| BORROWER | INDUSTRY | LENDER | ROLE | AMOUNT | STRUCTURE | ABOUT THE DEAL |
|---|---|---|---|---|---|---|
| Consumer Portfolio Services | Financial Services | Ares Agent Services | Lender | $200.00 | Revolver | Facility was renewed to provide ongoing funding secured by automobile receivables and support operations |
| Pegasus Home Fashions | Bedding | Ares Commercial Finance | Lender | $25.00 | Senior Secured Revolving Line of Credit | Facility refinanced existing indebtedness and provided additional capital for working capital purposes |
| ADMA Biologics | Biopharmaceuticals | Ares Management | Lender | $135.00 | $72.5MM Revolver/$62.5MM Term Loan | Facility supported debt repayment, lowered interest costs, reduced overall debt and strengthened growth and operational capabilities |
| AmeriTex | Concrete Products | Bank of America | Lender | $155.00 | Credit Facility | Facility supported business growth, expanded product capabilities and enhanced services to meet increasing customer demands |
| Hawaiian Electric | Energy / Electricity | Barclays | Administrative Agent | $250.00 | ABL Facility Credit Agreement | Facility provided liquidity and flexibility to support operational, safety and resilience initiatives |
| Cashco Financial | Financial Services / Online Lending | Bastion Management | Agent | $50.00 | Senior Debt Investment | Refinanced an existing senior lender and funded future growth of its Canadian consumer lending portfolio |
| Lendbuzz | Financial Services / Auto | BHI | Lender | $50.00 | Revolving Line of Credit | Upsized existing $20 million facility; provided additional working capital for general corporate purposes |
| Cart.com | Logistics Solutions | BlackRock | Lender | $105.00 | Term Loan Facility | Consolidated venture debt at competitive terms as the company continues rapid growth trajectory |
| Blue Bird | Transportation | BMO Capital | Lender | $250.00 | $100MM Term Loan / $150MM Revolver | Supported refinancing efforts, enhanced financial flexibility and positioned the company for growth in electric and low-emission vehicles |
| N/A | Financial Services / Real Estate Lending | Cambridge Wilkinson | Lender | $145.00 | Leverage Facility | Supported growth in private lending, leveraging a tailored structure to expand a real estate lending platform |
| N/A | Technology - Artificial Intelligence Engine Deployment | Cerebro Capital | Lender | $60.00 | Senior Secured Loan | Provided debt for working capital, M&A and product development needs |
| Stella & Chewy’s | Pet Food | CIT Northbridge Credit | Administrative Agent | $75.00 | Revolver | Supported working capital needs and corporate initiatives, enabling growth for a natural pet food company |
| Buyerlink | Online Auctions | Citi | Lender | $41.00 | Debt Facility | Strengthened capital structure, supported growth strategies and enhanced flexibility for a performance-based marketing platform |
| Blueberi Gaming | Gambling / Slot Machines and Gaming | Citizens | Left Lead Arranger | $55.00 | Financing Facility | Supported rollout of innovative gaming content, expansion into new markets and continued growth initiatives |
| Nationwide Energy Partners | Utility | Comvest Credit Partners | Administrative Agent and Sole Lender | $70.00 | Senior Secured Credit Facility | Retired existing debt and supported new strategic initiatives |
| Zilch | Financial Services / Payments Network | Deutsche Bank | Lender | $127.10 | Securitized Debt Financing | Grew business and accelerated ability to create and launch new products for a broader base of customers |
| N/A | Financial Services / Lending Platform | Encina Lender Finance | Lender | $50.00 | Senior Credit Facility | Supported M&A activities and provides working capital for an automotive services portfolio company |
| Linea Energy | Renewable Energy | First Citizens Bank | Lead Arranger | $145.00 | Revolving Credit Facility, LOC & Term Loan | Supported development and expansion of renewable energy projects, promoting sustainability and clean energy nationwide |
| Sight Science | Medical / Eyecare Technology | Hercules Capital | Lender | $65.00 | Senior Secured Credit Facility | Included immediate draw of $35MM to pay off indebtedness to previous secured lender |
| Elements International | Distributor / Furniture Products | Huntington Business Credit | Lender | $50.00 | Credit Facility | Supports refinancing and provided working capital |
| Warby Parker | Eyewear | JPMorgan Chase | Administrative Agent | $120.00 | Revolving Credit Facility | Provided liquidity and flexibility for working capital and general corporate purposes, secured by company assets |
| Ramaco Resource | Metallurgical Coal | KeyBank | Lender | $200.00 | Revolving Credit Agreement | Amended existing credit facility, provided access to an additional $75MM through accordion feature, extended maturity date |
| Output Services Group | Print and Digital Billing and Payments | MidCap Financial | Lender | $50.00 | Revolver | Supporte post-reorganization operations, providing liquidity and flexibility for a refocus on core North American business activities |
| N/A | Food Distribution | Mountain Ridge Capital | Lender | $30.00 | Senior Secured Credit Facility | Refinanced debt of another lender and used to manage customer onboarding and growth |
| NextDecade | Clean Energy | MUFG | Administrative Agent | $62.50 | $50MM Revolver/$12.5MM Term Loan | Supported development costs related to Train 4 at NextDecade’s Rio Grande LNG facility |
| Osisko Development | Mining | National Bank of Canada | Lender | $50.00 | Delayed-Draw Term Loan | Funded pre-construction activities at Cariboo Gold Project in central British Columbia |
| Drilling Tools International | Energy / Oilfield Services | PNC Business Credit | Lender | $80.00 | Amended Revolver | Increased borrowing capacity, extended maturity and supported growth, international expansion & M&A initiatives |
| Backcountry | Retail / Outdoor Great & Apparel | Second Avenue Capital Partners, SB360, Ares Capital | Lenders | $112.00 | Senior Secured Revolving Credit Facility & Term Loan | Supported acquisition by venture-backed firm CSC Generation Enterprise |
| Charah Solutions | Enviromental Services | Siena Lending Group | Lender | $35.00 | Credit Facility | Refinanced exisiting debt and provided additional working capital to support company's growth |
| Fluent | Performance Marketing | SLR Credit Solutions | Lender | $50.00 | Senior Credit Facility | Refinanced existing debt and provided enhanced liquidity for general operations and growth |
| Natural Gas Services | Energy / Natural Gas | Texas Capital Bank | Lender | $75.00 | Credit Facility | Increased borrowing capacity, supporting growth and investment in rental equipment |
| Metabolon | Life Science Tools | Trinity Capital | Lender | $60.00 | Credit Facility | Fueled growth initiatives and expanded its research and development efforts to further enhance metabolomics platform |
| Pipe | Financial Services / Fintech | Victory Park Capital | Lender | $100.00 | Credit Facility | Supported capital-as-a-service growth, enabling expanded funding capacity for SMBs through a user-friendly platform |
| Gambling.com | Gambling | Wells Fargo | Lender | $50.00 | $25MM Revolver/$25MM Term Loan | Enhanced financial flexibility, supporting growth initiatives and corporate needs for a global player acquisition service provider |
| Targeted Lending | Financial Services / Equipment Finance | Wells Fargo Capital Finance | Lender | $50.00 | Credit Facility | Supported liquidity for small businesses, reinforcing growth and client-focused initiatives |
| Alliance Entertainment | Entertainment | White Oak Commercial Finance | Lender | $120.00 | Revolver | Supported debt refinancing, working capital needs and strategic investments to enhance operations and drive growth |
| Signature Brands | Manufacturer / Dessert Decorating Products | Wingspire Capital | Lender | $75.00 | Revolver | Supported debt refinancing, enhanced liquidity and provided flexibility for seasonal manufacturer |
2024 Dealmakers of the Year – Featured Middle Market Deals
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