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Week's News

eCapital announced a renewal and upsizing of its subsidiaries’ asset-based lending (ABL) facility. The renewed facility has a three-year term and maximum commitments increased from $987 million to $1.38 billion. The facility, agented by Wells Fargo... Read Story

Filed Under: Lender Finance
June 13, 2025 @ 08:15 AM

Hercules Capital upsized and renewed its existing $400.0 million credit facility with MUFG Bank (“MUFG”) with an upsized credit facility under which Goldman Sachs Bank USA, Autobahn Funding Company, City National Bank, Umpqua Bank, Valley National... Read Story

Filed Under: Lender Finance
June 13, 2025 @ 08:10 AM

EisnerAmper named two industry group leaders: Kayla Konovitch (Private Equity) and Kyle Mason (Legal). Their leadership will focus on go-to-market strategies and fostering service line collaboration.  Kayla Konovitch – Kayla brings more than ten... Read Story

June 13, 2025 @ 08:00 AM

KeyBank has released the results of its Middle Market Sentiment Pulse Survey, which was conducted in May 2025 to gauge the current state of the middle market amid economic uncertainty. The survey polled executives of middle market businesses with... Read Story

Filed Under: Industry News
June 13, 2025 @ 07:57 AM

Octaura Holdings raised $46.5 million in an oversubscribed round of funding from both existing and new strategic financial investors. The capital will support the company’s rapid growth and ability to transform how the syndicated loan and CLO markets... Read Story

Filed Under: Industry News
June 13, 2025 @ 07:35 AM

Lafayette Square provided debt and equity capital to support Mosaic Capital Partners' investment in IE Group Holdings, a leading San Diego-based electrical contractor serving mission-critical industries, through a newly formed employee stock... Read Story

Filed Under: Specialty Industries
June 13, 2025 @ 07:12 AM

Benefit Street Partners, a credit-focused alternative asset management firm and a subsidiary of Franklin Templeton, closed on $500 million in total equity commitments for its third captive U.S. CLO equity fund, BSP CLO Equity III.This fund gives BSP... Read Story

Filed Under: Industry News
June 13, 2025 @ 07:04 AM

TPG Twin Brook served as administrative agent on debt financing to support: Shore Capital Partners’ facility upsize of Courser, an IT Managed Service Provider (“MSP”), primarily serving small and medium sized businesses with outsourced IT services... Read Story

June 13, 2025 @ 07:00 AM

JPalmer Collective (JPC) provided a total of $21 million in working capital lines of credit in Q2 of this year.The receiving businesses, which are all women-owned or -founded and were extended individual credit facilities totaling $7MM per company... Read Story

June 12, 2025 @ 08:15 AM

Sorbet, a leading fintech platform that helps employees access the financial value of their unused Paid Time Off (PTO), announced a $25 million debt facility from a fund managed by Pier Asset Management, a private credit investment firm supporting... Read Story

Filed Under: FinTech
June 12, 2025 @ 08:10 AM