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Amerisource Business Capital closed and funded a $30,000,000 asset-based lending facility to support the working capital needs of a Southwest-based company specializing in the design, fabrication, and maintenance of midstream energy infrastructure... Read Story

Filed Under: Infrastructure
May 22, 2025 @ 08:17 AM

Webster Bank announced that  Michael Goletz has joined the bank’s Asset Based Lending (ABL) division as Managing Director, ABL Originations. He will report to David Viggiano, Senior Managing Director, National Sales Leader ABL at Webster. Based in... Read Story

May 22, 2025 @ 08:16 AM

SSG Capital Advisors (“SSG”) served as the investment banker to Brightmark Plastics Renewal LLC and certain affiliates (collectively, “Brightmark Indiana” or the “Company”) in the sale of substantially all assets to Brightmark Plastics Ashley HoldCo... Read Story

Filed Under: Plastics
May 22, 2025 @ 08:01 AM

Yext, a leading digital presence platform for multi-location brands, closed a $200 million senior secured term loan facility with funds and accounts managed by BlackRock, providing the company with enhanced flexibility to support its growth... Read Story

Filed Under: Technology
May 22, 2025 @ 08:00 AM

INNOVATE Corp. announced that DBM Global (“DBMG”), entered into an amended and restated credit agreement that provides for an $85 million term loan and a $135 million revolving credit facility, which will be used to fully repay DBMG’s existing debt... Read Story

Filed Under: Specialty Industries
May 22, 2025 @ 08:00 AM

Aequum Capital closed a $35 million senior secured revolving line of credit to a Midwest-based commodity distribution company specializing in value-added mixing, blending, and recycling services. The facility will enhance liquidity and provide... Read Story

Filed Under: Commodities
May 22, 2025 @ 07:55 AM

Gordon Brothers and Nations Capital, a Gordon Brothers Company, are offering for sale by private treaty all the machinery and inventory related to Nikola Corporation's hydrogen business.  The U.S.-based transportation company’s hydrogen business... Read Story

Filed Under: Industry News
May 22, 2025 @ 07:43 AM

Figure Technology Solutions (“Figure”), a technology platform building the blockchain-based capital markets of the future, has entered into a financing agreement with Victory Park Capital (“VPC”), a leading global alternative investment firm... Read Story

Filed Under: Technology
May 22, 2025 @ 07:25 AM

Beach Point Capital Management, a diversified alternative asset manager, announced the close of over $1.25 billion of capital commitments across both BPC Opportunities Fund V LP (the "Opportunities Fund V") and BPC Real Estate Debt Fund ("BPRED")... Read Story

Filed Under: Private Credit
May 21, 2025 @ 08:15 AM

MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, announced the financing of a senior bridge loan and working capital facility for three skilled nursing facilities in Florida, totaling $108,750,000. The sponsorship... Read Story

Filed Under: Nursing Facilities
May 21, 2025 @ 08:12 AM