AloStar Capital Finance Commits $20MM to Fenix Parts

AloStar Capital Finance agented and closed a $20 million credit facility to support the recent acquisition of Fenix Parts by Stellex Capital Management, a middle market private equity firm.

AloStar Capital Finance, Fenix Parts, Stellex Capital Management, Andy McGhee

6th Avenue Capital, BlueVine and Fundbox Join ILPA

6th Avenue Capital, Bluevine and Fundbox have joined the Innovative Lending Platform Association, an organization made up of the nation’s leading online small business lending platforms

Antares Agents $151MM to Support Quad-C’s Acquisition of NJRetina

Antares Capital is administrative agent and joint lead arranger for a $151 million senior secured credit facility to support the acquisition of NJRetina by Quad-C Management.

PNC Bank Agents $106MM Unitranche for R.G. Barry

PNC served as administrative agent for a $106.5 million senior secured facility for R.G. Barry Brands.

Columbia Appoints Dempsey Head/Commercial Banking

Joseph Dempsey has joined Columbia Financial as EVP, head of Commercial Banking. Dempsey was previously with JPMorgan Chase as New Jersey market president and chair of its Market Leadership Team.

SunTrust Agents Goldman Sachs BDC Revolver Amendment

Goldman Sachs BDC amended its senior secured revolving credit agreement to, among other things, reduce the company’s minimum asset coverage ratio financial covenant from 200% to 150%. SunTrust served as administrative agent for the transaction.

Warner Bros. Exec Joins Union Bank as Head of Digital Banking

Julie Demarigny has joined Union Bank as head of Digital Banking. Demarigny is responsible for leading digital strategies for both Union Bank and PurePoint and for growing the overall digital banking business.

Siena Closes New $5MM Facility for Wm. G. Roe & Sons

Siena Lending Group completed a $5 million three-year asset-based revolving credit facility for Wm. G. Roe & Sons, a fourth-generation family-owned and operated business engaged in many segments of the Florida citrus industry.

Arbitration/Damages Expert Taylor Joins AlixPartners

Arbitration and damages expert Greig Taylor joined AlixPartners as a managing director in its Investigations, Disputes & Risk practice. He is based in AlixPartners’ New York office.

TradeCap Provides $4.7MM Facility to Consumer Goods Firm

TradeCap Partners provided a $4.7MM purchase order facility to a California-based, branded consumer goods company.