TSL Express Daily Articles & News

Latham & Watkins LLP is pleased to announce that Emily Johnson and Mark Stagliano have joined the firm as partners in the New York office. Johnson joins the Banking & Private Credit and Capital Markets practices, while Stagliano joins the Mergers & Acquisitions and Private Equity Practice.

Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with ~$4.5 billion in assets under management (“AUM”), is pleased to announce that Michael Karangelen has joined as Managing Director and a member of the firm’s Executive Committee and various Investment Committees.

Manulife | Comvest Credit Partners, the private credit platform of Manulife Wealth & Asset Management, today announced that it is acting as administrative agent and sole lender on a $130 million senior secured credit facility for the Sylmar Group ("Sylmar" or "the Company"). Based in Los Angeles, Sylmar specializes in acquiring and growing businesses in the water and wastewater sectors.

Monroe Capital LLC (“Monroe”) announced it acted as lead left, administrative agent on the funding of a senior credit facility to support the acquisition of WGI, Inc. (“WGI”) by private equity sponsor First Reserve.

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of two recourse factoring deals $4 million.

Transparency Analytics (or “the Company”), a financial benchmarking business focused on private credit, today announced that it has appointed experienced private credit ratings sales executive Gregory Rauscher as Vice President of Sales. Rauscher will lead Transparency Analytics’ client outreach across private credit, corporate credit, and institutional investors, advancing the Company’s transparent, quantitative, and technology-driven approach to assessing issuer credit risk.

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of two recourse factoring deals $4 million. A California-based design studio and furniture manufacturer specializing in handcrafted, made-to-order pieces was looking for funding against its largest customer as well as funding to support growth as the company added customers.

Hidden River Strategic Capital ("Hidden River") today announced that its portfolio company, Somersault, has expanded into California with the acquisition of six The Little Gym locations across the South Bay and San Jose markets.

MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided a $44,000,000 bridge loan to three seniors housing communities in Illinois. The financing was originated by MONTICELLOAM Senior Managing Director Karina Davydov.

Cambridge Savings Bank (CSB) today announced it has expanded and extended its revolving credit facility for Crave Better Foods, LLC, increasing available borrowing capacity by over 90% as the company enters its next phase of profitable growth. The expanded facility follows the successful maturation of the prior credit line in January 2026 and reflects CSB’s continued confidence in Crave Better Foods’ long-term strategy.

Gracie Point Holdings, LLC ("Gracie Point"), a holding company that builds industry-leading specialty finance companies, today announced it has secured a $250 million warehouse facility from Goldman Sachs Bank USA.

Wells Fargo & Company (NYSE: WFC) today announced that Dennis Devine has been named the company’s new head of Business Banking, effective today. In this role, Devine will lead the Business Banking team, which serves the financial needs of business owners with annual sales of up to $25 million

Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today announced the Company increased its existing syndicated credit facility led by Valley National Bank by $50 million, bringing the total facility to $189 million.

VSS Capital Partners (“VSS”), a leading private investment firm specializing in the healthcare, education, and business services sectors, today announced the promotions of Brad Corbin to Managing Director, Aditya Govil and Sai Parepally to Principals, Jon-Michael Beckelman to Vice President, Jack Lewin to Senior Associate and Dan Miyoshi to Assistant Controller.

Gordon Brothers, the global asset experts, served as international agent for a $126 million facility to support Valore Holdings’ (Valore) acquisition of Mirai Casting Group (Mirai), a leading international Tier 1 supplier of automotive casting products major U.S., Japanese and European original equipment manufacturers.

Blank Rome LLP is pleased to announce that Robert P. “Bob” Zinn and Megan A. Wotherspoon have joined the firm’s Pittsburgh office as partners in the Corporate, M&A, and Securities group and the Financial Services industry team. They join Blank Rome from K&L Gates, where Bob co-led its firm-wide corporate practice from 2007 to 2023 and was a founder of its manufacturing and FinTech industry groups.

Republic Business Credit provided a $2 million factoring facility to a West Coast-based small business that supplies parts for the U.S. automotive industry. The financing optimizes the Company's working capital by enabling extended customer payment terms that align with industry standards.

eCapital Corp. (“eCapital”), a tech-enabled specialty finance provider serving small and midsize businesses across North America and the United Kingdom, today announced that the eCapital Transportation Group has entered a strategic partnership with 123Loadboard. As one of North America’s longest-running digital freight-matching platforms, 123Loadboard is known for helping carriers and brokers find loads and keep trucks moving.

Tiger Finance has provided a $15 million revolving credit facility to Ashley Stewart, the women’s fashion and lifestyle brand founded in Brooklyn in 1991. The financing enhances the company’s liquidity position and will support ongoing growth initiatives under new ownership.

Honigman LLP announced today that Alexander (Alex) Moss and Injune Park have joined the firm’s nationally recognized Private Equity Practice in the firm’s Corporate Department. Marking the seventh and eighth partners to join the firm this year, Park and Moss both join Honigman’s private equity practice from Benesch, Friedlander, Coplan & Aronoff on the heels of George Stowe, who also joined Honigman from the same firm last fall.