TSL Express Daily Articles & News

Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $60 million in growth capital to Metabolon, a global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic development, and precision medicine applications.

Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, successfully closed its fourth partnership under the GarageCo Holdings, LLC (“GarageCo” or “the Company”) platform, with Cedar Park Overhead Doors (“Cedar Park”).

In this role, Smith oversees Real Estate Services’ daily operations through the implementation of streamlined processes, procedures and methodologies and enhancing the operational platform to provide full life cycle portfolio optimization services to retail, office, commercial and industrial clients.

This deal was secured by the company's main operating headquarters located in one of Houston’s historically underutilized business zones (HUBZones).

Goba Capital is an alternative financing company based in Miami, FL, specializing in providing working capital solutions. With a focus on innovation and flexibility, we offer tailored financial services designed to meet the diverse needs of businesses across various industries and locations.

Apellis Pharmaceuticals, Inc. (Nasdaq: APLS), today announced that it has entered into a non-dilutive, senior secured credit facility with Sixth Street, a leading global investment firm, of up to $475 million, with approximately $375 million funded at close. Apellis can draw down an additional $100 million under the facility at the company’s option prior to September 2025, subject to satisfaction of certain conditions. Additionally, the Sixth Street agreement also permits Apellis to access $100 million through a separate third-party working capital facility.

Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $25 million in growth capital to Elevate K-12 ("Elevate"), a Chicago-based company that provides high-quality synchronous LIVE teaching for K-12 classrooms in the United States.

Citizens Financial Group, Inc. (NYSE: CFG) today announced that Jim Weiss has joined Citizens as Florida market president to bring additional local focus and expertise as Citizens continues to grow its presence in Florida.

An online auction hosted by Tiger Group on May 21 features the highest-quality rental and production-ready AV gear to be sold in North America, the company announced.

Amerisource Business Capital announced the closing and funding of a $2,500,000 working capital facility for a Utah-based commercial printer. The proceeds were used to support the company’s recent significant growth.

eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, announced the recent completion of a $10 million factoring facility for a prominent Canada-based staffing company specializing in the recruitment and management of talent in the global energy sector.

Gordon Brothers, the global asset experts, opened two new offices in Dubai and Auckland, expanding the firm’s presence in the Middle East and Asia Pacific. Gordon Brothers has been active in the Middle East since 2023 and provides holistic solutions across asset services and trading to retail and industrial clients in the region with a focus on servicing companies, financial institutions and their advisors.

Womble Bond Dickinson (US) LLP announced today that Merrick Benn has been elected US Chair and CEO, effective January 1, 2025. Currently a member of the firm’s Global Board, Benn will succeed Betty Temple, who has served as US Chair and CEO since 2016. They will work closely with the Firm Management Committee to ensure a successful transition.

Website-building platform Squarespace has lined up $2.65 billion in private credit financing to support its $6.9 billion all-cash take-private by Permira. Blackstone Credit & Insurance is lead left arranger and Blue Owl Capital and Ares Capital Corp. are joint lead arrangers on the transaction financing, according to a May 13 company statement.

Berry Global Group, Inc. (NYSE: BERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the pricing of a private placement launched May 13, 2024, by its wholly owned subsidiary, Berry Global, Inc. (the “Issuer”).

Aequum Capital is pleased to announce it recently provided a $5MM revolving credit facility and $4.3MM term loan to a Midwest-based manufacturing company. The proceeds of the facilities were used to refinance the Company's Main Street Loan ("MSL") which was facing a near term maturity. In addition, the MSL prevented the Company from accessing a working capital line of credit

Insight Enterprises, Inc. (NASDAQ: NSIT) (the “Company”) announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Senior Notes due 2032 (the “notes”). The Company expects to use the net proceeds of the offering to repay a portion of the outstanding borrowings under its senior secured revolving credit facility due 2027 and, to the extent of any remaining net proceeds, for general corporate purposes.

Haventus, owner of Ardersier Port, has secured a £100 million joint credit facility from the Scottish National Investment Bank and UK Infrastructure Bank (UKIB), with £50 million investments from each.

BHG Financial (BHG), a national provider of innovative financial solutions to professionals, consumers, and financial institutions for over 23 years, announced today the promotion of three key executives in risk and regulatory relations.

Citizens today announced that it led a $105 million credit facility, which included a $75 million term loan and a $30 million revolving line of credit, for Style Crest Enterprises to help the company refinance existing debt and fund acquisitions. Citizens was Lead Left bookrunner and administrative agent.