TSL Express Daily Articles & News

Howard-Sloan Search, Inc. (“Howard-Sloan”), a leading New York-based direct hire staffing firm operating for over sixty-five (65) years, developed a temporary staffing vertical.

Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan of $40 million to Elevate Services, Inc. ("Elevate"), a global law company providing software and services to law departments

Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce the sale of Vital Plastics, Inc. (“Vital Plastics” or the “Company”), a high-volume manufacturer and assembler of injection molded plastic products, to Wolverine Capital Partners (“Wolverine Capital”).

Audax Private Debt (“Audax”) announced that, as Administrative Agent and Lead Arranger, it provided a unitranche credit facility to support Incline Equity Partners (“Incline”) in their acquisition of GME Supply Co. (“GME” or the “Company”), a leading omni-channel distributor of fall protection, safety, and productivity equipment.

ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communication services, today announced the completion of a $300 million debt financing that includes extending, and expanding its senior secured credit facilities, consisting of a five-year $170 million revolving line of credit and a six-year $130 million term loan.

UMB Financial Corporation (Nasdaq: UMBF) has announced the appointment of Phil Mason to the role of president, Institutional Banking. Brian Hutchin has been promoted to fill Mason’s prior role of director of UMB Healthcare Services.

Global investment firm, Carlyle (NASDAQ: CG), today announced it has closed a $175 million term loan to New Regency, a leading independent, founder-owned global entertainment company that creates and distributes film, television and documentary content across all platforms.

CIBC Innovation Banking is pleased to announce it has provided growth capital financing to ConnectCPA, an industry leading provider of cloud-based accounting and bookkeeping services. The financing will be used to propel ConnectCPA's product development and expand its market footprint.

BHI, a full-service commercial bank, announced that it has provided a $27,343,317 Senior Secured construction loan to 13th Floor Homes LLC to finance enhancements to and completion of Villas of Torino, a multi-family townhome community located in Port St. Lucie, Florida.

JPalmer Collective, an asset-based lending company empowering consumer brands with personalized financing solutions that fuel sustainable growth, today announced the appointment of Gerald Joseph, founder of Gerber Finance, as Chairman of the company’s Advisory Board. Joseph brings over 27 years of experience and a wealth of knowledge to the role.

JPalmer Collective, an asset-based lending company committed to funding high-growth, women-led and natural products companies today announced the closing of a line of credit up to $1,000,000 to Cook San Francisco, LLC, dba Nona Lim, a woman-owned producer of fresh, convenient better-for-you noodles, broths and stir-fry kits based in San Francisco.

Coty Inc. (NYSE: COTY) (“Coty” or “the Company”), announced today that it has successfully completed the refinancing of its existing $2.0 billion revolving credit facility (the “Revolving Credit Facility”). The over-subscribed refinancing extends maturity until July 2028 at the same terms to existing facilities and welcomes a strong group of top-tier existing and new creditors into our facilities.

Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Ares has entered into a definitive agreement to acquire 100% of Crescent Point Capital (“CPC”), a leading Asia-focused private equity firm with approximately $3.8 billion of assets under management, as of March 31, 2023.

Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Nick Pavlidis has joined the firm as a Managing Director in its Consumer, Food & Retail Group. Mr. Pavlidis will focus on the consumer household sector, further strengthening the firm’s coverage for its corporate and financial-sponsor-backed clients. He is based in Houlihan Lokey’s Chicago office.

Angelo Gordon, a $73* billion alternative investment firm focused on credit and real estate investing, today announced the final close of the AG Asset Based Credit Fund, L.P. (the “Fund”) with over $1 billion of equity commitments, exceeding its $800 million target. The

High Ridge Aviation – the strategic commercial aviation finance platform – is taking aviation finance to new heights, announcing a seven-year senior secured warehouse facility with an initial committed amount of $500 million.

First Citizens Bank today announced that its Energy Finance group, part of the CIT division, served as the Coordinating Lead Arranger on a $70.4 million construction and term loan financing facility for two standalone battery energy storage projects in Texas, totaling 160 megawatts (MW) / 320 megawatt-hours (MWh). BankUnited N.A. and Siemens Financial Services participated as Joint Lead Arrangers in the financing.

Lighthouse Financial Corp. is pleased to announce the addition of Austin Campbell to the team as Collateral Analyst & Marketing Associate. In this role, Mr. Campbell will support the operations, account management, and marketing functions at Lighthouse.

Tradewind Finance, an international trade finance firm with headquarters in Germany, has successfully entered the bunker market, delivering a USD 2 million credit facility for an international bunker trader.

Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, is pleased to announce that its Healthcare Leveraged Lending Group closed a strong first half of 2023, providing approximately $1 billion of commitments across 13 new platform investments and supporting multiple follow-on investments by portfolio companies.