TSL Express Daily Articles & News

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Runway Growth Capital LLC ("Runway" or the "Company"), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, announced today that it has hired Brad Pritchard as Managing Director, Technology.

Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce that it has entered into a promissory note (the "Note") with Auramet International LLC ("Auramet") in connection with a one-year USD $5.0 million loan facility (the "Facility").

Performant Capital announced today that it has formed Provider Technology, LLC (“Provider Technology”) through the acquisitions of DavLong Business Solutions LLC and its affiliate Administrative Advantage LLC (collectively, “DBS”) and On Demand Solutions Inc. (“ODS”).

The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that its treasurer and longtime finance leader, Randall King, will retire from the company, effective Sept. 1. During his 39-year career with PNC, King has played key roles in helping manage PNC’s liquidity and capital strategies through periods of growth and transformation, including serving as treasurer through the acquisition of BBVA USA.

Axonic Capital, New York-based structured credit, commercial real estate and systematic fixed income specialist with $4.8 billion in assets under management, announced the first closing of its inaugural Private Credit Offering in the middle of July. The strategy will hold subsequent closings throughout the remainder of the year.

This initial recapitalization empowers DigniFi to execute its three-year growth strategy centered on operational stability, product development and commercialization, and expansion into transportation-adjacent markets and ecosystems.

CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided a loan to TruAmerica Multifamily for the acquisition of The Park at Napoli Apartments in Winter Park, Florida. The Park at Napoli is a multifamily apartment complex comprising 238 units across 15 two-story buildings.

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $50 billion of equity capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Barton & Associates Inc. (“Barton” or the “Company”), a leading healthcare staffing company focused on locum tenens with additional capabilities in travel nursing, allied healthcare, and government-related physician staffing markets.

Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA) and its wholly owned subsidiary Touchstone Bank (the "Bank"), today announced the appointment of Michelle H. Simon as Senior Vice President and Marketing Director at the Bank. Simon will be responsible for leading key priorities such as designing and implementing marketing strategies, directing sales initiatives, and improving brand awareness. Simon began her new role with Touchstone Bank in mid-July 2022.

Independent Bank Group, Inc. (NASDAQ: IBTX) today announced the appointment of Paul Langdale as Chief Financial Officer. Mr. Langdale is replacing Michelle Hickox, who has served as Chief Financial Officer of Independent Bank Group, Inc., and its subsidiary Independent Bank since 2012. Ms. Hickox will remain employed in an advisory capacity to facilitate the transition until October 1, 2022.

Tikehau Capital (Paris:TKO), the global alternative asset manager, today announces that it has raised a record €3.3bn for the fifth generation of its direct lending strategy. The fundraise comprises Tikehau Direct Lending V (“TDL V”), the flagship vehicle for the Group’s direct lending strategy, which has reached a final close, and bespoke mandates and side vehicles.

MUFG, one of the world's leading financial groups, today announced that Denis McHugh will join the company as Chief Risk Officer for MUFG Securities Americas Inc. and Market Risk Management Officer for MUFG Americas Holdings Corporation, effective August 30, 2022.

Ryan Post joined SLR Equipment Finance as Vice President - Risk. In his new role, Ryan will utilize his prior experience in credit analysis and financial services to help expand and grow SLR Equipment Finance’s evolving financial solutions platform.

North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lessor headquartered in Norwalk, Connecticut, announced today that the company crossed the $1 billion mark in total originations since its recapitalization by an affiliate of Wafra Capital Partners, Inc. (WCP).

Recycling and waste-disposal companies can acquire shredders, incinerators and other useful machinery and equipment in an immediate sale by Tiger Group and Perry Videx.

Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce it has strengthened its balance sheet and increased its liquidity by amending its existing credit facility.

Avient Corporation (NYSE: AVNT) ("Avient"), a leading provider of specialized and sustainable solutions, today announced it has finalized the debt financing to fund its pending acquisition of DSM Protective Materials (including the Dyneema® brand) ("Dyneema"), which is expected to close on September 1, 2022.

Australis Capital Inc. (CSE:AUSA) (OTCQB:AUSAF) ("AUSA", "AUDACIOUS", or the "Company"), today announced that the Company has entered into a credit facility with Lola Ventures ("Lola"), an entity controlled by Company CEO Terry Booth. The facility will make up to $2.5 million available to the Company, earmarked for general working capital purposes, including fueling AUDACIOUS' growth initiatives.

Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $5.9 billion in U.S. direct lending commitments across 58 transactions during the second quarter of 2022 and approximately $31.8 billion in direct lending commitments across 259 transactions in the last twelve-month period ended June 30, 2022.