Pear Therapeutics, Inc. (“Pear” or the “Company”) today announced that it closed a credit facility for up to $50 million from Perceptive Advisors (“Perceptive”), a leading life sciences investment firm. In connection with the financing, Pear issued warrants to Perceptive, and Sam Chawla of Perceptive received board observer rights. Armentum Partners served as the Company’s financial adviser in connection with this financing.

FocalPoint Partners, LLC, a leading middle market investment bank, is pleased to announce that Managing Partner Nishen Radia and Managing Director Clay Bryan have been named as "Top Private Equity Advisors" for Year 2020 by the Los Angeles Business Journal. Concurrent with this recognition, FocalPoint has formed a new Financial Sponsors Group to be led by Mr. Bryan in Los Angeles. The Financial Sponsors Group will service private equity groups and their portfolio companies with a comprehensive suite of M&A, financing, and restructuring services.

July 21 event features robotic systems with multiple applications, tanks, agitators, spray booths, plant support/materials handling equipment and more. Assets excess to the ongoing operations of Spectrum Industries of Grand Rapids, Mich.

Green Ivy Capital, LLC ("Green Ivy Capital"), an affiliate of Chicago Atlantic Group, LLC ("Chicago Atlantic"), announced today it acted as sole lead arranger and administrative agent on a new $30 million senior secured term loan facility (the "Term Loan Facility") for Verano Holdings, LLC ("Verano"). The Term Loan Facility was led by an affiliated fund of Chicago Atlantic with participation of other institutional lenders.

Lucky Brand has negotiated a two-pronged primary asset purchase agreement, also known as a “stalking horse” bid, to sell its operating assets to SPARC Group LLC (SPARC), a jointly owned entity of Authentic Brands Group (ABG) and mall owner Simon Property Group, and Lucky Brand’s intellectual property assets to ABG-Lucky LLC, a newly formed subsidiary of Authentic Brands. The all-assets bid includes $140.1 million in cash, $51.5 million in credit from vendors and a trade receivables adjustment. The proposed sale was revealed in the July 3 Lucky Brand Dungarees LLC announcement of its voluntary Chapter 11 bankruptcy protection filing.

Immucor, Inc., a global leader in transfusion and transplantation diagnostics, today announced the successful completion of the refinancing of its capital structure. The transaction consists of a new revolving credit facility, first lien term loan, and second lien term loan, with additional support from existing majority shareholder TPG Capital. The newly issued debt instruments mature in 2025. Other terms of the refinancing were not disclosed.

McDermott Will & Emery is adding a five-lawyer group from Katten Muchin Rosenman to its restructuring and insolvency practice in Dallas as the economic effects of the coronavirus crisis bring more bankruptcy work for Big Law firms. Katten partner Charles “Chuck” Gibbs leads the team joining McDermott, and will head its Dallas-based restructuring practice. Mark Patterson and Eric Seitz are also making the move from Katten joining as counsel along with two associates.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it increased funding on its $75MM asset-based credit facility by $6MM with Hunt & Sons Inc. (“Hunt”), a third-generation, family-owned diversified petroleum products distributor. The funding was used to support Hunt with regional acquisitions.

MidCap Business Credit announced today they have closed on a $4,500,000 asset-based revolving line of credit for CR Brands, Inc., a portfolio company of Resilience Capital Partners, headquartered in West Chester Township, Ohio. CR Brands is an innovative consumer packaged goods company with a portfolio of affordable household cleaning and laundry products with superior performance qualities. Today, CR Brands enjoys national distribution and close customer relationships with many leading retailers

CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar project in Edgecombe County, North Carolina. The project is owned by Kayne Anderson Capital Advisors L.P., a leading alternative investment manager, and marks their first solar investment supplying the PJM Interconnection grid.

An educational software and technology firm in the northeast US approached LSQ to satisfy its working capital needs during the COVID-19 crisis. The company provides turnkey solutions to school districts so its students can work remotely and access class and homework assignments. While the company had received government stimulus funding, it was not sufficient to satisfy the new cash requirements from its foreign supply chain due to the impacts of COVID-19.

BHI, a full-service commercial bank, announced that it has appointed Jocelyn Bluth as Chief People Officer. Bluth joins BHI with more than 25 years of human resources experience in banking and financial services.

Deutsche Bank and Google Cloud have agreed to join forces and form a strategic partnership that aims to redefine how the bank develops and offers its financial services. The partnership is unique in that it will not only deliver cutting edge cloud services to Deutsche Bank, but also enable co-innovation between the two companies to create the next generation of technology-based financial products for clients. Both parties have signed a Letter of Intent and plan to sign a multi-year contract within the next few months.

Imperial Capital Group, LLC (“Imperial Capital”), announced today that Simon Mullaly has returned to the markets to launch a European Private Credit Group in which he will serve as Head Trader. The European Private Credit Group will source private European credit investment opportunities for Imperial Capital’s institutional investors in both Europe and the US.

SC&H Capital, a leading investment bank specializing in M&A advisory, announced it acted as the exclusive investment banker to P-D Valmiera Glass USA Corp. (“Valmiera”) in the sale of substantially all of its assets to Saint-Gobain Adfors America, Inc. (“Saint-Gobain”).

Latham & Watkins LLP is pleased to announce that George Klidonas has joined the firm’s New York office as a partner in the Restructuring & Special Situations Practice within the Finance Department. Klidonas focuses his practice on corporate restructurings, liability management transactions, recapitalizations, and other special situation transactions.

Marco Capital, Inc., a Miami, Florida-based trade receivables factoring specialist, grew its credit staff today with the hiring of two experienced credit professionals in domestic U.S. and cross-border LatAM transactions. Taking on the position of chief credit officer and SVP of Operations is Fred Leder, a 20-year veteran in the non-bank finance industry. Alisa Rusanoff takes on the role of senior credit officer, taking the lead in screening, evaluating and underwriting new business.

Retail inventory valuations bounced back quickly in May and June as large numbers of Americans responded to retail re-openings by hunting for bargains at liquidation sales, said executives from Tiger Capital Group in a webinar with analysts from Goldman Sachs.

The line of credit will enable the company’s expansion plans and the added VelocityTM Strech facility will support their new product ramp up.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $2.5MM revolving A/R facility to a Logistics and Fulfillment Company. Proceeds from AFS’ revolver were used to support the Company’s growing customer base & near-term plans for expansion.