MidCap Business Credit completed an $8 million asset-based credit facility with a distributor of ready to assemble wooden furniture frames. The opportunity was sourced and closed out of MidCap’s regional office in West Hartford, CT. Seth Cooper...
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February 28, 2024, 07:47 AM
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First Citizens Bank's Middle Market Banking business provided $16 million in financing to Raymour & Flanigan for the purchase of an existing furniture showroom in White Plains, New York. Raymour & Flanigan is the seventh largest furniture retailer in...
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January 04, 2024, 07:56 AM
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Outdoor furniture company RST Brands has sold as a going-concern to Surya, the global household furnishings brand, in the latest turnaround by Tiger Group’s Advisory Services division. “This strategic purchase will enable Surya to gain market share...
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December 14, 2023, 07:08 AM
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First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided $85 million in financing to CVB Inc.Founded in 2003, CVB is the parent company to a leading mattress, bedding and...
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December 12, 2023, 07:53 AM
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SB360 Capital Partners, a leading asset disposition and advisory firm, has been selected as the exclusive agent for the disposition of finished goods, work-in-process inventory, and raw materials for Klaussner Furniture Industries, Inc., an Asheboro...
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October 25, 2023, 08:00 AM
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Cadence Business Finance, a division of Cadence Bank committed $11.25 million as part of a credit facility for Business Interiors, Inc., a full-service contract furniture dealer and interior design consultant. “The funding from Cadence Bank has...
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Eclipse Business Capital provided a $15 million senior secured revolving credit facility to a commercial hospitality furniture manufacturer and designer.The credit facility is secured by accounts receivable and inventory and will be used to refinance...
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Horizon Technology Finance closed a $30 million venture loan facility to Interior Define, Inc., of which Horizon funded $12.5 million of the initial $20 million draw, and a private investment vehicle managed by Horizon Technology Finance Management...
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January 12, 2022, 07:12 AM
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Pathlight Capital and S.P. Richards Company have completed a $100 million Last-out transaction (the “Last-out”) as part of a Wells Fargo led $275 million Senior Secured Revolving Credit Facility. S.P. Richards is a leading national business products...
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October 26, 2021, 07:28 AM
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SC&H Capital, a leading investment bank specializing in M&A advisory, announced it acted as the exclusive investment banker to A.C. Furniture Company, Inc. (“A.C. Furniture” or “the Company”) in the sale of its equipment, inventory, and some of its...
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October 09, 2020, 09:00 AM
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SSG Capital Advisors, LLC (SSG) acted as the investment banker to PFB Intermediate Holdings, LLC d/b/a Pride Family Brands in the sale of substantially all of its assets and the equity of its Costa Rica operations to an affiliate of Brown Jordan...
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SSG Capital Advisors, LLC (SSG) acted as the investment banker to Décor Holdings, Inc., dba The Robert Allen Duralee Group in the sale of substantially all of its assets to RADG Holdings, LLC, an affiliate of Black Swan Holdings, LLC. The sale was...
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Heritage Home Group LLC announced that it, its parent company HH Global II BV, and its related U.S. affiliates have filed petitions with the U.S. Bankruptcy Court for the District of Delaware in Wilmington to commence a restructuring process that...
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Siena Lending Group LLC announced the completion of a three-year asset based revolving and term loan credit facility for Iceberg Enterprises LLC (Iceberg) to refinance their existing credit facility and to provide additional working capital for the...
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LBC Credit Partners, a provider of financing solutions to middle market companies, provided a $56.0 million senior secured term loan to support the acquisition of Klaussner Home Furnishings by Monomoy Capital Partners.LBC Credit Partners served as...
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