JPalmer Collective (JPC) announced the closing of a line of credit to 3 Badge Beverage Corporation, a privately held company that produces a diverse portfolio of premium spirits and wines. “3 Badge brings together heritage, innovation, and an entrepreneurial mindset, all qualities that make them an exceptional fit for JPC,”?said Jennifer Palmer, founder and CEO of JPalmer Collective. “Their dedication to quality comes through in everything they do, and we’re excited to be part of their next
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December 02, 2025 @ 08:15 AM
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O2 Sponsor Finance, a division of Old Second National Bank, has had a very busy second-half of 2025 with significant new financing activity. O2 Sponsor Finance announced that it served as Administrative Agent and Co-Lead Arranger of senior secured credit facilities to support Paceline Equity Partners and Serata Capital Partners in their acquisition of EventLink Group ("EventLink").Founded in 2009 and headquartered in Sterling Heights, Michigan, EventLink is focused on planning, executing and
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December 02, 2025 @ 08:10 AM
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Aledade, the nation’s largest network of independent primary care, and Ares Commercial Finance announced a $500 million senior secured credit facility, led by Ares Credit funds, to support the Company's continued growth and scale. The new credit facility, which has flexibility to expand to up to $650 million, doubles Aledade's current committed financing capacity.As a national leader in the Medicare Shared Savings Program (MSSP), Aledade partners with primary care organizations to drive their
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December 02, 2025 @ 08:05 AM
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Republic Business Credit provided a $1 million factoring facility to a national beverage accessory manufacturer. Republic’s traditional factoring product and credit protection services will support the Company’s retail store expansion while protecting the manufacturer from credit risk.Republic refinanced the manufacturer’s smaller bank line of credit while creating additional availability, as its factoring facility will grow with the Company’s sales. Additionally, the facility includes a
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December 02, 2025 @ 08:00 AM
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Ecoplexus closed a $300 million credit facility from capital accounts advised by KKR. The facility includes development capital and a letter of credit facility provided by Sumitomo Mitsui Banking Corporation (SMBC). It will support the advancement of over 13GW of solar and storage projects across the United States."This financing marks an important milestone for our business and gives us the certainty and scale required to advance several GW of projects to start of construction in the near term
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December 02, 2025 @ 08:00 AM
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MidCap Business Credit completed a $14,000,000 million asset-based credit facility to Wozniak Industries. The business was established in 1985 and is headquartered in Schaumburg, Illinois. Wozniak manufactures engineered metal products for a variety of industries including agriculture, energy, heavy equipment, aerospace, and defense. Matt Kelly, CFO for the Company, commented, “When I first spoke with MidCap, it was immediately clear they were interested in being part of Wozniak Industries’
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December 02, 2025 @ 08:00 AM
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Omni Fiber, a leading provider of high-speed fiber optic Internet services in the Midwest, closed $150 million in incremental debt financing from Stonepeak Credit and Oak Hill Advisors (OHA), alongside an incremental $50 million equity investment from Oak Hill Capital. Additionally, Omni Fiber has closed a $10 million working capital facility with Republic Bank & Trust Company.Founded in 2022 by management and Oak Hill Capital, Omni Fiber has invested over $400 million in building an XGS-PON
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December 02, 2025 @ 07:58 AM
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Midland States Bancorp announced that its wholly owned subsidiary, Midland States Bank (“the Company”), has sold substantially all of its equipment finance portfolio to an affiliate of North Mill Equipment Finance LLC (“NMEF”). The transaction closed on November 28, 2025.NMEF acquired the portfolio for $502 million in cash, subject to adjustment. As of October 31, 2025, the equipment finance portfolio consisted of approximately $599 million in loans and leases outstanding — or $565 million net
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December 02, 2025 @ 07:55 AM
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FGI Finance, a division of FGI Worldwide (“FGI”), provided a $65 million multi-jurisdictional facility to A2 Global, a leading electronic component distributor based in St. Petersburg, FL with offices throughout Europe and Asia.Acquired by Wynnchurch Capital in 2017, A2 Global experienced an increased worldwide product demand and required an internationally- focused capital solution to support the growth.The FGI facility offers a one-stop solution, including advances on accounts receivable
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December 02, 2025 @ 07:42 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Reliant Healthcare (“Reliant”) and Care Fusion Rx (“Care Fusion”) by private equity sponsor Shore Capital Partners.Founded in 2008, Reliant is a provider of home infusion and ambulatory infusion center services to patients in the South. Reliant aims to improve the patient experience by offering convenience, lower cost, personalized service and clinical
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December 02, 2025 @ 07:38 AM
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Dechert announced that 17 lawyers will be joining the firm's global partnership, effective January 1, 2026. This year's class is larger than the 2024 class, representing six of the firm's global practices and eight offices across the U.S., the UK and Ireland.Among the new partners are an editor of the firm's popular Re:Torts newsletter, a former legal advisor to a commissioner of the Federal Trade Commission, a contributor to Dechert's Antitrust Merger Hot Documents Collection, a Chambers UK
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December 02, 2025 @ 07:30 AM
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Eclipse Business Capital announced the successful upsizing of its primary asset-based lending (ABL) facility to $2.355 billion. The upsize, agented by Wells Fargo and backed by a syndicate of premier banks, aligns with the firm’s outlook for continued growth. “This expanded facility underscores the confidence our banking partners have in EBC’s consistent performance and disciplined approach to growth,” said Marty Battaglia, CEO of EBC. “It provides additional capacity to meet increasing client
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December 01, 2025 @ 08:15 AM
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KBRA released its Q3 2025 Middle Market Borrower Surveillance Compendium, providing insights into credit quality across KBRA’s portfolio of rated direct lending transactions.While credit quality remains predominantly stable, defaults across the landscape of middle market (MM) leveraged borrowers—whose loans sit inside rated transactions—are starting to rise as expected (see Private Credit: Q4 2024 Middle Market Borrower Surveillance Compendium—5% at Risk). Although the default rate among these
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December 01, 2025 @ 08:10 AM
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Bank Director, a leading information resource for directors and officers of financial institutions nationwide, released the results of its 2026 Bank M&A Survey, sponsored by Crowe LLP. The survey suggests an uptick in conversations between prospective buyers and sellers as pricing expectations begin to align.According to the survey, 37% of bank executives and directors report that another financial institution expressed interest in acquiring their bank in 2024 or 2025, up from 27% who said the
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December 01, 2025 @ 08:06 AM
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Katten announced that Dr. Alexander Volsky has joined its industry-leading Private Credit practice as a partner in Dallas."We are delighted to welcome Alex. His proven track record of advising clients across the private credit and alternative lending markets will be beneficial to our clients as our industry continues to expand and evolve. His exemplary skills expand on our well-known ability to deliver the deep market insight, innovative structuring and strategic guidance our clients expect,"
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December 01, 2025 @ 08:00 AM
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