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News Stories (13 Results) - Engineering

Sallyport Commercial Finance customized a $1,950,000 Accounts Receivable facility for a business that provides a variety of engineering and laboratory solutions to customers ranging in size from small start-ups to Fortune 500 companies.  With over 25... Read Story

January 14, 2019, 07:00 AM

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of StormTrap, LLC by private equity sponsor, Warren Equity Partners. Founded in 2002 and based... Read Story

January 11, 2019, 08:03 AM

MKS Instruments, Inc., a Massachusetts corporation, and its newly formed, wholly owned subsidiary, EAS Equipment, Inc., a Delaware corporation, entered into an Agreement and Plan of Merger with Electro Scientific Industries, Inc., a Delaware... Read Story

November 19, 2018, 08:00 AM

The Timken Company entered into a Credit Agreement with KeyBank National Association, as administrative agent. The Credit Amendment provides for a term loan facility in the original aggregate principal amount of $350,000,000 that matures on... Read Story

September 17, 2018, 07:00 AM

Golub Capital announced that, as Administrative Agent, Sole Lead Arranger and Sole Bookrunner, it provided a GOLD facility to support the buyout of Inhance Technologies Holdings LLC by Aurora Capital Partners. GOLD financings are Golub Capital... Read Story

July 26, 2018, 07:09 AM

Global engineering firm McDermott International, Inc. announced it has entered into a 5-year Amended and Restated Credit Agreement with $810 million of capacity for letters of credit and a $300 million revolving cash sublimit. Additionally, the... Read Story

July 05, 2017, 08:00 AM

TRC Companies, Inc., a provider of engineering, environmental consulting and construction-management services, announced it has completed the previously announced merger with affiliates of New Mountain Partners IV, L.P., an investment fund managed by... Read Story

June 22, 2017, 07:10 AM

Hitachi Business Finance, a division of Hitachi Capital America Corp., recently provided $4.5 million to three growing U.S. companies seeking working capital solutions. Of the new clients that received financing, the first offers energy saving... Read Story

April 03, 2017, 07:10 AM

TRC Companies, Inc. a provider of engineering, environmental consulting and construction-management services to the power, environmental, infrastructure and oil and gas markets, announced it has closed on a $250 million revolving credit facility. The... Read Story

February 01, 2017, 07:30 AM

Citizens Bank announced that it has provided $175 million in financing to Lowell-based TRC Companies, in part to be used for the previously announced $130 million acquisition of the Professional Services business segment of Tulsa, Okla.-based... Read Story

December 08, 2015, 08:08 AM

BMO Harris Bank’s Asset Based Lending group, a leading provider of middle market asset-based finance solutions, announced it served as joint lead arranger and joint bookrunner for a $150 million senior revolving credit facility to CDI Corp. CDI Corp.... Read Story

December 04, 2015, 07:47 AM

Furmanite Corporation announced an expansion and extension of its subsidiaries’ syndicated credit facility with new administrative agent Wells Fargo Bank, N.A. Under the amendment, which was effective March 13, 2015, the revolving credit line... Read Story

March 20, 2015, 07:26 AM

Capital One Bank, acting as administrative and collateral agent, together with Credit Suisse Corporate Credit Solutions, LLC, acting as lead arranger, announced that it successfully closed and funded a $56.5 million, five-year senior secured facility... Read Story

February 17, 2015, 07:34 AM