Victory Park Capital (“VPC”), announced the closing of a new warehouse facility of just over US$283 million with Zip Co Limited (“Zip”), a digital financial services company offering innovative, people-centered products. The facility, arranged in partnership with ATLAS SP Partners and VPC, will support the continued growth of Zip’s U.S. receivables. VPC is providing the second-lien mezzanine tranche as part of the transaction.The two-year facility will finance Zip’s U.S. Buy Now, Pay Later
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December 16, 2025 @ 08:15 AM
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Salem Five Bank provided a $6 million revolving line of credit to Arocam Sports, a Massachusetts-based operator of youth sports apparel, footwear, and equipment businesses. The revolving facility is designed to support seasonal working capital and provide financial flexibility as Arocam Sports prepares for anticipated 2026 demand, driven in part by excitement around North America’s hosting of the world’s largest soccer tournament. The $6 million revolving line will be used for inventory and
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December 16, 2025 @ 08:12 AM
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Spirit Aviation Holdings, parent company of Spirit Airlines, LLC ("Spirit" or the "Company"), has reached an agreement with its senior secured noteholders to amend its debtor-in-possession ("DIP") credit agreement. The amendment provides for the previously agreed third funding round of an incremental $100 million to be fulfilled today. $50 million (minus OID) is useable by Spirit immediately, and the use of the remaining amount is subject to previously agreed conditions that relate to further
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December 16, 2025 @ 08:08 AM
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Siena Lending Group closed a $60,000,000 asset-based credit facility for Taskmaster Components (“Taskmaster”), a premier provider of cargo and utility trailer tires, wheels, components, and assemblies to OEMs, distributors, and dealers across North America.Taskmaster Components is pleased to participate in an engagement with Siena Lending. The global economy has made it easy to find capital, but finding a lender with innovation and understanding is unique. In Siena, we found thought partners”
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December 16, 2025 @ 08:05 AM
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First Horizon Bank announced that Justin Rutledge will join the bank as Charlotte Market President. He will report to Laura Bunn, Mid-Atlantic Regional President for First Horizon Bank, and will lead market strategy and execution in Charlotte with a focus on client growth, associate engagement and community service."Justin's extensive industry experience and proven track record of developing long-standing client relationships makes him a great fit for this role," said Laura Bunn, Mid-Atlantic
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December 16, 2025 @ 08:00 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of SDG Corporation (“SDG”) by private equity sponsor Recognize Partners. Headquartered in Norwalk, CT, SDG is a leading managed cybersecurity services provider focused on identity and access management (“IAM”), threat, and risk. With approximately 400 professionals across the U.S. and India, SDG has a robust history of providing advisory, implementation, continuous
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December 16, 2025 @ 07:34 AM
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Revitalization Partners Senior Directors Kern Gillette and Jan Heald Robinson have earned the Certified Turnaround Professional (CTP) accreditation from the Turnaround Management Association (TMA). The credential demonstrates the highest standards of the turnaround and restructuring consultation profession.Accreditation is a highly valued and objective measure of a turnaround professional’s experience, knowledge and integrity that is deemed to be required to conduct corporate renewal work. As a
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December 16, 2025 @ 07:30 AM
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The PNC Financial Services Group received the regulatory approvals required to complete its previously announced acquisition of FirstBank Holding Company, including its banking subsidiary, FirstBank. Regulatory approvals have been received from the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the Colorado Division of Banking.PNC expects the transaction to close on or about Jan. 5, 2026, subject to the satisfaction of customary closing
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December 16, 2025 @ 07:08 AM
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Gordon Brothers is offering leasehold interests of luxury fully furnished boutique hotels, cottages and apartments across the United States from Sonder Holdings. These highly sought after hospitality accommodations are available across 190 locations in 17 states. Interested parties have the flexibility to make an offer on either a full or partial portfolio, starting with just one lease. “These leases offer a unique opportunity for growth minded hospitality companies to acquire premier turnkey
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December 16, 2025 @ 07:04 AM
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HyperAMS advised Enterprise Coated Products Inc. on its sale to Loparex, a strategic private-equity-owned company. HyperAMS served as the exclusive sales agent to Enterprise with the transaction, which closed in November 2025.In business for more than 25 years and located in Manteno, Illinois, Enterprise is a leading manufacturer of environmentally friendly silicone based release liners. The Company’s release liners are trusted by hundreds of organizations and incorporated into a variety of
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December 16, 2025 @ 07:00 AM
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Brean Capital entered into a definitive agreement to acquire the Depository & Insurance Investment Banking, Equity Research, and Institutional Equity Sales businesses from Janney Montgomery Scott LLC (“Janney”). The transaction brings to Brean Capital a team of approximately 50 investment bankers, research analysts, and institutional sales professionals with deep sector expertise and a long track record of advisory excellence.The incoming team includes respected sector specialists across
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December 15, 2025 @ 08:15 AM
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Eclipse Business Capital (“EBC”) closed a $65 million senior secured credit facility to a manufacturer in the FB&A industry. The credit facility is secured by accounts receivable and inventory. The transaction refinances the Company’s existing bank debt and provides additional liquidity for ongoing working capital needs. The refinance was in conjunction with a larger restructuring transaction. EBC’s demonstrated track record of executing quickly, coupled with its flexible approach, provided
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December 15, 2025 @ 08:10 AM
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Pathlight Capital announced the final closing of its fourth fund, Pathlight Capital Fund IV LP (“Fund IV”), as well as the second tranche of its Evergreen vertical, Pathlight Capital Evergreen Fund LP (Tranche No. 2) (the “Evergreen Fund” and, together with Fund IV, the “Funds”). The parallel vehicles secured a combined $1.9 billion in capital commitments and introduced a new rated-note feeder structure to expand Pathlight’s product offering. Pathlight now manages over $3.4 billion in AUM across
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December 15, 2025 @ 08:05 AM
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Modern Banking Group (MBG) announced the recent closing and funding of an ABL facility to an experienced wholesaler of licensed consumer goods. The facility consists of a $4 million revolving line of credit for working capital purposes. The C&I Team was able to leverage its longstanding relationship with management to source the deal. “We are relationship bankers,” said Lauren Calantone, Managing Director of C&I Lending. “We prioritize understanding our customers' business needs. As the trusted
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December 15, 2025 @ 07:51 AM
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Clarus Capital closed a new $30 million lease facility for a sponsor-backed engine parts manufacturer. Immediate financing proceeds replenished liquidity for recently delivered assets, with significant dry powder remaining to support additional purchases as new product programs come online.Clarus CEO Steve O’Leary commented “Clarus worked seamlessly with the equipment vendor to support the client’s liquidity management needs ahead of their fiscal year end while providing a scaled solution for
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December 15, 2025 @ 07:50 AM
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