TSL Express Daily Articles & News

Eric William Anderson, age 63, of Atlanta, Georgia, passed away peacefully in his home on May 30, 2024. He was born on May 24, 1961, in Madison, Wisconsin, to Eleanor Shefferman and Norman Anderson. He is survived by his wife, Ellen; his children, Ian, Henry, and Eva; and his grandchildren, Bowen and Brooks.

Raketech Group Holding Plc (Nasdaq:RAKE), the iGaming performance marketing partner is pleased to announce that the company has signed a revolving credit facility (RCF) with Bank of Valletta, one of the largest banks in Malta, partially owned by the Maltese government.

First Citizens BancShares Inc. (Nasdaq: FCNCA), parent company of First Citizens Bank, today was named for the first time to the Fortune 500™ list of the largest companies in the United States by revenue.

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of CargoBarn by Sheer Logistics, an existing portfolio company of Woodlawn Partners.

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, is pleased to announce that Angela Conti will be joining the leadership team as Head of Consumer and Small Business Banking.

Beacon Pointe Advisors ("Beacon Pointe") announces its recent partnership with Joslin Capital Advisors ("Joslin Capital"). Based in Redmond, Washington, Joslin Capital is Beacon Pointe's second RIA acquisition of 2024 and brings approximately $775M in client assets under advisement to Beacon Pointe.

Nassau Financial Group (“Nassau”), a leading provider of fixed annuities and asset management, and Golub Capital, a market-leading direct lender and experienced credit asset manager, today announced they have signed a definitive agreement to enter into a strategic partnership.

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 has appointed Carlos Acedo as the Company’s Vice President of Finance. Mr. Acedo will report to Legacy Chief Executive Officer Clark Griffith and will play a key role in shaping the financial strategies of the company.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

Since early 2000, our customized participation and lending programs allow our factors and ABL to service larger transactions than concentration limitations or capital allows.

UMB Capital Finance has announced the closing of a $22,500,000 senior credit facility for a Texas-based food processing business. The company was acquired in an all-equity transaction by a private investor group in late 2023.

Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $30.8 million senior secured credit facility to a midwestern-based premier manufacturer and distributor of cabinet components and wood products for the Recreational Vehicle, cabinetry, and residential kitchen & bath industries.

Stonebriar is pleased to announce a substantial capital commitment of $300 million to Accelerated Mobile Power ("AMP"), facilitating the acquisition of leading-edge low emissions mobile power generation assets. This strategic partnership underscores Stonebriar's dedication to driving economic growth and advancing technological innovation.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, is pleased to announce the recent upsize of its investment-grade corporate note financing.