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Ares Management Corporation has entered into a definitive agreement to acquire the international business of GLP Capital Partners Limited and certain of its affiliates, excluding its operations in Greater China (“GCP International”), and existing... Read Story

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October 08, 2024 @ 08:15 AM

MidCap Business Credit has appointed Ryan Ray as Senior Vice President of its business development team.  Ray has spent the last 15 years in asset-based finance in business development, most recently with Accord Financial.  Ryan will be located in... Read Story

October 08, 2024 @ 08:10 AM

SLR Business Credit announced that David Braff has joined the company as a Managing Director of Business Development. Braff is the newest addition to the SLR Business Credit team. Based in the San Francisco Bay Area, he will assist in expanding the... Read Story

October 08, 2024 @ 08:05 AM

Great Rock Capital closed a senior secured term loan facility with Pennex Aluminum.   Pennex is a leading manufacturer of aluminum products, offering a full range of services that include casting, extrusion, and fabrication. Known for its diverse... Read Story

Filed Under: Metals and Mining
October 08, 2024 @ 08:00 AM

Valiant Energy Solutions, an energy services company with a 60-year legacy throughout Connecticut, announced a strategic partnership with Cambridge Savings Bank (CSB). This partnership will enable Valiant Energy to expand its portfolio, offering the... Read Story

Filed Under: Energy Services
October 08, 2024 @ 07:55 AM

BrightNight, a renewable power producer built to deliver clean and dispatchable power solutions, succesffully closed a $440 million strategic equity investment from Goldman Sachs Alternatives.This investment, together with existing capital... Read Story

Filed Under: Energy
October 08, 2024 @ 07:50 AM

Cascadia Capital added two new Managing Directors — Michael Del Pero and Muizz Kheraj — who will be based in its Los Angeles office. These hires reflect Cascadia’s ongoing commitment to expanding its presence in the Southern California market, while... Read Story

October 08, 2024 @ 07:45 AM

Forum Investment Group, a private real estate investment management firm specializing in the multifamily sector, announced the final close on September 30, 2024, of one of its investment vehicles specializing in multifamily private credit. Forum... Read Story

Filed Under: Real Estate
October 08, 2024 @ 07:40 AM

LSQ, a leading provider of working capital and payments management solutions, recently originated a $2.5 million accounts receivable credit facility for a California-based telecommunications hardware company.As part of the partnership, LSQ will also... Read Story

Filed Under: Telecom
October 08, 2024 @ 07:35 AM

Gateway Trade Funding, a PO and Stretch Financing company, announced the completion of the following stretch finance transactions: A $100,000 facility for a charter school. A $150,000 facility for a radio manufacturing company. A $1,500,000... Read Story

October 08, 2024 @ 07:30 AM