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News Stories (44 Results) - Ge Capital

Encina Business Credit, LLC announced that Clark D. Griffith has joined the company as Senior Managing Director to lead originations on the West Coast. Griffith, who is based in Los Angeles, has nearly 20 years of experience in asset-based lending... view press release
January 10, 2018, 07:30 AM

ApplePie Capital, the first online lender solely dedicated to the franchise industry, has entered into a $180 million loan purchase agreement with TowerBrook Capital Partners L.P. (TowerBrook) to purchase franchise loans originated by ApplePie over a... view press release
December 13, 2016, 07:33 AM

BMO Financial Corp. announced the appointment of Diane Cooper, formerly the President and CEO of GE Capital's Commercial Distribution business, to the BMO Financial Corp. Board of Directors."Diane's wealth of knowledge and financial services... view press release
October 25, 2016, 07:36 AM

GE has completed the sale of its Commercial Lending and Leasing business in India to a consortium of former GE Capital executives led by Pramod Bhasin and Anil Chawla and backed by AION Capital Partners. The transaction represents ending net... view press release
September 01, 2016, 07:03 AM

Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced it has entered into a definitive agreement with GE Capital to acquire a portfolio with approximately $190 million of performing restaurant franchise financing loans.... view press release
June 29, 2016, 08:01 AM

A Capital One survey found that 41 percent of U.S. healthcare industry leaders expect mergers and acquisition transactions to be their preferred growth strategy for 2016, outpacing organic growth through revitalizing and updating existing offerings... view press release
January 13, 2016, 08:04 AM

GE has completed the previously announced sale of its European Sponsor Finance business, representing aggregate ending net investment (ENI) of approximately US$2.1 billion, to Sumitomo Mitsui Banking Corporation Europe (SMBCE). GE has also closed the... view press release
September 17, 2015, 08:02 AM

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation and an affiliate of GE Capital, announced that during the first quarter of 2015 it closed six financing transactions, including refinancings of... view press release
May 06, 2015, 08:01 AM

Vestar Capital Partners, Brockway Moran & Partners and CHS Capital announced that Vestar has signed a definitive agreement to acquire Woodstream, a leading manufacturer and marketer of branded pest and animal control as well as lawn and garden... view press release
April 28, 2015, 07:29 AM

NATEL Engineering Company, Inc. and OnCore Manufacturing, LLC, both global suppliers of electronic manufacturing services (EMS), announced today that an agreement has been signed to merge the two firms. The merger will create a new EMS company with... view press release
March 31, 2015, 07:41 AM

Nautic Partners, LLC (“Nautic”) announced that it has partnered with management to acquire IPS Corporation. IPS is a global provider of solvent cements, specialty plumbing products and specialty adhesives. Terms of the transaction were not disclosed.... view press release
February 10, 2015, 07:46 AM

Ares Management and GE Capital announced today that the European Senior Secured Loan Programme (ESSLP), a €1.75 billion joint venture between affiliates of the two firms, has provided a £187M financing package to fund the acquisition of Open GI, a UK... view press release
December 08, 2014, 07:27 AM

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation (“Ares Capital”) and an affiliate of GE Capital, announced on November 4, 2014 that during the third quarter it closed 6 financing transactions... view press release
November 11, 2014, 07:28 AM

The Commercial Finance Association (CFA) elected Thomas Greco to serve on its Executive Committee for fiscal year 2015. Tom and the other existing and newly elected board members comprised of key leaders in the commercial finance industry will guide... view press release
October 08, 2014, 07:43 AM

RadioShack Corporation announced that it has entered into definitive agreements to restructure a portion of its existing debt, providing additional near-term liquidity and serving as a first step in a stronger foundation for the Company's continued... view press release
October 06, 2014, 07:28 AM

Square 1 Bank announced that seasoned venture banker Bill Griesinger has joined as senior vice president. Griesinger will lead the bank's business development efforts in the Houston technology community and expand its presence throughout Texas."I am... view press release
September 04, 2014, 07:22 AM

Stamford, Connecticut-based Olympus Partners has acquired Innovative XCessories & Services, LLC ("IXS"), a leading provider of upfit services and accessories to the automotive aftermarket and original equipment manufacturers. Its aftermarket division... view press release
August 22, 2014, 07:45 AM

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation (“Ares Capital”) and an affiliate of GE Capital, announced today that during the second quarter it closed nine financing transactions, including... view press release
August 07, 2014, 07:40 AM

Amedica Corporation, a biomaterial company focused on using its Silicon Nitride technology platform to develop, manufacture and sell a broad range of medical devices, announced that it has secured up to $26.0 million in additional funding consisting... view press release
July 02, 2014, 07:26 AM

Tembec (the "Company") announced that it has successfully amended its asset-based secured revolving credit facility with GE Capital and CIBC (the "Lenders). The amending agreement provides the Company with additional flexibility through a $15 million... view press release
June 27, 2014, 07:24 AM

The National Center for the Middle Market (NCMM) named Thomas A. Stewart as its new Executive Director. The NCMM -- a partnership of GE Capital and The Ohio State University Fisher College of Business -- is the nation's leading research institution... view press release
April 08, 2014, 07:31 AM

GE announced today that it has filed a registration statement with the Securities and Exchange Commission for the initial public offering (IPO) of its North American Retail Finance business. As previously announced, the IPO is the first step in a... view press release
March 13, 2014, 07:23 AM

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation and an affiliate of GE Capital, announced that during the fourth quarter it closed 13 financing transactions, including refinancings of existing... view press release
February 27, 2014, 07:08 AM

GE Antares, a unit of GE Capital, announced it closed more than 170 senior loan transactions with corporate borrowers across 90 private equity firms, totaling over $13 billion in financing in 2013 and retaining its position as the most active lender... view press release
February 20, 2014, 07:36 AM

In a company press release announcing the appointment of three new officers, GE announced Jennifer VanBelle has been appointed vice president and Chief Risk Officer, Capital Management at GE Capital. VanBelle leads GE Capital’s capital planning... view press release
December 24, 2013, 07:48 AM

Bibby Financial Services announced Jeffrey Morse has been appointed to the position of Risk Director. Morse previously served in high-level management roles at several companies, including Chase Commercial Corp., Fleet Credit Corp., Bank of America... view press release
October 30, 2013, 08:01 AM

GE announced Marisa Harney has been appointed vice president and chief risk officer of GE Capital Americas, GE Capital’s North American lending and leasing business. In this role, Harney will lead the independent risk team responsible for managing... view press release
August 08, 2013, 08:01 AM

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation and an affiliate of GE Capital, announced that it closed seven financing transactions, including refinancings of existing portfolio companies... view press release
August 06, 2013, 03:13 PM

Tech Valley Communications (TVC), a portfolio company of Riverside Partners, and facilities-based telecommunications service provider operating fiber optic networks in Upstate New York and Northern New England with connectivity to Canada, announced... view press release
July 10, 2013, 07:49 AM

Cytori Therapeutics entered into a four-year, $27 million term loan with Oxford Finance Corporation and Silicon Valley Bank. The loan provides for an interest-only payment period of at least 12 months with the potential to be extended up to 18 months... view press release
July 02, 2013, 07:07 AM

dELiA*s, Inc. announced that it has entered into a new, four year, $30 million revolving credit facility with Salus Capital Partners, LLC. The new facility replaces the Company’s prior $25 million revolving credit facility with GE Capital, Corporate... view press release
June 17, 2013, 08:11 AM

Golden Gate Capital has successfully completed its acquisition of Springs Window Fashions, the second largest provider of custom window covering products in the world, from Heartland Industrial Partners and interests of the Close Family.BofA Merrill... view press release
June 06, 2013, 08:02 AM

Reuters reported Kristi Colburn, global head of GE Capital Markets, will retire from the company effective the end of June after 19  years with the company.Additionally, according to the Reuters report, Stewart Koenigsberg will succeed Colburn as... view press release
May 31, 2013, 08:05 AM

Mayor Rahm Emanuel and World Business Chicago Vice-Chairman Michael Sacks announced Friday that Jeff Malehorn has been selected as the new president & CEO of World Business Chicago. “Jeff Malehorn is an outstanding choice for a critical role in the... view press release
May 28, 2013, 07:29 AM

Dial Global announced the company, its lenders and certain of its stockholders closed on the company's previously announced recapitalization of the company's existing credit facilities, other obligations and equity interests. As part of the... view press release
April 17, 2013, 07:27 AM

Harvest Partners, a New York-based private equity firm, and the management team of AxelaCare Holdings, Inc. have completed the acquisition of the company from Excellere Partners, a Denver, CO-based private equity firm. Terms of the transaction were... view press release
April 16, 2013, 07:18 AM

GE Capital EMEA has signed an agreement with IPH Group to provide trade receivables financing for the company in France, Germany and the Netherlands. Using an innovative SPV structure GE Capital EMEA has been able to underwrite and hold 100% of the... view press release
April 11, 2013, 07:23 AM

GE Capital’s Telecom, Media and Technology (TMT) financing business announced it completed 58 deals totaling $3.7 billion during 2012. The TMT business addresses the financial needs of customers in key growth sectors, including cable, data centers... view press release
February 25, 2013, 08:03 AM

Audax Group announced it has completed a recapitalization of Heckethorn Products Inc., d/b/a Rough Country Suspension Systems (“Rough Country”) in partnership with management. GE Capital Corporation and BMO Capital Markets provided senior debt... view press release
February 01, 2013, 07:53 AM

GE announced today fourth-quarter 2012 operating earnings of $4.7 billion, up 13% from the fourth quarter of 2011. GAAP earnings from continuing operations were $4.3 billion, up 9%. Revenues were $39.3 billion for the quarter, up 4%, and $147.4... view press release
January 18, 2013, 07:18 AM

Harvest Partners, a New York-based private equity firm, and the management team of Garretson Resolution Group (GRG) have completed a recapitalization of GRS resulting in a successful liquidity event for Pfingsten Partners. Terms of the transaction... view press release
December 24, 2012, 09:11 AM

Entravision Communications entered into a new $50 million credit facility, consisting of a $20 million term loan and a $30 million revolving credit facility. The new credit facility replaces the company's existing $50 million revolving credit... view press release
December 24, 2012, 07:58 AM

GE Capital, Franchise Finance recently provided a $7.17 million loan to The Cain Holding Group, a Panera Bread franchisee. The loan will be used to refinance existing debt, remodel two existing locations, and fund new construction of three locations.... view press release
December 12, 2012, 08:11 AM

GE Capital, Corporate Finance announced it is administrative agent on a $300 million cash flow credit facility for Rentech Nitrogen, a manufacturer and distributor of nitrogen fertilizer products, and Rentech Nitrogen Partners. The financing funded... view press release
November 16, 2012, 08:08 AM