TSL Express Daily Articles & News

Comerica Bank announced today Stephen Jeffrey has been named its Senior Vice President, Austin Market President.

CareerBuilder + Monster, a global talent marketplace and workforce solutions leader, has announced the initiation of a court-supervised sale process aimed at maximizing value, preserving jobs, and seamlessly transitioning ownership of their businesses.

Penguin Solutions, Inc. (“Penguin Solutions” or the “Company”) (Nasdaq: PENG) today announced that it has completed a refinancing of its credit facilities via a $400 million Revolving Credit Facility, which includes a $35 million letter of credit subfacility (collectively, the “Credit Facilities”).

Intrepid Fiber Networks, a Brookfield Infrastructure portfolio company and leading developer of open‑access fiber‑to‑the‑home (FTTH) infrastructure, today announced that it has increased the capacity of its senior secured credit facility to $425M.

Celtic Capital Corporation today announced its most recent new client relationship – an Eastern Midwest company that manufactures U-bolts, threaded rods and various other steel products from its parent and five subsidiaries.

Ares Commercial Finance (“ACF”) announced today that it has provided a $15 million senior secured revolving line of credit to Shimmick Corporation (“Shimmick” or the “Company”), an Irvine, California-based infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation.

B. Riley Securities, Inc. ("BRS"), a leading middle market investment bank, is pleased to have served as exclusive financial advisor to the Special Committee and Board of Directors of GAN Limited (NASDAQ: GAN) in its successful merger with an affiliate of SEGA SAMMY HOLDINGS INC. ("SEGA SAMMY").

Wingspire Capital is pleased to provide a $55 million revolving credit facility to a leading contract healthcare services provider that serves thousands of sites across the country.

Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation") announced today that it has entered into an amended and restated revolving credit, term loan and security agreement (the "Credit Facility") consisting of a $100 million, five-year asset-backed revolving line of credit and a $13.5 million term loan. The proceeds from the term loan were fully utilized to reduce borrowings on the revolving portion of the Credit Facility at closing.

Amerisource Business Capital is pleased to announce the closing and funding of a $5,500,000 asset-based lending (ABL) facility, leveraging accounts receivable and commercial real estate for a Midwest-based nursing and medical staffing company.

Aequum Capital Financial, a middle-market asset-based lender, is pleased to announce the addition of lending industry veteran Bill Drmacich. Based in the Southeast, Bill has joined Aequum as Head of Originations. In this role, he will be responsible for sourcing new lending opportunities and supporting the strategic growth of origination efforts beyond the greater Midwest.

Can Do Brands LLC, backed by Decoro Home LLC, with strategic support from the Wholesale & Industrial division of SB360 Capital Partners LLC (“SB360”) and Hilco Receivables LLC (“Hilco”), has completed the acquisition of the intellectual property and select e-commerce assets of Honey-Can-Do International, LLC, a trusted name in the home storage and organization category.

Moritt Hock & Hamroff is pleased to welcome Sabrina Arfeen, Claudio Diaz, Pacika Guerra, Abla Laallam, Mofiyinfoluwa Shotayo and Hannah Stubbs to its 2025 Summer Associates Program.

Established in 1953, BDC Capital is a private, mission driven economic development company that provides financing and investment capital for growing companies in New England. We have been recognized locally and nationally as a leader and innovator in business lending and investment.

An innovative Michigan-based manufacturer specializing in ceramic plates landed a significant order from a major big box retailer. Facing the challenge of fulfilling a large purchase order and managing international production logistics, the company sought a flexible financing solution.

Assembled Brands, a working capital provider for growth-stage consumer and e-commerce brands, announced a new credit facility with Force USA, a prominent innovator in strength training equipment. This strategic partnership provides Force USA with agile working capital, which is essential for supporting its rapid growth and meeting the increased demand for its home and commercial fitness equipment.

Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $6,752,000 revolving line of credit, equipment term loan, and real estate term loan to fund the acquisition of a Pennsylvania company blending and packaging liquids.

Flowdesk, a full-service digital asset trading and technology firm, today announced a $100 million credit facility from Two Prime Lending Limited (“Two Prime”), the secured lending affiliate of Two Prime Inc. The facility will support Flowdesk’s continued global expansion and capital-efficient trading infrastructure.

Lafayette Square announced today that it has provided debt financing to support the growth of Genuine Food Lab, LLC ("Genuine Foods") a Boston, MA-based foodservice management company that specializes in providing quality food for K-12 schools and higher education institutions across 16 states.

Susan Zaunbrecher, who has led Fifth Third’s Legal, Government Affairs and Regulatory Affairs departments and the Office of the Corporate Secretary since 2018, will retire. Christian Gonzalez will join Fifth Third as executive vice president, chief legal officer, to succeed her, effective July 7. Gonzalez will join Fifth Third’s Enterprise management team, the Bank’s senior-most governing body.