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.
Papa John’s International successfully completed its senior notes offering and the refinancing of its revolving credit facility, providing the company with enhanced financial flexibility and additional liquidity.
BlueVine appointed David Quinn as its new chief financial officer. In this position, Quinn will lead BlueVine’s financial functions helping accelerate strategic growth at the company. He will report to Eyal Lifshitz, CEO and co-founder of BlueVine.
Crescent Capital Group’s European Specialty Lending strategy provided unitranche financing to support the acquisition of IMServ by Bluewater.
Amid strong revenue, paid subscriber and partner growth, Tile raised $40 million of non-dilutive debt financing from Capital IP. The funding will drive continued investment in finding technologies that are built to work for everyone and everything.
A. Eric Kauders, Jr. was appointed as president and CEO for Old Point Trust & Financial Services. The role of president and CEO for Old Point Trust was previously held by Eugene M. Jordan, II, who has transitioned into the new role of general counsel and corporate secretary for Old Point.
BMO for Black and Latinx Small Business Program will now be available in all BMO markets where BMO Harris operates branches. The program – part of BMO’s five-year, $5 billion EMpower commitment – was piloted in Illinois and Northwest Indiana last year.
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.
VivoPower International was recognized as one of the global winners of the 2021 Turnaround Management Association Transaction of the Year Awards. The honor is in recognition of the hyper-turnaround of VivoPower in 2020 in the small companies’ category.
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.