TSL Express Daily Articles & News

DecisionRx, Inc., a value-based healthcare company reducing the cost of care by helping physicians eliminate medication failure, today announced that it has entered into a $100 million credit facility with global investment firm Carlyle.

KeyBank has named Erica Choi Senior Vice President, Commercial Team Leader for the Capital Region. Choi joined KeyBank in 2020 and most recently served as Senior Commercial Relationship Manager. She has 20 plus years of leadership, business and banking experiences across both the public and private sector.

The Kroger Co. (NYSE: KR), its consumer product investment platform PearlRock Partners (“PearlRock”), and MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, today announced the formation of MPearlRock, a strategic collaboration to introduce emerging consumer packaged goods (“CPG”) brands to new customers.

eCapital Corp. (“eCapital” or “the Company”), a leading technology-enabled provider of financing to small and medium-sized businesses (SMBs) across North America and the U.K., announces the recent funding of a $16MM asset-based loan for a menswear brand apparel company.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, earned a top score of 100 (out of 100) on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI).

White Oak Commercial Finance, LLC (“WOCF”), an affiliate of White Oak Global Advisors, LLC, (“White Oak”) has closed a $25 million Senior Secured Facility (“Facility”) to a leading cold weather apparel supplier, engaged in the production and distribution of snow pants, jackets, base layers, and accessories.

White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, announced that it has provided a $10M senior factoring facility to a leading worker management software company. The facility will be used for working capital to help the company expand on the heels of its own successful equity raise.

SSG Capital Advisors, LLC (“SSG”) acted as investment banker to Winona Foods, Inc. (“Winona Foods” or the “Company”) in the private placement of a term loan. The term loan was placed alongside a revolving credit facility.

Citizens’ 2024 M&A Outlook revealed optimism around the environment for dealmaking activity this year, underpinned by solid expectations for the U.S. economy and a pop in enthusiasm, especially among buyers. The annual survey of 400 leaders at U.S. middle-market companies and private equity firms also uncovered notable trends related to interest in artificial intelligence (AI) assets, international dealmaking and the upcoming U.S. election that provide support for the upbeat forecast.

Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Sole Lender for senior secured credit facilities to support the leveraged buyout of Bellwether Media by Lineage Capital.

VINCI SA announces that it has entered into an agreement with a syndicate of 23 core relationship banks, which was signed on 9 January 2024, to amend its revolving credit facility.

Rail Vision Ltd. (the “Company”) (Nasdaq: RVSN), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced the establishment of a $6 million credit facility (the "Credit Facility") and an additional amount of up to $3 million, subject to certain conditions (the “Additional Loans”), with a global investment firm (the “Lender”).

Cambridge Wilkinson (“CW”) is pleased to announce the closing of the senior secured credit facility for a leading provider of supply chain finance. Our client has developed a vendor-finance platform designed to improve the financial performance of the supply chain.

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of two recent asset-based lending transactions totaling $8 million.

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of two recent asset-based lending transactions totaling $8 million.

eCapital Corp. ("eCapital" or "the Company") is pleased to announce the appointment of Kash Ahmad as Chief Credit Officer, Factoring Group. In this critical role, Ahmad, an experienced global finance expert, will be responsible for overseeing the credit and operational functions of the Company’s North American Factoring Group.

Blank Rome LLP is pleased to welcome a leading team of five attorneys to the firm’s White Collar Defense & Investigations group in New York, bolstering the firm’s litigation capabilities. Led by partners David Spears, Linda Imes, and Chris Dysard, the group includes associates Michael Donohue and Rebecca Orel, as well as four business professionals.

Franklin Capital, an independent A/R and PO finance company, proudly announces the appointment of Bob Corley as Credit Analyst. He brings an extensive background in financial analysis and a stellar track record.

Garrington Capital (garringtoncapital.com), a leading provider of capital solutions to middle- market companies in the United States and Canada, is pleased to announce the closing of a $1.2mm Senior Secured Term Loan (the “Loan”) to the US subsidiary of a multi-national manufacturer of spare parts for heavy-duty commercial vehicles.

Daniel O’Brien has joined Getzler Henrich & Associates, (getzlerhenrich.com) one of the nation’s oldest and most respected middle-market corporate restructuring and operations improvement firms, as a Managing Director in the firm’s New York Office.