Victory Park Capital Provides $100MM Credit Facility to SumUp
Financial technology company SumUp entered into a $100 million credit facility with Victory Park Capital, a global alternative investment firm.
Financial technology company SumUp entered into a $100 million credit facility with Victory Park Capital, a global alternative investment firm.
Amyris, a synthetic biotechnology company, is moving forward with an operational and financial restructuring to further advance its ongoing strategic transformation and position the company for long-term success.
nFusion Capital provided a $3 million asset-based line of credit to Kort Industries, a Texas-based steel fabricator and industrial fabrication specialist providing steel structures to environmental and oil and gas companies.
Instant Brands, a houseware and appliance manufacturer with brands like Pyrex and Instant Pot, received a commitment for an additional $30 million in new term loan financing from its existing lenders, increasing the amount of the company’s term loan credit facility to $162.5 million.
Corvid Peak Capital Management, a subsidiary of Tiptree, reached an agreement in principle for the Coherence Capital Management team of Lazard Asset Management to join Corvid Peak.
CapitalPlus Financial Services, a provider of working capital solutions, funded a $650,000 factoring solution for a Houston-based subcontractor.
Bain Capital Credit’s private credit group invested $1.3 million to support middle-market and private equity-backed companies during the first half of 2023. The group has invested more than $20 billion across more than 475 portfolio companies since inception.
JPMorgan Chase opened two new facilities in Mumbai and Bengaluru, strengthening its presence in India. The new workplaces are two of the firm’s largest technology and operations centers.
Unity Environmental University, a nonprofit, fully accredited institution with a main campus in New Gloucester, ME is offering for purchase its 225-acre, secondary teaching location in Unity, ME. A&G Real Estate Partners is marketing the property on behalf of the university.
David Kurtz will join Hilco Global as vice chairman and chief strategic officer. Kurtz has 40 years of experience and was most recently at the financial advisory firm Lazard, where he had been vice chairman of U.S. investment banking and head of global restructuring since 2012.