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Trinity Capital announced the commitment of $15 million in growth capital to TQA, a leader in agentic automation, data, and AI consulting, partnering with organizations to streamline operations and improve efficiency.   Founded in 2020 and headquartered in Austin, Texas, TQA is a consulting firm specializing in agentic AI, intelligent automation, and data, and provides advisory, implementation, and managed services to clients across North America, Europe, and Asia. The company serves clients in Read Story

Field Under: Technology
September 09, 2025 @ 08:15 AM

nFusion Capital provided a $6 million asset based lending facility to a Texas-based equipment rental and supply center. The financing will support the Company in accelerating its strategic expansion plans in the region and building on its strong growth momentum.The young Company had scaled rapidly, building a $49 million revenue stream in just three years. Its diverse fleet of rental equipment includes aerial lifts, earthmoving machinery, compaction tools, power and lighting units, UTVs, and Read Story

Field Under: Rental
September 09, 2025 @ 08:10 AM

O2 Sponsor Finance, a division of Old Second National Bank provided senior secured credit facilities to support San Francisco Equity Partners ("SFEP") in its majority investment in Formula Corp - a leading formulator and contract manufacturer of cleaning products.Founded in 1983, Formula Corp is an innovative manufacturer of custom blended cleaning products for both consumer and professional end markets. The company provides an array of turnkey services to its customers, including R&D Read Story

Field Under: Manufacturing
September 09, 2025 @ 08:05 AM

The PNC Financial Services Group  announced a definitive agreement to acquire FirstBank Holding Company, including its banking subsidiary FirstBank, headquartered in Lakewood, Colo.FirstBank, with $26.8 billion in assets as of June 30, 2025, provides commercial and retail banking services across Colorado and Arizona. FirstBank operates 95 branches, with a leading position in Colorado and a substantial presence in Arizona. The addition of FirstBank's strong presence in these fast-growing markets Read Story

Field Under: Banking News
September 09, 2025 @ 08:00 AM

Summit Ridge Energy, a leading commercial solar company, closed a $305 million senior secured credit facility with Bank of America to support a portfolio of community solar projects across Illinois and Maryland, totaling 158 megawatts (MW) of capacity. The facility was raised alongside HASI, a leading investor in sustainable infrastructure assets.The financing package, which includes a $281 million term loan and a $24 million letter of credit facility, will provide term financing for the Read Story

Field Under: Energy
September 09, 2025 @ 07:50 AM

Briar Capital Real Estate Fund closed a new $5,500,000 real estate term loan to a 4th generation family-owned distributor of educational and recreational products.The transaction was referred to Briar Capital by a bank-owned asset-based lender seeking to exit the lending relationship after a covenant breach. Briar replaced the lender’s real estate term debt while a separate ABL lender provided the company with a working capital facility. To complete the transaction, Briar worked closely with the Read Story

Field Under: Real Estate
September 09, 2025 @ 07:40 AM

Perkins Coie announced that Jeff Beuche, a veteran mergers and acquisitions partner, has returned to the firm’s Denver office. Beuche was previously instrumental in leading the firm’s M&A practice and is known for his practical, straight-forward counsel while guiding clients through successful transactions.  Beuche is highly regarded by clients for advising on complex M&A deals and has decades of experience counseling public and private companies, investors, management teams, and founders in Read Story

September 09, 2025 @ 07:04 AM

J.F. Lehman & Company ("JFLCO"), an alternative asset manager focused exclusively on the aerospace, defense, government, maritime, environmental and infrastructure sectors, announced several team additions and promotions.Team additions include Jonathan J. Holden to the Portfolio Operations team as well as Andrew E. Karmin and Sebastian A. Cai to the Investment team and Jessica Jung to the Administration team. "These latest additions further highlight the firm's ability to attract outstanding Read Story

September 09, 2025 @ 07:00 AM

Latham & Watkins LLP announced that Mohammed Shaheen has rejoined the firm's Chicago office as a partner in the Banking & Private Credit Practice. Shaheen represents banks and private credit funds in complex credit facilities, leveraged and acquisition financings, and restructurings."We are delighted to have Mohammed rejoin our team, bringing with him a reputation for excellence and a track record of delivering outstanding results for clients pursuing their most important financing goals," said Read Story

September 09, 2025 @ 06:00 AM

EBSC successfully closed financing on a new multifamily and mixed-use development in Morehead City, North Carolina, just 21 days after stepping in to replace the original lender, who exited the deal one week before the scheduled closing.“When the original lender unexpectedly pulled out just days before closing, our team was able to mobilize quickly and bring the deal across the finish line in three weeks,” said Martin Alex, Chief Executive Officer of EBSC. “This is exactly where we see Read Story

Field Under: Real Estate
September 09, 2025 @ 06:00 AM

Global consulting firm J.S. Held reveals the “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held.  The third quarter survey results highlight the persisting lender views on policy decisions and their national/global impacts. Phoenix’s Q3 2025 “Lending Climate in America” survey asked lenders which factors could have the strongest potential to impact the economy in the upcoming six months. Thirty-nine percent of lenders are paying the most attention to overall Read Story

Field Under: Industry News
September 08, 2025 @ 08:15 AM

Amerisource Business Capital announced the closing and funding of an $8,000,000 NAV loan facility for a private equity independent sponsor.  The sponsor maintains a global investment strategy with a focus on acquiring controlling equity positions in energy-related companies. The sponsor is actively pursuing multiple acquisitions, and the NAV loan will provide additional liquidity to support its ongoing growth and investment initiatives.“We are pleased to support this independent sponsor as they Read Story

Field Under: Private Equity
September 08, 2025 @ 08:10 AM

eCapital funded a $6 million healthcare receivables facility to a dynamic skilled nursing operator in California for working capital needs.The facility will provide immediate access to liquidity to support ongoing operations and ensure the operator can navigate the complex reimbursement cycles and regulatory demands common in skilled nursing. With capital in place, the operator is positioned to focus on care delivery while maintaining financial flexibility.“Healthcare is a sector where Read Story

Field Under: Nursing Facilities
September 08, 2025 @ 08:00 AM

WSFS Financial Corporation, the parent company of WSFS Bank, announced the addition of industry veteran Kevin Stach to its growing middle market team. As Senior Vice President, Middle Market Senior Relationship Manager, Stach will be focused on serving family- and sponsor-owned companies with revenues between $50-250 million for the Greater Philadelphia area.Prior to joining WSFS, Stach spent more than eight years in New York City as a Corporate Banking Relationship Manager with SMBC Group Read Story

September 08, 2025 @ 07:50 AM

Bank of America has named Jamie Ahdunko, Preferred Banking strategic values initiatives manager, president of Bank of America Reno. She succeeds Andrew Diedrichsen, who led the market since 2019 and will continue as Business Banking senior relationship manager.As president and head of the market, Ahdunko will connect clients, teammates and communities to the full power of the franchise and drive integration across our eight lines of business. She will oversee our efforts to grow market share by Read Story

September 08, 2025 @ 07:43 AM