TSL Express Daily Articles & News

​Huntington Business Credit announced it closed a $13,000,000 in new credit facilities with C&K Industrial Services, Inc. on December 28, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

BankFinancial Corporation (Nasdaq: BFIN) announced today that it expanded its Board of Directors with the election of Mr. Aaron O’Connor and Mr. Benjamin Mackovak.

Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced that it has expanded its line of credit from East West Bank to $7.5 million.

KKR, a leading global investment firm, today released “Loud and Clear,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

A hardware and software company secured a large order from a Canadian distributor but encountered a shortfall in working capital to acquire the required inventory. Not willing to miss out on this chance, a finance broker recommended Gateway Trade Funding.

Global law firm Hogan Lovells announced today that Rupa Briggs has joined as a capital markets partner in the firm’s Corporate & Finance practice group in the New York office. Rupa joins from Cooley, where she represented issuers and investment banks in capital markets transactions.

Citizens Financial Group, Inc. (NYSE: CFG) today unveiled a number of changes aimed at accelerating the growth of its Wealth Management and Private Banking business to serve the entire spectrum of wealth clients, from mass affluent to ultra-high net worth and family offices.

Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, is pleased to announce that it has completed a new growth capital investment in ClearOne Advantage, LLC (“ClearOne” or the “Company”), a Baltimore-based debt resolution services provider. Comvest has been a capital provider to ClearOne since 2017.

FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Shubho Ghosh as a Senior Managing Director and Nishi Anand, Dr. Nancy Greenlee and Nirjhar Ray as Managing Directors in the Digital Transformation offering within the firm’s Corporate Finance & Restructuring segment.

Silver Creek Capital Management (“Silver Creek” or the “Firm”), an alternative investment boutique focused on developing unique investment solutions for institutional and sophisticated investors globally, announced today that David Matter has joined the Firm as Co-Chief Investment Officer.

Referred to Sallyport by an industry peer during a pivotal acquisition phase, we presented diverse financing options tailored to the business's unique needs. The facility not only enhanced liquidity throughout the acquisition, covering international debtors, but also positioned the company with the necessary working capital for ambitious expansion plans both domestically and globally.

When a swimwear manufacturer outgrew its lender and sought a larger factoring facility, it partnered with Republic Business Credit. Republic was the ideal partn­er, providing the company with a larger factoring facility and more customer credit support than its previous factor, ahead of an oversold spring season.

NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today announced the Company has entered into a credit agreement with its existing lenders comprised of (a) $12,500,000 in new money term loans which have already been approved for funding pursuant to the February 5 interim order of the U.S. Bankruptcy court approving the credit facility.

Greystone announced that Debby Jenkins and Mordecai Rosenberg have been appointed Co-Presidents of the firm’s comprehensive lending business platform, effective immediately, and will report directly to Steve Rosenberg, founder and CEO of Greystone.

Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, and Lunate, a global alternative investment manager headquartered in Abu Dhabi, managing US$105 billion in assets, announced today a joint venture to provide growth capital to leading mid-sized private capital GPs.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has been recognized with two awards by Global M&A Network at its 15th annual Americas M&A Atlas Awards. The firm earned awards for U.S.A. Private Equity Deal of the Year | Small Markets and Hospitality & Services Private Equity Deal of the Year. Award winners were announced during the 15th Annual Americas M&A Atlas

PlainsCapital Bank recently announced that Andrew Cunningham, CFA®, CMT®, ChFC® has been named Senior Vice President, Chief Investment Officer of The Private Bank at PlainsCapital.

Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $20 million in equipment financing to Formlogic, a provider of autonomous precision manufacturing services intended for space companies.

Boxwood Partners continued its growth trajectory in 2023 as the premier advisor for middle market clients across the franchising, residential services, commercial and industrial services, health and wellness, and business services sectors. Taking 17 deals across the finish line in 2023, the trusted boutique investment bank projects another banner year for M&A activity in 2024.

The transaction will be financed by cash on hand and committed debt financing of $3 billion provided by Morgan Stanley Senior Funding, Inc. Following the closing, Masonite will operate as a reportable segment and will maintain Masonite’s brands and a presence in Tampa, Florida.