TSL Express Daily Articles & News

  • Monroe Capital Announces $250 Million Forward Flow Purchase of Consumer Recreational Vehicle and Marine Loans from Source One Financial Services, LLC
    May 20, 2025
    Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Source One Financial Services, LLC (“Source One”) to originate and purchase consumer recreational vehicle (“RV”) and marine loans. The initial pool is expected to be $250 million.
  • Tornado Completes Strategic Acquisition of CustomVac and Amends TD Credit Facility
    May 19, 2025
    Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF), a leading manufacturer of specialized infrastructure and excavation equipment, is pleased to announce the closing of the acquisition (the “Acquisition”) of all the issued and outstanding shares in the capital of Custom Vacuum Services Ltd. (“CustomVac”) from 2624795 Alberta Ltd., an arm’s length party (the “Vendor”), pursuant to a share purchase agreement signed and dated today,
  • Beauty Brand Receives a $2,000,000 Facility From Prestige Capital
    May 19, 2025
    A leading beauty branding company recently secured a partnership with a celebrity, resulting in a surge in sales and a need for additional financial support. Referred by a member of a consumer product network, the company turned to Rachel Hersh, Sales Director North America at Prestige Capital, for assistance.
  • Exro Announces US$30 Million Credit Facility, Plan to Seek Debentureholder Consent, and Strategic Review Process
    May 19, 2025
    Exro Technologies Inc. (TSX: EXRO) ("Exro" or the "Company"), a leading clean technology company specializing in power control solutions for electric vehicles and energy storage, is pleased to announce a funding commitment from a long-term institutional shareholder (the "Lender") to provide up to US$30 million pursuant to a senior secured loan facility (the "Facility").
  • Zenzic Development Finance Secures £45 Million Credit Facility
    May 19, 2025
    Zenzic Development Finance (ZDF), the residential development finance arm of Zenzic Capital, has obtained a three-year funding facility of up to £45 million from Cynergy Bank.
  • Anthropic Closes $2.5 Billion Credit Facility as Wall Street Continues Plunging Money Into AI Boom
    May 19, 2025
    Earlier this week, Anthropic received a $2.5 billion, five-year revolving credit line to amp up its liquidity in an ever-expanding — and expensive — competition in the artificial intelligence industry.
  • CIBC Innovation Banking Provides ContactMonkey with Growth Capital Financing
    May 19, 2025
    CIBC Innovation Banking announced today that it has provided growth capital financing to ContactMonkey, a portfolio company of Updata Partners. The company will use the financing to continue growing its reach globally and expand product offerings to new and existing customers around the world.
  • Blue Owl Capital Announces $7 Billion Final Close for Digital Infrastructure Fund
    May 19, 2025
    Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today the final close of its most recent digital infrastructure fund, Blue Owl Digital Infrastructure Fund III ("ODI III") with $7 billion of total capital commitments. ODI III exceeded the original target of $4 billion and hit its hard cap.
  • GreenPower Closes First Tranche of Term Loan Offering
    May 19, 2025
    GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) ("GreenPower" and the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the closing of the first tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $500,000 (the "Initial Loan"). Please refer to the Company's news release dated May 13, 2025 for more details regarding the term loan offering.
  • Austin Financial Services Closes a $5MM AR Revolver Facility for PE-Owned Tree Services Company
    May 19, 2025
    Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $5 million accounts receivable revolver facility for a private equity-owned commercial tree services company providing comprehensive vegetation management and brush maintenance services across the Pacific Northwest.
  • 2025 Key Sponsor Highlight: Avant Advisory Group
    May 19, 2025
    Avant Advisory Group is a premier, operationally focused financial advisory and management consulting firm. We focus on middle-market companies by combining our financial and operating skills with Big 4 firm and senior management industry experience to identify and implement value opportunities that increase cash flow, profitability, and EBITDA.
  • CohnReznick Brings on Managing Director Walker to Lead Data & AI Practice
    May 19, 2025
    CohnReznick, a leading professional services firm, today announced that Melissa (Mel) Walker has joined as Managing Director – Data & AI Practice Leader. Walker has specific expertise developing and implementing strategic roadmaps to fuel innovation, advance business goals, and drive sustainable growth for clients.
  • Derivatives Lawyer Edward So Joins Hogan Lovells in New York
    May 19, 2025
    Hogan Lovells announced today that Edward So has joined the firm's Corporate & Finance practice as a partner in the New York office and Head of Derivatives - Americas. Joining from White & Case, So focuses on derivatives transactions over a wide spectrum of asset classes, including cash and synthetic fixed income, rates, equity, credit, commodity, and FX products.
  • Steeplechase Advisors Adds Michael Ganann as Senior Advisor in Boston Office
    May 19, 2025
    Steeplechase Advisors, LLC (www.steeplechasemn.com) is a nationally recognized turnaround consulting, restructuring and transaction advisory firm focusing extensively on serving middle market businesses. As part of our continued growth, Steeplechase is pleased to welcome Mr. Michael Ganann as a Senior Advisor to our team. Mr. Ganann is a long- time member of the finance community of Boston, MA.
  • Toorak Awarded RMBS Deal of the Year at 2025 GlobalCapital US Securitization Awards
    May 19, 2025
    Toorak Capital Partners (“Toorak”), a tech-enabled investment manager of business purpose mortgage loans, was awarded RMBS Deal of the Year at the 2025 GlobalCapital US Securitization Awards for its successful execution of Toorak 2024-RRTL1, the first-ever rated residential transition loan (“RTL”) securitization.
  • Trinity Capital Inc. Provides $15 Million in Growth Capital to Lendflow
    May 19, 2025
    Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to Lendflow, a software development company that provides embedded credit infrastructure to fintechs, lenders, and vertical software-as-a-service (SaaS) companies.
  • Light & Wonder Completes Acquisition of Grover Gaming's Charitable Gaming Assets
    May 19, 2025
    Grover Gaming, Inc. and G2 Gaming, Inc. (together, "Grover Gaming") announced today that it has completed the sale of its charitable gaming assets ("Grover Charitable Gaming") for a total consideration of up to $1.05 billion to Light & Wonder, Inc. ("Light & Wonder," or "L&W").
  • EBSC Lending Closes $33M Bridge Loan for Build-to-Rent Community in Denver Suburb
    May 19, 2025
    EBSC Lending, the financing division of Elite Business Service, has finalized a $33 million bridge loan for a 170-unit build-to-rent community in Glendale, Colorado, a suburb of Denver. The new funding replaces a $19 million construction loan secured from another lender in 2022.
  • Mitsubishi HC Capital Canada Expands Technology Finance Team, Hires Industry Expert Bojan Janjic
    May 16, 2025
    Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce the hiring of Bojan Janjic as a new strategic account executive for the company’s growing technology division.
  • SSG Advises MacPherson's in the Sale of Select Assets to Blick Art Materials
    May 16, 2025
    SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Art Supply Enterprises, Inc. d/b/a MacPherson’s Art Supply (the “Company” or “MacPherson’s”) in the sale of all inventory and intellectual property assets to Blick Art Materials, LLC (“Blick”).The transaction was effectuated pursuant to Article 9 of the Uniform Commercial Code and closed in May 2025.
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