TSL Express Daily Articles & News

BRG announced today the opening of offices in Rome and Milan as it expands its European footprint with a team of economists focused on regulated industries, led by Managing Director Dr Francesco Lo Passo, who joins with Managing Director Marcella Fantini and Associate Director Alessandro Greco.

The AI-powered, all-in-one finance and HR suite, finally, today announced that it has closed a $50M Series B from PeakSpan Capital and $150M credit facility from Encina. The new capital follows the company’s $95M Series A in 2022 and additional $10M capital injection in February of this year, bringing total funds to date to $305M. Since its Series A, finally has shown annual revenue growth of 300%.

Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and concrete waste management services in the U.S. and U.K., announced that Brundage-Bone Concrete Pumping Holdings Inc. (the "Issuer"), a wholly-owned subsidiary of the Company, has amended and restated its existing ABL credit agreement (the “ABL Facility”) to provide up to $350 million (previously $225 million) of commitments and extend the maturity of the ABL Facility to September 6, 2029.

Itafos Inc. (TSX-V: IFOS) (“Itafos” or the “Company”) announced today that it has entered into an amendment of its existing credit facilities with a syndicate of lenders led by RBC Capital Markets, pursuant to which the Company will refinance its existing $85 million loan (with $35.4 million outstanding) and its $35 million letter of credit facility.

Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided debt financing and an equity co-investment in support of DFW Capital Partners' ("DFW") investment in B&A (the "Company"), a leading information technology systems integrator on behalf of government agencies.

Aggreko Energy Transition Solutions (ETS), a division of Aggreko, a global leader in energy solutions, today announced the successful closing of a $66 million term loan financing for a 88.5-megawatt (MWdc) diversified portfolio of C&I and community solar assets.

Buyerlink, a leading online auction marketplace for performance-based marketing, today announced it has secured a new $41 million debt facility with Citigroup (Citi). This new financing arrangement bolsters Buyerlink's capital structure, enabling it to continue to pursue growth strategies both organically and through strategic acquisitions.

Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger of a private unitranche facility to support Carlyle’s acquisition of Worldpac, Inc. (“Worldpac”), a formerly fully owned subsidiary of Advance Auto Parts, Inc.

Solifi, a global fintech software partner for secured finance firms, announced it was listed among the top fourteen Fast Track FinTech winners, as well as an IDC Fintech Top 100 company. The 21st annual vendor ranking recognizes the world’s leading hardware, software and service providers in the financial services industry.

Mitsubishi HC Capital America, a leading provider of financing solutions, announces a strategic relationship with the Seismic Group, a US-based leader in sustainability, supply chains, logistics, and procurement and PulPac, the technology owner and licensor of packaging comprised of dry molded fiber.

Alpine Ridge Funding ("ARF") is pleased to announce the closing of a $5 million senior secured credit facility to an East Coast based logistics provider of importing, freight forwarding and warehousing services nationwide and globally.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Ditron, Inc. (“Ditron”) and MSK Precision Products, Inc. (“MSK”) by PrecisionX Group (“PrecisionX”), an existing portfolio company of CORE Industrial Partners.

QuickFi® is honored to win Best Embedded Finance Solution at the 2024 Finovate Awards. QuickFi makes business equipment financing fast and efficient for global OEMs, banks, and small business borrowers.

Cerebro Capital recently announced they had facilitated over $150MM in financings for 13 companies. The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.

Cerebro Capital recently announced they had facilitated over $150MM in financings for 13 companies. The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.

First Citizens Bank today announced that its Energy Finance business served as co-lead arranger on a $300 million senior secured credit facility for Swift Current Energy, a leading North American clean energy platform.

- North Avenue Capital, a leader in innovative financing solutions for rural America, is making a significant addition to its lending products thereby extending its reach into urban and suburban communities. As of July 1, 2024, North Avenue Capital is now offering SBA 7(a) loans nationwide, doubling down on its government-guaranteed lending expertise while broadening its service to small businesses beyond rural America.

Wallis Bank is excited to announce the opening of its new full-service branch in Sugar Land, Texas. The branch officially opened on August 28, 2024, marking another significant milestone in Wallis Bank's commitment to supporting the growth and financial well-being of communities across Texas.

SLR Business Credit ("SLRBC") is pleased to announce the completion of a $2 million credit facility for Quantori. Based in Cambridge, Massachusetts, Quantori is a comprehensive digital IT service provider for the life sciences and healthcare sectors.

Cahill Gordon & Reindel LLP announced today that Dan Amato has joined the firm in New York, where he will serve as a partner in the Private Credit practice. Dan is the second partner to recently join Cahill’s fast-growing Private Credit practice, following Peter Williams’ arrival from KKR as Co-Head of the practice in July. ​