TSL Express Daily Articles & News

Concord Financial Advisors announced it served as the exclusive financial advisor $25 million senior debt facility for ACMS Group, a leader in the industrial gas and power generation industries.

CapitalPlus Financial Services is proud to announce its recent support of a Philadelphia-based masonry contractor with a $560,000 factoring facility. This funding provides critical working capital, enabling the contractor to take on larger, more profitable contracts that were previously out of reach due to restrictive financing options from traditional banks.

Latham & Watkins LLP is pleased to announce that Jim Fogarty has joined the firm's New York office as a partner in the Structured Finance Practice. Fogarty represents private equity sponsors, private capital lenders, financial institutions, asset managers, and corporates in complex structured and securitization transactions.

Golub Capital BDC, Inc. (“GBDC” or the “Company”), a business development company (Nasdaq: GBDC), and Golub Capital, today announced a series of debt funding structure initiatives expected to reduce GBDC’s prospective borrowing costs and provide additional investment flexibility:

Granite Comfort (Granite), which provides essential services such as HVAC and plumbing infrastructure to residential customers in six states, today announced that it has entered into a new asset-backed credit facility with East-West Bank, the publicly traded (NASDAQ: EWBC) full service commercial bank headquartered in Pasadena, California.

Global law firm Clifford Chance has hired private equity partner Vince Ferrito following the recent arrivals of David Schultz and Matthew Hinker to its US Private Equity and Restructuring and Insolvency practices. All three partners joined from O'Melveny.

Bain Capital today announced it completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to $9 billion. This capital base includes Global Special Situations Fund II, which received $5.7 billion in total commitments, inclusive of co-investments and separately managed accounts, and $3.3 billion from the firm’s previously closed Special Situations Asia and Europe regional funds.

White Oak Global Advisors (“White Oak”), a private investment firm specializing in providing financing solutions to support the growth and business needs of small and medium enterprises, today announced a new partnership with the United Submarine Alliance (USA) Qualified Opportunity Fund LP.

Silver Point Capital, a global credit investing firm, today announced the final closing of Silver Point Specialty Credit Fund III, the latest fund in Silver Point's 21-year-old Direct Lending franchise. Inclusive of new commitments to other direct lending vehicles made during the fundraising period, the total capital raised for Specialty Credit Fund III (with anticipated leverage) surpassed $8.5 billion.

Solifi, a global fintech software partner for secured finance, has received an accolade for ESG Portfolio Strategist in the Digital Innovation of the Year (ESG) category at Leasing Life Awards 2024. Taking place in Milan, Italy on 14th November, the awards celebrate innovation and talent in the industry.

Global consulting firm J.S. Held, proudly celebrating 50 transformative years, announces that Brian Gleason, a 25+ year consulting and turnaround management expert, has been selected to the Turnaround Management Association (TMA) leadership team beginning January, 2025.

Republic’s Fast AR factoring solution delivered a $250,000 working capital solution that empowered the company’s founders with the financial freedom to not only match payroll demands but also support its growth initiatives in 2025.

SLR Equipment Finance (‘SLR EQF’) is pleased to announce Matt Colegrove has joined our company as Controller. In his position, Matt will play a key role in in building a strong Controllership and accounting team while overseeing business financials, managing treasury accounting and financial reporting.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that they have provided a $50 million exit financing to Basic Fun!, an industry leader in the design, development, and marketing of branded toys and imaginative play products to the retail and family entertainment channels.

Gordon Brothers, the global asset experts, will provide real estate consulting services in support of Kirkland’s Inc.’s store growth strategy following the payoff of the firm’s $12 million term loan.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that the Los Angeles Business Journal has named Marc Wolf, CPA, Partner, Financial Services Industry Leader – South/West, to its Top 100 Accountants list for 2024.

Flatbay Capital is proud to announce the addition of Stephanie Roehm, marketing representative and brand ambassador in the Dallas-Fort Worth area. Stephanie has extensive experience in real estate, sales and recruitment.

Beacon Pointe Advisors has hired Jon Frojen as Chief Financial Officer. Frojen departs from Osaic, formerly known as Advisor Group, and previously served as their Chief Financial Officer. Since 1985, Frojen has held various leadership positions, including CFO, VP, and Managing Director, across multiple companies.

Wyndham Hotels & Resorts has teamed up with investment firm Lafayette Square to provide diverse hoteliers with improved access to capital. Through an exclusive relationship, Wyndham will vet and directly connect qualified owners with Lafayette Square, which aims to help hoteliers with up to $100 million in combined financing from the firm over the coming years.

Debevoise & Plimpton LLP has advised Wm Morrison Supermarkets Limited (“Morrisons”) in the successful amendment and extension of the group’s term loan facilities and its revolving credit facility.