Trinity Capital announced the commitment of $15 million in growth capital to K2view, an enterprise data management innovator powering operational data products for generative AI. Founded in 2009, K2view helps global enterprises – including brands in financial services, telecom, healthcare, and retail – unify fragmented data across systems to deliver secure, real-time data products at scale. The K2view Data Product Platform supports a growing number of operational use cases, including data
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MidCap Business Credit closed a $16 million asset-based revolving and term loan credit facility for a privately held frac sand manufacturer based in the Midwest.The credit facility will be used to support the company’s working capital needs and refinance existing debt, enabling the business to expand production capacity and meet growing demand from the energy sector. The borrower, a key supplier to oilfield service companies, specializes in high-quality proppant materials critical to hydraulic
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Global consulting firm J.S. Held released its proprietary “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held. The second quarter survey results highlight lenders’ views on important issues, including policy decisions along with their national and global impact. “The impact of the recent tariff changes and the future outlook are clearly depicted in our Q2 survey. A whopping 67% of lenders now believe a U.S. recession has the strongest potential to affect
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Altriarch Asset Management closed a $15 million senior secured revolving credit facility for Bigfoot Capital, LLC. The facility includes a $10 million accordion feature, allowing for expansion up to $25 million.Founded in 2017, and based in Denver, Colorado, Bigfoot is an alternative lender providing fully non-dilutive growth capital to established B2B software companies across the country. Since inception, Bigfoot has successfully deployed nearly $100 million to more than 50 software companies.
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WhiteHawk Capital Partners provided a $70 million senior secured term loan to an online grocer focused on providing fresh, high-quality, and locally sourced products to customers. The Company has long-standing relationships with local farms, fishermen, and bakeries to deliver products multiple days fresher than traditional retailers. The financing provides additional flexibility to support future growth."We are pleased to provide this flexible financing solution to a company in an essential
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Lighthouse Financial Corp. completed a $2,750,000 revolving line of credit to a New Jersey based manufacturer and distributor of all-natural pest repellants. The company's passion is creating plant-based pest control products that offer uncompromised product performance and are safe for your family and the planet.Due to balance sheet leverage, the existing bank would not increase the company's line of credit to support growth and suggested the company seek alternative financing. Lighthouse
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Vultr, a privately-held cloud infrastructure company, closed a $255 million syndicated credit facility including a $35 million uncommitted accordion, in addition to $74 million of recently-closed lease financing, for a total of $329 million of credit financing. The syndicated credit facility was led by J.P. Morgan, Bank of America and Wells Fargo, with additional participation from Citi, Goldman Sachs and KeyBank. Vultr plans to use the additional capital to expand its global footprint of
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Mayer Brown announced that Greg Oguss has joined the firm in Chicago as a partner in its Corporate & Securities practice and Global Insurance Industry Group. Greg was previously global chief counsel for corporate development at Athene Holding Ltd., a subsidiary of Apollo Global Management, Inc.“Greg is widely recognized as a leading legal advisor on commercial, legal strategy and regulatory matters related to cross-border insurance M&A, asset-intensive reinsurance and asset management
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Haynes Boone added Real Estate Finance Partner Moni Sarmadi back to the firm’s New York office. Sarmadi returns to Haynes Boone after serving as a vice president on the real estate investment team at Goldman Sachs for three years.Sarmadi was previously an associate at Haynes Boone for six years, where he focused on commercial real estate lending and worked closely with institutional lenders on mortgage and mezzanine financings. His practice centers on the structuring and origination of complex
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Wingspire Capital provided a $50 million senior secured credit facility to Accuray Incorporated, that includes a $20 million revolver and a $30 million term loan, with proceeds being used to replace a previous debt facility and for general corporate purposes. The financing was part of a convertible note exchange and refinancing of a $150 million term loan facility by global asset manager TCW Asset Management Company LLC that was announced on June 6.Accuray invents market-changing solutions
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Rosenthal Capital Group (RCG), announced the completion of a $3.5 million asset-based loan facility for a well-established family owned fine jewelry retailer in the Midwest. In business for 90 years, the Chicago-based company was seeking a new lending relationship when its existing non-bank lender made the decision to exit the jewelry industry altogether. A local investment banker in Chicago working with the company introduced RCG to the company’s management team. RCG was able to move quickly to
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Huntington Business Credit closed $45,888,000 in new credit facilities with Down-lite International, Inc. on May 13, 2025. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.Down-lite International, Inc., headquartered in Mason, Ohio, is a manufacturer and distributor of down and synthetic filled products and bulk feathers primarily to domestic retail customers.
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CIBC Innovation Banking provided a growth capital financing to Carefull, a leading financial safety platform focused on protecting aging adults from financial fraud and exploitation. This financing will further accelerate the company’s expansion, bringing its innovative financial protection solution to more families, financial institutions, and wealth managers.Carefull’s AI-powered platform was designed in direct response to the growing threat of financial fraud targeting aging adults. Carefull
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HarbourVest Partners, a global private markets investment specialist with more than $147 billion in assets under management as of March 31, 2025, announced the appointment of Elizabeth Pritchard as managing director and Head of Data and Analytics. In this role, Elizabeth will lead and grow the firm’s data vision and strategy.“We are excited to welcome Elizabeth to HarbourVest,” said John M. Toomey Jr., CEO, HarbourVest Partners. “Data-driven decision making has always been at the core of how we
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Ares Management Corporation announced the launch of its first European Long-Term Investment Fund (“ELTIF”) vehicle, the Ares European Strategic Income ELTIF Fund (“AESIF ELTIF”), a semi-liquid perpetual direct lending fund that will provide individual investors in the European Economic Area with expanded access to Ares’ leading European Direct Lending strategy.AESIF ELTIF is the latest offering through the wealth channel and its first under the updated ELTIF regime. Designed to deliver a
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