Can Do Brands LLC, backed by Decoro Home LLC, with strategic support from the Wholesale & Industrial division of SB360 Capital Partners LLC and Hilco Receivables LLC, has completed the acquisition of the intellectual property and select e-commerce assets of Honey-Can-Do International, LLC, a trusted name in the home storage and organization category.SB360, in conjunction with Hilco, provided valuable support throughout the structuring and execution of the transaction. In addition, SB360 and
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Wingspire Capital provided a $55 million revolving credit facility to a leading contract healthcare services provider that serves thousands of sites across the country.Wingspire Capital’s Healthcare Finance team partnered with the borrower to deliver a flexible, creative financing solution designed to enhance liquidity and support their strategic objectives. Proceeds will be used to replace a previous credit facility and create greater liquidity for general corporate purposes.The borrower serves
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Carlyle and Citi recently announced they will collaborate on asset-backed financing opportunities in the rapidly evolving fintech specialty lending space. Carlyle and Citi have formalized a framework to exchange market intelligence and explore co-investment and financing opportunities. Their mutual strength as global leaders in asset-backed finance will be enhanced by the investment expertise and network of Citi’s Spread Products Investment in Technologies (SPRINT) team – a prominent venture
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Amerisource Business Capital closed and funded a $5,500,000 asset-based lending (ABL) facility, leveraging accounts receivable and commercial real estate for a Midwest-based nursing and medical staffing company. The facility will provide the company with enhanced access to working capital, supporting its ongoing growth and expansion initiatives. Jeff Dunbar, Market Manager at Amerisource, commented, “We are pleased to partner with this growing healthcare provider. Our team delivered a tailored
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Aequum Capital Financial, a middle-market asset-based lender, announced the addition of lending industry veteran Bill Drmacich. Based in the Southeast, Bill has joined Aequum as Head of Originations. In this role, he will be responsible for sourcing new lending opportunities and supporting the strategic growth of origination efforts beyond the greater Midwest."Bill has a strong history of building relationships with company executives, investment bankers, turnaround consultants, and private
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AIP Capital, an alternative investment manager focused on opportunities in asset-based finance, announced it has a venture with Monroe Capital to acquire a diversified aircraft leasing portfolio of up to $1 billion of investments, consisting of mid-life aircraft on long term lease to airlines globally. Monroe will provide the investment capital and has identified AIP Capital ("AIP) to act as servicer of the assets.This venture will seek to acquire a diversified aircraft leasing portfolio
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Capteris, the private credit equipment finance platform in alliance with Apollo, announced a $22 million lease commitment for a private equity owned provider of healthcare services.“Our customer was looking for a partner who could provide lifecycle financing for their transportation fleet along with significant funding capacity to support their expanding needs. Given our expertise with the collateral, we worked closely with the financial sponsor and the management team to provide a tailored
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Post Road Equipment Finance (“Post Road”) announced the successful completion of two landmark transactions in the premium label manufacturing sector, reinforcing its role as a trusted financing partner for industry leading companies across the middle and upper middle market.Post Road finalized a $50 million lease line facility for a globally recognized manufacturer of pressure-sensitive labels, serving the health, food & beverage, industrial, and consumer sectors. The transaction comprises a $35
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Moritt Hock & Hamroff welcomed Sabrina Arfeen, Claudio Diaz, Pacika Guerra, Abla Laallam, Mofiyinfoluwa Shotayo and Hannah Stubbs to its 2025 Summer Associates Program. "We are thrilled to welcome this talented group of summer associates to the firm," said Michael Cardello III, Managing Partner of Moritt Hock & Hamroff. "Working alongside our attorneys the group will gain meaningful real work life experience and training across a variety of practice areas. We look forward to their
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U.S. policy unpredictability, led by tariffs, continues to cloud the global macro picture, according to a report that S&P Global Ratings titled "Global Economic Outlook Q3 2025: Unpredictable U.S. Policy Clouds Global Growth Prospects."The report says that activity is generally holding up: consumption remains firm and labor markets remain tight.Market volatility has fallen as tariffs have been partially paused, but government bond yields have risen, mainly on debt worries; many central banks
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Gordon Brothers has acquired SOLIC Capital Advisors (SOLIC), a premier financial advisory and investment banking firm with deep experience in realizing value recovery in complex situations.Gordon Brothers’ acquisition of SOLIC is a complement to the firm’s existing suite of asset services, lending and financing, and trading and broadens its client base by expanding its deep asset expertise to a variety of areas, including the healthcare sector, which is a key area of growth for the firm.Founded
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Penguin Solutions completed a refinancing of its credit facilities via a $400 million revolving credit facility, which includes a $35 million letter of credit subfacility.“This refinancing represents a significant financial milestone for the Company,” said Nate Olmstead, chief financial officer. “As part of the transaction, the Company has meaningfully reduced leverage while also extending our overall debt maturity. This new financing provides future flexibility for the Company’s capital needs
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Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announced a recently closed and funded $6,752,000 revolving line of credit, equipment term loan, and real estate term loan to fund the acquisition of a Pennsylvania company blending and packaging liquids.The transaction involved complex negotiations and a challenging real estate component that many asset-based lenders can’t accommodate."What made this deal
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Metalla Royalty & Streaming Ltd. (Metalla) entered into an agreement with Bank of Montreal ("BMO") and National Bank Financial ("NBF") for a revolving credit facility that allows the Company to borrow up to $40 million with an accordion feature for an additional $35 million of availability, subject to satisfaction of certain conditions. Concurrent with entering into the Facility, the Company has also fully repaid and retired its existing C$50.0 million convertible loan facility with Beedie
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Comerica Bank announced Stephen Jeffrey has been named its Senior Vice President, Austin Market President. In this role, Jeffrey will lead market strategy, collaboration, community development and overall growth, as well as direct the region's commercial team as Group Manager of Business Banking and Middle Market."What sets Stephen apart is not just his expertise in banking, but his deep generational roots in this community," said Corey Bailey, Comerica's Executive Vice President, Executive
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