Innovative Motion Technologies (IMT), a global industrial technology platform and Cathay Capital portfolio company, today announced the successful closing of a new senior credit facility led by TPG Twin Brook. The financing supports IMT's continued growth and buy-and-build strategy across diversified end markets including healthcare, industrial, HVAC, and utilities.

Eclipse Business Capital LLC (“EBC”) announced that it has provided a $44 million senior secured credit facility to a company in the oil & gas industry. The credit facility is secured by accounts receivable and inventory. The transaction refinances the Company’s existing bank debt and provides additional liquidity for ongoing working capital needs.

BIG Fiber, a leading provider of high-capacity dark fiber infrastructure, announced the closing of a $250 million debt facility with an additional $100 million accordion feature. The financing, led by Stonepeak Credit and La Caisse (formerly CDPQ), provides BIG Fiber with significant capital to accelerate the expansion of its core markets and reinforces its position as the premier provider of mission-critical digital infrastructure in the U.S.

TradeCap Partners LLC (“TradeCap”) is pleased to announce the closing of a $1,500,000 purchase order (PO) financing facility for a cosmetic products distributor serving national wholesale channels. TradeCap structured a customized purchase order finance solution to support the company’s growing demand and expanding customer base.

Made by Gather, a leading home and kitchenware company, today announced the completion of a strategic refinancing led by TCW Private Credit Group, part of a leading global asset manager with more than $200 billion in assets under management, alongside MidCap Financial, a premier specialty finance firm specializing in financing solutions for companies across all stages of growth and complexity.

Altriarch Asset Management, LLC (“Altriarch”) is pleased to announce the closing of a $12.5 million senior secured asset-based revolving credit facility, with an additional $5 million accordion feature, for an industry-leading manufacturer of electronic hand tools and detection devices (the “Company”).

Eversheds Sutherland welcomes Kathryn Nordick as senior counsel in the firm’s US Finance Practice Group, based in Austin. Her addition underscores the practice’s continued investment in Texas and further strengthens its capabilities for advising corporate borrowers, private equity sponsors, private credit lenders and financial institutions on multifaceted and high-value financing transactions.

B. Riley Securities, Inc. ("B. Riley Securities," "BRS" or the "Company"), a leading full-service investment bank, today announced the return of two highly respected industry leaders to the firm, Patrice McNicoll and Matt Feinberg.

Hilco Global today announced that Shana Thomas has joined the organization as Chief Compliance Officer, further strengthening the firm’s global compliance, governance, and risk management capabilities as the organization continues to expand across its international platform.

Bryant Park Capital ("BPC") announced today that FundCanna has recently closed a senior credit facility with a leading alternative investment manager, providing the company with up to $60 million of availability. FundCanna is the leading specialty finance company in the cannabis sector, providing working capital solutions to businesses across the ecosystem.

The Hedaya Capital Group provided a $7.5 million factoring facility to an international leading manufacturer of intimate apparel to support strategic initiatives and future plans. The Company specializes in shapewear, panty, and bra products meticulously designed with innovative features and marketed under several brand names.

Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as Revolver and Term Loan lender for a sponsor-owned portfolio company operating in the electric grid maintenance industry. EPC’s $38.75 million first out commitment as part of a $72.5 million senior secured credit facility will be used for M&A and general working capital purposes.

SG Credit Partners, through its Consumer Products division, is excited to announce its partnership with Rip Van, a better-for-you snack brand offering low-sugar stroopwafels, wafers, and cookies. SG’s debt facility will support Rip Van’s continued expansion as consumer demand for low-sugar indulgence snacks with cleaner ingredients continues to grow.

SouthStar Capital is pleased to announce the closing of a $650,000 working capital facility for a Lowcountry-based HVAC and commercial refrigeration company serving commercial customers throughout the Southeast.

Republic Business Credit is pleased to announce the addition of Lisa Osorio to the team as Legal Administrator. Osorio joins the expanding legal department as Republic continues to strengthen its operational infrastructure and support its growing national portfolio. She will report to Christy Morgan, Vice President, Legal Manager.

Thirdmark Capital is proud to announce a major milestone: more than $150 million in funded participations since its founding. Every deal represents a lender who trusted Thirdmark Capital to deliver.

Great American Holdings, LLC ("GA Group"), an industry-leading provider of advisory, valuation, field exam, liquidation, asset-based lending, investment banking, restructuring advisory, and real estate services, and majority-owned by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), today announced the acquisition of Done Right Merchandising ("DRM"), a family-owned provider of store opening, remodeling and retail services, marking a transformative step in GA Group's evolution into a comprehensive, diversified retail solutions partner.

Barings, one of the world’s leading global alternative investment managers, today announced the successful close of over $19 billion in committed capital for its Global Direct Lending strategy, garnering interest from a diverse group of institutional, insurance and wealth clients. The two-year fundraising period coincided with strong and sustained deployment activity, including over $18 billion across 355 transactions globally.

B. Riley Securities, Inc. (“B. Riley Securities”), a leading full-service investment bank, is pleased to have served as lead bookrunner to Babcock & Wilcox Enterprises, Inc. (NYSE: BW) (“BW” or the “Company”) in its $230 million equity follow-on offering.

A long-established, full-service marketing firm, based in the Midwest, required a flexible working capital solution to refinance its traditional bank facility, accommodate existing subordinated debt, and support ongoing operations and future expansion without disrupting relationships with its enterprise clients.