TSL Express Daily Articles & News

Agility Capital, an innovative lending company, announces the recent financing of Lifelink Systems, a rapidly growing, Bay Area based provider of healthcare patient engagement platforms. Agility partnered with Kiso Capital and Top Mark Capital Partners in this financing.

Force Ten Partners LLC (Force 10) announced today that it has helped secure bankruptcy court approval of the sale of Watsonville Community Hospital to the Pajaro Valley Healthcare District Project (PVHDP) and position the hospital for a financial and operational turnaround.

LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to support O2 Investment Partners’ investment in Capital Construction, LLC (“Capital”), and Capital’s subsequent investment in Irish Roofing & Exteriors, LLC (“Irish”).

Financial solutions firms Tradewind Finance and Finamco have announced a new partnership to improve factoring services for businesses in Colombia and the surrounding region. The two companies, which specialize in international factoring, a funding technique that converts receivables into capital, will combine their expertise in trade finance and their local and global networks to ensure accessible, effective, and premier financing for Colombian and other Latin American enterprises.

Origin Bancorp, Inc. (Nasdaq: OBNK) ("Origin" or the “Company”), the holding company for Origin Bank, Choudrant, Louisiana, and BT Holdings, Inc. ("BTH"), the holding company for BTH Bank, N.A., Quitman, Texas, today jointly announced the signing of an Agreement and Plan of Merger (the “Merger Agreement”) under which Origin will acquire BTH in an all-stock transaction valued at approximately $313.5 million based upon Origin’s closing stock price of $44.52 on February 23, 2022.

H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with over $47 billion of equity capital under management, is pleased to announce that its affiliate, H.I.G. Realty Partners, has originated a loan to finance The Paxton (the “Property”), a 43-story mixed-use development located in Downtown Brooklyn, New York.

Academy Bank, a full-service community bank and wholly owned subsidiary of Dickinson Financial Corp., today announces it has expanded its business banking team in the Greater Phoenix area. Twenty-year industry veteran Pam McConlogue is joining Academy Bank as Vice President of Business Banking as a part of the bank’s continued commitment to excellence in business services and banking. McConlogue is responsible for growing and retaining profitable business banking relationships by providing successful financial solutions.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has been recognized by Global M&A Network as the Transactions Advisor of the Year during the 13th Annual Americas M&A Atlas Awards celebrations. Additionally, CohnReznick earned awards for U.S.A. Private Equity Deal of the Year – Middle Markets and Health Care Deal of the Year.

New York: Leading international law firm Clifford Chance has advised on the issuance of US$400 million senior unsecured notes offering by Oxford Finance LLC (Oxford) and its wholly-owned subsidiary and co-issuer Oxford Finance Co-Issuer II Inc.

Celtic Capital Corporation today announced its most recent new client relationship – a Washington-based steel fabrication and installation business. This business had not been financing but needed some funds to help fuel its expected growth in 2022.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Jonathan Katz has joined the firm as Managing Director of Originations. Katz will be based in Toronto and is responsible for the continued expansion of the firm’s origination efforts across Canada.

The Maurice A. Deane School of Law at Hofstra University has named Nicholas Tramposch as the recipient of the 2021-2022 Moritt Hock & Hamroff Business Law Honors Fellowship and Rachel November as the recipient of the 2021-2022 Marc Hamroff Annual Scholarship. The Fellowship is awarded to an incoming law student who has demonstrated outstanding academic achievements and an interest in pursuing a career in business law. The Scholarship is awarded to a deserving entering student on the basis of demonstrated academic achievement and/or financial need.

Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it that it has entered into a $200 million unsecured revolving credit facility (the “Credit Facility”) with a syndicate of lenders. The Credit Facility matures on February 24, 2023. The Credit Facility replaces the Company’s $170 million unsecured revolving credit facility that was scheduled to mature on February 25, 2022.

Troutman Pepper Partner Chris Araujo has been selected to participate in the Leadership Council on Legal Diversity (LCLD) 2022 Fellows Program, and Associates Adrian Boddie and Sasha Robertson have been named to the 2022 LCLD Pathfinder Program. LCLD seeks to create a more diverse and inclusive legal profession with more than 400 members, including corporate chief legal officers and law firm managing partners.

According to Chubb and NCMM's 2021 Year-End Middle Market Indicator (MMI), more than a third (35%) of middle market firms rank increased risks among the top three most difficult aspects of running their business in the current environment.

Monroe Capital today announced record investment activity for 2021. The firm closed in excess of $6.3 billion in new financing commitments across 131 separate transactions. Monroe’s assets under management increased by 35% to $12.7 billion as of December 31, 2021. In addition, the firm closed on over $4 billion of new capital for investments.

Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $3,291,085 in ABL/factoring financial solutions for 14 new clients; Crestmark Equipment Finance provided $24,477,897 in seven new transactions; Crestmark Vendor Finance provided $5,096,070 in 40 new transactions in the first half of February.

J D Factors announces it has provided the following factoring facilities: $250,000 to a transportation company in Nova Scotia; $300,000 to a transportation company in Illinois; $250,000 to a transportation company in Illinois; $100,000 to a transportation company in Ontario.

Yieldstreet, a leading digital alternative investment platform dedicated to providing access to exclusive private market opportunities, today announced the launch of its Growth & Income REIT giving investors greater access to the booming multibillion-dollar U.S. housing market.

Horizon Technology Finance Management LLC ("Horizon" or "the Adviser"), a registered investment adviser that underwrites and manages secured loans made to companies in the technology, life science, healthcare information and services, and sustainability industries, and the manager and adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN), today announced two senior-level promotions within its business development team.