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Week's News

Banc of California, Inc. announced that its Board of Directors has appointed Doug Bowers as President, Chief Executive Officer, effective May 8, 2017, and a director of the Board. Bowers' appointment follows a nationwide search by the Board's... Read Story

April 28, 2017 @ 08:00 AM

U.S. venture capital (VC) investment in fintech companies rose to $1.2 billion in Q1’17, driven by late-stage deals, which reached the highest activity since Q1’16, according to KPMG International’s Q1 2017 The Pulse of Fintech report. Non-VC fintech... Read Story

Filed Under: Economic Commentary
April 28, 2017 @ 07:45 AM

Motorola Solutions, Inc. entered into a new revolving credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the several lenders and agents party thereto. The New Credit Agreement provides for a $2.2 billion revolving credit... Read Story

Filed Under: Telecom
April 28, 2017 @ 07:19 AM

Bibby Financial Services (BFS) announced a combined $22.5 million in funding to 70 new clients across a wide range of industries within the U.S. and Canada during the first quarter of 2017. Overall, BFS provided $4M more in funding and supported 19... Read Story

Filed Under: Company Announcements
April 28, 2017 @ 07:17 AM

Golub Capital recently announced that as Sole Bookrunner, Sole Lead Arranger & Administrative Agent, it provided a GOLD facility to support the growth recapitalization of Results Physiotherapy, a portfolio company of Chicago-based private equity firm... Read Story

Filed Under: Healthcare
April 28, 2017 @ 07:07 AM

MidCap Business Credit announced that it has completed a $6 million Asset Based Credit Facility to Summit Casing Equipment, a portfolio company of Renovo Capital, a Dallas based private equity firm. Summit Casing Equipment, manufactures and... Read Story

Filed Under: Energy
April 28, 2017 @ 07:06 AM

Confidence in the U.S. economy among middle market companies has reached a new high in early 2017, according to the Q1 2017 Middle Market Indicator (MMI) released by the National Center for the Middle Market (NCMM). With nine in 10 middle market... Read Story

Filed Under: Economic Commentary
April 27, 2017 @ 08:00 AM

DynTek, Inc., a provider of professional technology services, and Wells Fargo Capital Finance, part of Wells Fargo & Company, announced the companies have entered into a new three-year $50 million revolving line of credit and commercial banking... Read Story

Filed Under: Technology
April 27, 2017 @ 07:30 AM

Access Capital, a New York based commercial finance company, announced the promotion of Angela Santi and Paul Mehring, to be the company's new co-Presidents. Both Santi and Mehring were each previously Executive Vice Presidents of the Company and... Read Story

April 27, 2017 @ 07:28 AM

Capital One announced that it served as the lead arranger and syndication agent for a five-year, $217.1 million senior credit facility—consisting of a $167.1 million term loan and a $50 million revolving loan—for AccentCare, Inc., the fifth largest... Read Story

Filed Under: Healthcare
April 27, 2017 @ 07:18 AM