FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation Links

ABL Advisor News


News Library

J.P. Morgan announced that Andrew (“Drew”) Ray has been appointed as the new global head of Asset Based Lending (ABL) within Capital & Advisory Solutions, Commercial Banking. Ray brings over 18 years of experience at the firm, having held leadership roles in ABL originations, syndications and portfolio management. He most recently led the Global Corporate & Syndicated ABL team, driving the origination and execution of syndicated ABL loans and championing talent development across the Read Story

September 19, 2025 @ 08:15 AM

White Oak Global Advisors (“WOGA”) provided a senior secured loan to Integrity Landscape Corporation (“Integrity”) to refinance existing debt and finance the acquisition of Serpico Landscaping, Inc. Integrity is a full-service commercial landscaping company operating across the Bay Area. Integrity is a portfolio company of Seacoast Capital and Galaxi Group, a leading west coast based independent sponsor."The commercial landscaping industry continues to demonstrate strong fundamentals, and we're Read Story

Field Under: Specialty Industries
September 19, 2025 @ 08:08 AM

Trinity Capital has committed $100 million in growth capital to Angel Studios, Inc., an unprecedented media and technology company championing values-based stories.   Angel's new model empowers audiences as virtual co-producers. The more than 1.5 million Angel Guild members worldwide decide what films and television shows get made, selecting stories that amplify light and timeless values. Angel's films and shows are distributed in theaters, on television, and streamed on the Angel platform.Last Read Story

Field Under: Media
September 19, 2025 @ 08:05 AM

Gordon Brothers provided a Midwestern liquid and bulk transportation service company a sale leaseback to support continued growth.   The company will leverage the firm’s facility to refinance existing indebtedness, capitalize on newly awarded contracts and provide additional working capital.    “We are proud to partner with an established company and provide a tailored leasing solution that increases the company’s liquidity, improves efficiency and supports the company’s continued growth,” said Read Story

Field Under: Transportation
September 19, 2025 @ 08:00 AM

Aveanna Healthcare Holdings announced the closing of its refinanced first lien credit facility. The refinanced credit facility provides for the refinancing of the $886.0 million principal balance of existing first lien term loans, the additional borrowing of $439.0 million in incremental first lien term loans, and the upsize of its revolving credit facility from $170.3 million of maximum availability to $250.0 million of maximum availability. The combined $1.325 billion first lien term loans' Read Story

Field Under: Healthcare
September 19, 2025 @ 07:55 AM

nFusion Capital provided a $5 million factoring facility to a Texas-based industrial services contractor. The financing will support working capital needs, reduce delinquent tax liabilities, secure new projects and position the Company for long-term growth. The Company provides scaffolding, insulation, fireproofing, painting, coatings and linings, abrasive blasting, and related project management services primarily for oil and gas companies such as Chevron. Customers include Chevron and other Read Story

Field Under: Construction
September 19, 2025 @ 07:48 AM

eCapital Corp. delivered a $3 million healthcare receivables financing facility to an established ambulance and healthcare transport provider operating across Massachusetts and New Hampshire. The financing will be used to refinance existing bank debt, strengthen working capital, and complete a partner buyout.Ambulance and ambulatory care providers play a critical role in ensuring access to healthcare services across both urban and rural regions. Yet providers often face variable reimbursement Read Story

Field Under: Healthcare
September 19, 2025 @ 07:35 AM

Cascadia Capital, an independent investment bank serving middle-market clients globally, announced that Bill Kerkam has joined the firm as a Managing Director in its Industrials group. Kerkam will lead Cascadia’s Plastics, Print & Packaging practice, deepening the firm’s expertise in these critical industrial sub-verticals and enhancing its ability to deliver tailored M&A and capital markets solutions to its clients.Kerkam brings more than 25 years of investment banking and capital markets Read Story

September 19, 2025 @ 07:30 AM

TPG Twin Brook recently served as administrative agent on debt financings: Longshore Capital Partners’ leveraged buyout of DemandTec, a leading provider of AI-powered pricing, promotion, markdown optimization, and trade fund management software and  Lorient Capital’s recapitalization of American Family Care, a national, on-demand urgent care provider.  Read Story

September 19, 2025 @ 06:00 AM

SC&H Capital, the investment banking arm of SC&H, has launched its Capital Solutions practice, creating a comprehensive suite of middle-market and mid-corporate investment banking services. The new practice positions SC&H Capital to structure and deliver capital at every stage of a company’s lifecycle, while also addressing critical needs ranging from growth capital and acquisition financing to shareholder liquidity and complex restructuring situations.The Capital Solutions practice Read Story

September 18, 2025 @ 08:15 AM

Oaktree Capital Management welcomed Michael Lawton as Managing Director in the Sourcing & Origination group. The dedicated Sourcing & Origination team helps connect Oaktree’s investment strategies with proprietary deal flow sourced from an extensive network of management teams, advisors, banks, issuers, and sponsors. Lawton is responsible for private credit sourcing and deal origination in North America. His focus is on enhancing private credit deal flow, leveraging his extensive experience in Read Story

September 18, 2025 @ 08:10 AM

J.S. Held announced that GRO-WELL® Brands, Inc., one of the largest green waste recycling companies in the Southwestern U.S., successfully closed a $24.4 million refinancing on August 28, 2025, agented by Ares Commercial Finance (“ACF”). Gro-Well is one of the leading producers of mulch and soil products distributed through big box retailers in California, Arizona, New Mexico, and Washington state.To support the refinancing, GRO-WELL engaged J.S. Held as a refinancing advisor and appointed Read Story

Field Under: Recycling
September 18, 2025 @ 08:06 AM

First Business Bank added Steve Ogus as Senior Vice President – Asset-Based Lending to First Business Specialty Finance, LLC, a subsidiary of First Business Bank.With more than 30 years of asset-based lending expertise, Ogus is an experienced leader in helping middle-market companies secure flexible financing solutions to manage growth, acquisitions, refinancing, and turnaround situations. Ogus works with companies across diverse industries, from traditional manufacturing and distribution to Read Story

September 18, 2025 @ 08:05 AM

Clarus Capital has hired Adrian Herr as Controller. In this role, Herr will oversee the firm’s accounting and financial operations, working closely with Chief Financial Officer Mike Eisenstein to advance strategic financial initiatives. Based in Boston, Massachusetts, he will report directly to Eisenstein.Herr brings over 15 years of specialized experience in accounting, finance, and investment operations to Clarus Capital. Most recently, he served as Senior Vice President of Finance at Hometap Read Story

September 18, 2025 @ 07:54 AM

Rosenthal Capital Group announced that Fritz Martinson has joined as SVP for Underwriting and Portfolio Management, based in the firm’s Chicago office.  As an experienced commercial banking professional, Martinson will help with the continued expansion of RCG’s equipment financing business, its newest division, as well as broadening the firm’s reach throughout the Midwest. Before joining RCG, Martinson served as Vice President and Lead Equipment Finance Underwriter for Wells Fargo Equipment Read Story

September 18, 2025 @ 07:35 AM