U.S. Bank announced Dan Son as the new head of its Working Capital Finance division. Son replaces Sam Philbrick, who is retiring after 45 years in banking, including 18 years at U.S. Bank in which he helped grow the asset-based finance business into a top national franchise.Son will be responsible for the development, coordination and delivery of working capital solutions from across the bank for clients. The Working Capital Finance division includes several established product verticals
Read Story
April 24, 2025 @ 08:15 AM
|
Chomps, the fastest-growing snack brand in the U.S. and maker of high-quality meat snacks, has secured a new $100 million revolving line of credit with Wells Fargo.The credit will provide Chomps with increased financial flexibility to support continued expansion across all aspects of its business. These funds will be strategically allocated to expand the company’s production capacity and capabilities, expand operations, and support ongoing retail programs and marketing initiatives."Our
Read Story
April 25, 2025 @ 07:58 AM
|
MAX Surgical Specialty Management (MAX), a premier surgeon-led provider of oral and maxillofacial surgery (OMS), closed on a $77 million senior credit facility provided by Freeport Financial Partners. The financing will support the next phase of the company's strategic growth, with a focus on forming new partnerships with leading OMS practices across the Northeast."Staying close to the communities we serve is at the heart of our partnership strategy," said Mark Censoprano, Co-CEO of MAX. "This
Read Story
April 25, 2025 @ 07:50 AM
|
TPG, a leading global alternative asset management firm, announced the launch of TPG Sports, a dedicated investing business focused on partnering with companies, teams, and leagues shaping the future of sports. TPG is launching the strategy in partnership with career Grand Slam golfer Rory McIlroy, his business partner Sean O'Flaherty, and their team at Symphony Ventures. McIlroy and O'Flaherty will serve as Operating Partners for the strategy, contributing to sourcing investments and value
Read Story
|
Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the upsize of its leverage facility with KeyBank, one of the nation's largest bank-based financial services institutions. The leverage facility, agented by KeyBank, provides more than $700 million of capital and includes the recent additions of new lending partners, OceanFirst Bank and HomeStreet Bank.“We believe that Great Rock is well positioned to grow with a strong management team
Read Story
April 23, 2025 @ 08:15 AM
|