TSL Express Daily Articles & News

Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as Administrative Agent on a Senior Secured Credit Facility supporting Quadriga Capital portfolio company Ipsen International Holdings, GmbH (“Ipsen”).

Republic Business Credit continues its commitment to the natural products industry by providing a $1.5 million asset-based loan credit facility to a leading manufacturer of bath, shower and all-natural aromatherapy solutions.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Angela (Angie) Ty has joined the firm as a Financial Services Partner. Based in the San Francisco Bay Area, Ty specializes in the alternative investments industry with a specific focus on private equity, venture capital, and hedge funds.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today issued the below statement in response to Prospect Medical Group’s (“Prospect”) decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code.

Brex, the modern corporate card and spend management platform for startups and enterprises, today announced the closing of a two-year, $235 million revolving credit facility. Citi serves as senior lender for the credit facility, joined by TPG Angelo Gordon as a participating lender.

Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that it provided a $25 million asset-based credit facility to American Technologies, LLC (doing business as “888VoIP”) (or “the Company”).

Gordon Brothers, the global asset experts, has provided Peavey Industries LP (Peavey) a financing package of up to C$155 million, consisting of a C$105 million first-lien revolving credit facility, a C$30 million first-in, last-out term loan, and a C$20 million consignment program, to support Peavey’s go-forward strategy.

nFusion Capital announced it provided an $8 million factoring line of credit for a private equity-owned and well-established print house that specializes in custom labels and printing based in Texas

Brookridge Funding is proud to announce the closing of $4,050,000 of purchase order facilities for four new clients. The above companies were referred to Brookridge by their factors and ABL lenders.

Brookridge Funding is proud to announce the closing of $4,050,000 of purchase order facilities for four new clients. The companies were referred to Brookridge by their factors and ABL lenders.

Brookridge Funding is proud to announce the closing of $4,050,000 of purchase order facilities for four new clients. The companies were referred to Brookridge by their factors and ABL lenders.

Brookridge Funding is proud to announce the closing of $4,050,000 of purchase order facilities for four new clients. The companies were referred to Brookridge by their factors and ABL lenders.

Sallyport, an operationally focused lower to middle-market private equity firm, is pleased to announce the closing of its first fund, Sallyport Partners Fund. The fund exceeded its target of $150mm, closing with $160mm in total capital commitments.

Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Kevin Alexander, Partner in Ares’ Alternative Credit strategy, has been promoted to Co-Head of Alternative Credit alongside current Co-Heads Keith Ashton and Joel Holsinger, effective immediately.

UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial USA, Inc. (Nasdaq: HTLF) are pleased to share that the necessary regulatory approvals from the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System have been received to complete the previously announced acquisition of HTLF. These approvals follow shareholder approvals for both companies.

New Mountain Capital, LLC (“New Mountain”), a leading growth-oriented investment firm with more than $55 billion in assets under management, today announced a definitive agreement to acquire Machinify, Inc. (“Machinify”), a leading provider of artificial intelligence (AI)-powered software transforming healthcare payments.

Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced that on January 9, 2025, it entered into a First Incremental Facility Amendment (the “Amendment”) to its existing Credit Agreement with Bank of America, N.A., as Administrative Agent for the Lenders party thereto.

BMO (NYSE: BMO) and Canal Road Group ("CRG") today announced they are entering into a strategic partnership. As part of the arrangement, BMO's commitment to CRG will enable CRG to invest up to $1 billion in capital in support of their direct lending strategy.

Origis Energy, one of America's leading renewable energy and decarbonization solution platforms, today announced the close of financing for the Swift Air Solar project in Ector County, Texas. The $415 million funding package includes construction, term debt and tax equity financing from Natixis Corporate & Investment Banking (CIB) and Advantage Capital.

WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with Nephron Pharmaceuticals, LLC (“Nephron” or the “Company”) to provide a $350 million asset-based credit facility (the "Financing").