Gibraltar closed on another transaction with a food products company, establishing a $10 million credit facility for Dewey’s Bakery. The company was founded in Winston-Salem in 1930 as a retail bakery.
BMO Harris Bank has appointed Shaheena Khan as regional leader, retail banking, Minnesota and Western Wisconsin; Dalila Rouri as regional leader, retail banking, Florida; and Patrick Strieck, regional leader, retail banking, Arizona.
Mackinac Partners, an operational turnaround, restructuring and financial advisory firm, has promoted Matthew Beresh, Craig Boucher and Matthew Pascucci to senior managing director.
Horizon Technology Finance, a specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries, has provided a $20 million venture loan facility to Encore Dermatology, of which $15 million has been initially funded.
Leslie Zmugg has joined Gordon Brothers as the firm’s general counsel. In this role, she will lead the firm’s worldwide legal function.
California BanCorp, the holding company for California Bank of Commerce, is making a move into the Sacramento market, focusing on full-service commercial banking for mid-market businesses. Scott Myers is joining the CBC C-suite as senior executive vice president and chief lending officer to lead growth in the market.
Encore Capital Group, an international specialty finance company, has appointed Doris Hektor, Ph.D., as managing vice president and chief risk officer. In this role, she will continue to expand Encore’s global enterprise risk management framework. Hektor will report to the Risk Committee of the Encore Board of Directors.
D.A. Davidson has hired Derek Bell to join the firm’s technology investment banking team as managing director in New York.
A team of Sadis attorneys led by partner Paul J. Marino represented Bitfarms in a $20 million strategic debt financing which was provided by New York-based Dominion Capital and will be made available in four $5 million tranches tied to the ongoing satisfaction of customary covenants and various milestones, including Bitfarms’ infrastructure build-out and associated mining hardware purchases.
Forward Financing, a provider of technology-enabled alternative financing solutions for under-served small businesses, has closed on a $90 million credit facility, consisting of a $60 million senior revolving credit facility and a $30 million junior term loan. AloStar Capital Finance served as the agent on the senior facility.