos has restructured its previously announced Gulf of Mexico prepayment facility into a five-year $200 million term-loan facility secured against the Company’s U.S. Gulf of Mexico assets. The $50 million advanced under the prepayment agreement with Trafigura announced in June has been rolled into the new facility, structured by CSG Investments, Inc., with the remaining $150 million provided by Beal Bank.

Stonebriar Commercial Finance announced the closing of an $11 million loan with a market leading media, technology and content management company engaged in providing hardware and software solutions to the casual and upscale dine-in restaurant industry. The loan proceeds will support ongoing product research and development with incremental liquidity to be used by the borrower for general corporate purposes.

Second Avenue Capital Partners (“SACP”), a lender specializing in asset-based loans for the broader retail and consumer products industry, is pleased to announce Eric Luukko has joined the firm as a Managing Director. Based in the Boston office, Eric’s portfolio will be wide-ranging and include detailed due diligence, collateral oversight, and loan operations for SACP.

When a west coast apparel brand needed a reliable factoring partner to support its ambitious growth for 2020, they aimed their spindle at Fast AR Funding. The apparel brand sought a financial partner that didn’t have any minimums, contracts or set up fees. As retailers reopen at different capacity levels across the country, the apparel brand wanted to freedom and flexibility to submit invoices only when they needed an advance. While the flexibility was required, they additionally wanted to avoid fees for months where they are unable to ship to a retailer. The brand expects to have a strong holiday season with the comfort of having Fast AR funding along for the ride.

Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders, has secured a $225 million term loan facility with Hercules Capital, Inc. (NYSE: HTGC). The committed capital strengthens the Company’s balance sheet through the anticipated commercial launches of its two lead product candidates, AXS-05 for major depressive disorder (MDD) and AXS-07 for migraine, and extends its cash runway into at least 2024, based on current operating plans.

PopReach Corporation ("PopReach" or the "Company"), a free-to-play mobile game publisher focused on acquiring and optimizing proven game franchises, is pleased to announce that its wholly-owned subsidiary, PopReach Incorporated, has closed the previously announced US$7.5 million senior secured credit facility (the "New Facility") with a leading Canadian Schedule I Bank (the "Lender").