Capital One Leads $190MM Financing to Support Situs Recap

Capital One Financial Sponsors Group led a $190 million senior secured credit facility to support the recapitalization of Situs Holdings by Stone Point Capital.

Russell Joins Opus Bank as Senior Managing Director

Adam Russell joined Opus Bank hired as senior managing director of Commercial Banking. He will be responsible for expanding Opus’ commercial and corporate client base in Southern California’s Inland Empire.

SEC Veterans Grim, Crovitz Join Stradley Ronon

Stradley Ronon hired David W. Grim and Sara P. Crovitz as partners in its Washington, D.C. office.

Citizens Commercial Provides $50MM ABL Revolver to Go Wireless

Citizens Commercial Banking provided a $50 million ABL revolver to Go Wireless. Citizens was the sole lender and administrative agent on the transaction.

Dimitriou Joins McDonald Hopkins Miami Office

Christine M. Dimitriou joined business advisory and advocacy law firm McDonald Hopkins as an associate in its Miami office.

Fifth Third Appoints Schramm Lead of Technology Organization

Fifth Third Bancorp appointed Executive Vice President and CIO Jude Schramm to head of the information technology organization. He will report to Chairman, President and CEO Greg D. Carmichael.

Pacific Mercantile Provides $6.6MM Financing to Magna

Pacific Mercantile extended $6.6 million in financing to Magna Transportation Group. The financing consists of a revolving line of credit, a non-revolving line of credit and a bridge loan.

Rahimi, Mello Join Banc of California San Diego Office

Banc of California hired Joubin Rahimi as senior vice president, Private Banking and promoted Joshua Mello to vice president, commercial banking relationship manager. Both will work out of the bank’s San Diego office.

Scotiabank Leads New AutoCanada Credit Facility

AutoCanada entered into a new credit agreement providing secured credit facilities of up to $1.08 billion, subject to certain conditions precedent to funding. Scotiabank led the facility, with CIBC, RBC, HSBC and ATB participating in the syndicate.

Premier Community Bank of Florida and NCC to Merge

Premier Community Bank of Florida agreed to merge with and into National Commerce Corporation, the parent company of National Bank of Commerce. The transaction is expected to result in a combined institution with approximately $3.4 billion in assets.