Trinity Capital announced the appointment of Josh Mackey, Director of Tech Lending, based in San Francisco, California. With over a decade of experience supporting innovative technology companies across the U.S., Mackey is a trusted partner within the venture ecosystem."It is a pleasure to welcome Josh to the Trinity team," said Phil Gager, Senior Managing Director of Tech Lending at Trinity Capital. "We believe Josh's deep industry experience will further strengthen our Tech Lending business
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August 25, 2025 @ 08:11 AM
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LendingTree announced the successful closing of a $475 million credit facility, consisting of a new $400 million five-year Term Loan B and a $75 million revolving credit facility. The financing replaces the company's existing Term Loan B due 2028 and its loan agreement with Apollo, delivering significant benefits to LendingTree's capital structure and strategic flexibility."This transaction marks a major milestone in our ongoing efforts to enhance our financial foundation," said Jason Bengel
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August 25, 2025 @ 08:10 AM
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Advantage Business Capital, a subsidiary of Central Bank, provided a $10 million factoring facility to a beverage manufacturer. The client secured a sizeable opportunity with a major national retailer. This factoring facility with Advantage will help them bridge the gap between production and payment, ensuring the seamless execution of the nationwide initiative.
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August 25, 2025 @ 08:05 AM
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The Equipment Leasing & Finance Association (ELFA) released its Cap/Ex Finance Index for July, which showed a year-to-date fall but an improvement from June. Highlights from the report include:
FORECAST: The change in new business volumes (NBV) suggests a 0.1% increase in new durable goods orders in July.
Total NBV among surveyed ELFA member companies was $9.7 billion on a seasonally adjusted basis in July, an increase of 1.7% from June.
NBV year-to-date contracted by 3.8% relative to the
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August 25, 2025 @ 07:40 AM
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DLA Piper represented Concord, a leading independent music company, in securing a US$450 million senior secured credit facility led by Fifth Third Bank as administrative agent, lead arranger, and joint bookrunner.Concord’s catalog amasses more than 1.3 million music copyrights, including songs by The Beatles, Beyoncé, Bruno Mars, Daddy Yankee, Ed Sheeran, Michael Jackson, Pink Floyd, Rihanna, Taylor Swift, and The Rolling Stones.The DLA Piper global team was led by Partner Robert Sherman (Los
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August 25, 2025 @ 07:34 AM
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Winston & Strawn represented Loop Capital Markets, as placement agents’ counsel, in connection with the initial public offering of Bally’s Chicago, Inc. The registration statement, under which the offering was conducted, was declared effective by the SEC on August 12, 2025, and resulted in nearly 1,800 unique investors, more than 1,000 of whom are Chicago residents, becoming shareholders in Bally’s Chicago. Bally’s Chicago, a subsidiary of Bally’s Corporation, is developing Chicago’s first and
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August 25, 2025 @ 07:05 AM
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Commerce Bancshares, the holding company for Commerce Bank, announced it has received all regulatory approvals to complete its proposed merger with FineMark Holdings Inc., the holding company for FineMark National Bank & Trust. The transaction has been approved by the Federal Reserve Bank of Kansas City and the Missouri Division of Finance and remains subject to approval of FineMark shareholders and other customary closing conditions. The transaction is anticipated to close on Jan. 1, 2026, as
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August 25, 2025 @ 07:03 AM
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Citizens Capital Markets & Advisory served as the exclusive financial advisor to APHIX, a provider of commercial landscaping services, on its sale to Gauge Capital. APHIX was previously a portfolio company of Caltius Equity Partners, a Los Angeles-based private equity firm.Based in Frankfort, Ky., APHIX provides comprehensive commercial landscaping solutions with locations in Kentucky, Tennessee and Alabama. During its partnership with Caltius, APHIX demonstrated exceptional organic growth and
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August 25, 2025 @ 07:00 AM
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MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, announced the initial funding of $152,000,000 in total bridge and working capital financing for the acquisition of nine skilled nursing facilities across North Carolina. The $142,000,000 bridge debt carries a 36-month initial term with two extension options. Proceeds will support the acquisition of the skilled nursing portfolio, which comprises nearly 1,100 licensed beds. “The MONTICELLOAM team did an
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August 22, 2025 @ 08:20 AM
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JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-founded and natural products companies focused on the “conscious consumer,” closed a $7 million line of credit with Cerebelly, a leading producer of organic, nutrient-rich baby food purees.“Cerebelly is a perfect fit for JPalmer Collective: A women-founded, first-of-its-kind food brand working to positively improve baby’s health and nutrition,” said Jennifer Palmer, founder and CEO of JPalmer
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August 22, 2025 @ 08:17 AM
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Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers announced the successful upsize of their existing senior secured credit facility to fund Aligned’s continued growth and accelerate its portfolio strategy. The upsize brings BXCI commitments to Aligned to over $1 billion and is committed entirely by accounts managed by BXCI’s Infrastructure & Asset Based Credit Group. The expanded financing partnership supports Aligned’s rapid growth and accelerates the development of the company’s
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August 22, 2025 @ 08:15 AM
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Pinnacle Financial Partners and Synovus Financial Corp. have named the combined company’s expected executive leadership team in the next step to bringing together two of the top-performing regional banks. The merger between Pinnacle and Synovus is expected to close in the first quarter of 2026, at which time President and CEO Kevin Blair will be joined by an experienced team of leaders that draws from the best of both institutions.Upon closing, this team is expected to lead the firm’s most
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August 22, 2025 @ 08:10 AM
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MONTICELLOAM, along with a firm affiliate, closed a floating-rate senior bridge loan for an apartment complex located in St. Augustine, Florida. The financing was originated by MONTICELLOAM Managing Director Chris Hetzel and was facilitated by Robert LaChapelle, Blake Cohen, and Reed McGarity of CBRE Atlanta. “We were excited to work with an experienced sponsorship to tailor bridge financing that is aligned with their long-term goals. MONTICELLOAM is looking forward to continuing to grow our
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August 22, 2025 @ 08:00 AM
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PlainsCapital Bank welcomed Hudson Marshall as Executive Vice President, Commercial Banking and Public Finance. In this role, Marshall will lead the continued growth of PlainsCapital’s commercial middle market business in Dallas and oversee the bank’s public finance strategy. He will work closely with HilltopSecurities, PlainsCapital’s sister company, to provide tailored capital solutions for governmental, institutional, and nonprofit clients.Marshall brings more than 20 years of experience in
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August 22, 2025 @ 07:17 AM
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Sallyport Commercial Finance announced the funding of a $10,000,000 Accounts Receivable facility for a seasoned third-party logistics provider. The client faced a pivotal moment; needing to repay obligations to their existing senior lender while injecting fresh working capital to stabilize operations. Referred to Sallyport by Marcus Ferrari of Commercial Finance Partners and partnering with a trusted SBA lender, Sallyport was able to deliver a seamless funding package. Commercial Finance
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August 22, 2025 @ 07:05 AM
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