Kayne Anderson BDC, a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, an affiliate of Kayne Anderson Capital Advisors, LP (“Kayne Anderson”), announced an investment in SG Credit Partners, Inc. (along with affiliates and subsidiaries; “SG Credit”), a national credit platform focused on the lower middle market to complement KBDC’s middle market investing strategy. SG Credit was formed in 2013 and has invested in more than 200 companies
Read Story
|
Crown Partners announced its role as exclusive financial advisor to CorTech International in arranging a new $70 million unitranche financing, consisting of a $40 million ABL revolving facility, and a $30 million term loan. Based in Atlanta, GA, CorTech International operates nationwide as a leading workforce solutions and staffing firm specializing in delivering high-performance talent across industrial, logistics, technology, and healthcare sectors. CorTech partners with Fortune 500
Read Story
|
SLR Business Credit closed a new credit facility for a leading U.S.-based textile manufacturer and one of the few remaining companies committed to producing fabrics entirely in the United States. The company produces a superior, yet labor-intensive fabric that demands exceptional attention to detail and product consistency supplying a variety of performance-based textiles critical to several industries. While many competitors have shifted away from this traditional technique, the company
Read Story
|
Utica Equipment Finance, a leading provider of equipment-based term loans and leases to companies throughout North America, announced that Shane Butler has joined the firm as Managing Director of Sales. Based in Wilton, Connecticut, he will be responsible for sourcing and developing client and referral relationships throughout the United States. “Shane brings a wealth of experience and strong industry relationships to our growing platform,” said Ed Stolarski, President of Utica Equipment Finance
Read Story
|
Rosenthal Capital Group (RCG) completed a $3 million asset-based loan facility for a family-owned e-commerce accelerator operating in the beauty sector. The California-based company, a popular Amazon reseller of beauty products, had successfully grown its business to $50 million in top-line revenues. The second-generation business owner was exploring options for a new financing facility that would allow the company to significantly scale the business. Seeking an alternative to their existing
Read Story
|
Middle market private companies in the Golub Capital Altman Index grew earnings by 5% during the first two months of the second quarter of 2025. Revenue grew 2% during the same period.Lawrence E. Golub, CEO of Golub Capital, said, “Middle market companies continued in the second quarter to demonstrate resilience and adaptability as tariff and tax uncertainty continued. Our data shows revenue and earnings growth in April and May within our sample of U.S. businesses that sell primarily to U.S.
Read Story
|
Trinity Capital announced conditional approval from the U.S. Small Business Administration ("SBA") to submit an application to obtain a Small Business Investment Company ("SBIC") license. The conditional approval reflects Trinity Capital's long-standing partnership with the SBA's Office of Investment and Innovation to support growth-oriented businesses across the United States, in line with its strategy. Previously, the Firm's predecessor entities successfully deployed $734 million through two
Read Story
|
Culain Capital Funding announced the closing and funding of a $2,500,000 accounts receivable financing facility for a leading commercial laundry service provider based in New Jersey. The new facility provides critical working capital to help the company take on larger contracts and continue scaling operations across the New York metropolitan area.The company specializes in high-volume linen and textile processing for hotels, resorts, and short-term rental operators. With industrial-grade
Read Story
|
PlainsCapital Bank announced that Randy Robinson has joined the Bank as Denton Market President. With more than 40 years of experience in financial services, Robinson will lead the Bank’s strategic growth and community engagement efforts in the Denton market. “Randy brings a deep understanding of the Denton market, a great track record of building strong teams, and a genuine passion for serving clients,” said Brian Heflin, President of PlainsCapital Bank. “He knows this community well, and I’m
Read Story
|
Rosenthal Capital Group (RCG)completed a purchase order financing facility totaling $12 million for a licensed apparel importer based in Canada, with operations in both Canada and the United States. The company, a wholesale lifestyle apparel distributor, was doubling their business with big box retailers in the United States and Canada. As a result, the company was in need of a purchase order financing solution that would support their continued growth and ensure timely payments to overseas
Read Story
|
JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, announced the appointment of Jack Gindi, Principal at ASG Equities, to the JPC Board of Directors. Gindi will play a critical role in helping to shape JPC’s commercial strategy. “Jack’s strategic insight, creative spirit, and deep commitment to community make him an exceptional addition to our board,” said Jennifer Palmer, Founder and CEO of JPalmer Collective.
Read Story
|
nFusion Capital provided a $1.5 million asset-based lending facility to a growing manufacturer of sparkling pre-mixed canned cocktails. The financing solution was secured just ahead of the Company’s peak summer sales season, providing critical working capital to support inventory buildup and drive seasonal revenue.With limited time and an urgent need for capital, the Company was referred to nFusion Capital by its incumbent lender — highlighting a trusted, longstanding relationship between the
Read Story
|
Rainier Partners, a private equity firm investing in lower middle-market services businesses, announced the promotions of Henry Anderson and Luke Bench to Principal and Dave Shephard to Executive Director. Anderson joined the Rainier team in 2020 and is a Principal. Prior to Rainier, Anderson served as the Interim CFO of 3B Medical Devices. Before that, he was a Senior Associate at Altamont Capital Partners. Bench is a Principal, having joined Rainier in 2020. Before Rainier, Luke was a
Read Story
|
Star Mountain Capital announced the transition of Peter K. Scaturro, Sr. from Senior Advisor to Vice Chairman. Scaturro has been serving as a Senior Advisor to Star Mountain since 2024.Scaturro is a 40-year veteran of global banking and wealth management. He has led multi-billion-dollar businesses at Goldman Sachs, Citigroup, U.S. Trust, and Bankers Trust, driving strategy, growth and client engagement across private banking and wealth management platforms worldwide.“Peter has been an
Read Story
|
Great Rock Capital provided C$50 million in liquidity through a senior secured credit facility to support a leading heavy civil construction business that operates across Western Canada. The new capital refinanced the company’s existing senior debt facility and will boost the company’s liquidity to support their strategic growth initiatives and future capital expenditure needs.
Read Story
|