Author: Ian Koplin

Eclipse Business Capital Provides New $77.5MM Supporting Ranger Energy Services Acquisition

Ranger Energy Services received a debt commitment letter from Eclipse Business Capital for a new $77.5 million credit facility consisting of a $50 million revolving credit facility, a $12.5 million M&E term loan facility and a $15 million term loan B facility.

AACFB Hosts Successful First Hybrid Conference

The American Association of Commercial Finance Brokers wrapped up its first hybrid conference on September 10. While attendance was slightly lower than previous years due to the pandemic, there were few cancellations and attendee enthusiasm was electric.

Bridge Bank Provides Debt Financing for HighBar Partners’ Acquisition of SilkRoad Technologies

HighBar Partners, a Menlo Park, CA-based private equity investor, acquired SilkRoad Technology, a global software and cloud-based technology platform designed to increase employee satisfaction and productivity. Debt financing for the transaction was provided by Bridge Bank.