INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that DBM Global Inc. (“DBMG”), has entered into an amended and restated credit agreement that provides for an $85 million term loan and a $135 million revolving credit facility (the “Credit Facility”), which will be used to fully repay DBMG’s existing debt obligations and provide additional working capital capacity.

Aequum Capital is pleased to announce the closing of a $35 million senior secured revolving line of credit to a Midwest-based commodity distribution company specializing in value-added mixing, blending, and recycling services. The facility will enhance liquidity and provide meaningful operating flexibility as the Company executes its turnaround strategy following a challenging period driven by broader macroeconomic headwinds.

France’s Natixis SA is in talks to set up a direct lending fund of around $1.5 billion, which would allow it to buy into the asset class, according to people familiar with the matter.

A group of private credit firms led by HPS Investment Partners provided more than $3 billion of debt to Consumer Cellular Inc. to refinance its broadly syndicated loans and pay a dividend to its private equity owner GTCR, according to people with knowledge of the matter.

Yext, Inc. (NYSE: YEXT), the leading digital presence platform for multi-location brands, today announced that it has closed a $200 million senior secured term loan facility with funds and accounts managed by BlackRock, providing the company with enhanced flexibility to support its growth initiatives and strategic objectives.

SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Brightmark Plastics Renewal LLC and certain affiliates (collectively, “Brightmark Indiana” or the “Company”) in the sale of substantially all assets to Brightmark Plastics Ashley HoldCo LLC (“Brightmark Parent”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware.

Benesch is pleased to announce that Tabitha Humphries has joined the firm’s Chicago office as a partner in its Corporate & Securities Practice Group.

Rick Kurz has been appointed President of Flagstar Financial & Leasing LLC and Flagstar Public Funding Corp., effective immediately, succeeding Walter Rabin, who retired on May 9. Mike Jones will assume Rick’s former role, in an expanded title as Head of National Sales and Strategy for Flagstar Financial & Leasing LLC, reflecting his strong track record in business development and national sales leadership.

Georgia Banking Company (GBC) announces the launch of its Retail Mortgage origination channel, another significant step in the company's strategic growth plan. The expansion is set to provide comprehensive mortgage solutions to homebuyers and homeowners across metro Atlanta, reinforcing GBC's commitment to enhancing its service offerings and market presence.

NXT Capital announced today that it closed a senior credit facility in support of Cressey & Company’s new partnership with Paradigm Health. The Company’s existing investor, Havencrest Capital Management, also invested alongside Cressey. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.

US Capital Global is pleased to announce the appointment of Erick G. Schenkhuizen as Vice President at its Newport Beach office, marking a significant step in the group’s continued expansion across the West Coast. In his new role, Mr. Schenkhuizen will lead the delivery of customized debt and equity financing for middle-market businesses, as well as customized wealth management and investment solutions for high-net-worth individuals, affluent families, and independent RIAs in the U.S. and globally.

Gordon Brothers, the global asset experts, and Nations Capital, a Gordon Brothers Company, are offering for sale by private treaty all the machinery and inventory related to Nikola Corporation’s hydrogen business.

Amerisource Business Capital is pleased to announce the successful closing and funding of a $30,000,000 asset-based lending facility to support the working capital needs of a Southwest-based company specializing in the design, fabrication, and maintenance of midstream energy infrastructure, including treating plants and flowlines. This facility will support the company’s ongoing working capital requirements.

o15 Capital Partners ("o15"), through its o15 Emerging America Credit Opportunities ("EACO") fund, is pleased to announce a $28 million senior secured debt investment in Simplify Compliance Holdings, LLC ("Simplify" or the "Company"), a diversified B2B information services platform backed by Leeds Equity Partners ("Leeds Equity").

Barclays today announced the appointment of Marc Warm as Global Co-Head of Capital Markets, alongside Tom Johnson and Travis Barnes. Marc will report to Cathal Deasy and Taylor Wright, Global Co-Heads of Investment Banking and be based in New York.

PNC Bank today announced entry into a definitive agreement to acquire Aqueduct Capital Group, a placement agent focused on raising capital for private equity, private credit and real asset managers through its broad access to sophisticated, global pools of capital.

MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized multifamily and seniors housing bridge lending platform, announced the financing of a senior bridge loan and working capital facility for three skilled nursing facilities in Florida, totaling $108,750,000.

Beach Point Capital Management LP ("Beach Point"), a diversified alternative asset manager, today announced the close of over $1.25 billion of capital commitments across both BPC Opportunities Fund V LP (the "Opportunities Fund V") and BPC Real Estate Debt Fund ("BPRED"), which raised over $750 million and $545 million of investable capital, respectively.

Blank Rome LLP is pleased to announce that K. Terrell Hutchins has joined the firm’s New York office as an associate in the Finance, Restructuring, and Bankruptcy group. He joins the firm from Otterbourg P.C.

​King Trade Capital is pleased to announce the closing of a $1.8MM purchase order finance facility for an aerospace parts company in support of their newly awarded U.S. Air Force contract. The client approached King Trade Capital seeking a fast and flexible finance solution to support the acquisition and refurbishment of five nose landing gears required under the contract.