BofA Provides Debt Financing to Support Nesco Acquisition of CTOS
Nesco entered into a definitive agreement to acquire Custom Truck One Source for a purchase price of $1.475 billion. Bank...
Forward for Specialty Finance
Deal Announcements
Gibraltar Supplies $7.5MM ABL to Sustainability-Focused Paper Manufacturer
Gibraltar Business Capital provided a $7.5 million asset-based loan to Willamette Falls Paper Company, an Oregon-based independent manufacturer that utilizes...
Rosenthal Provides $1MM PO Finance Facility for Tennessee-Based Uniform Importer
Rosenthal & Rosenthal completed a $1 million purchase order finance facility to support the production financing requirements of a Tennessee-based...
Crystal Agents $60MM Term Loan for Southern States Cooperative
Crystal Financial provided a $60 million senior term loan for Southern States Cooperative, a cooperative founded in 1923 for farmers...
PNC Provides $27.5MM in Debt Financing to Luna for Acquisition of OptaSense
PNC Bank provided Luna Innovations Incorporated, a provider of optical technology, with a secured debt facility of $27.5 million. The...
Bank of America Extends ABL Facility for Kraton by $50MM
Bank of America increased Kraton’s asset-based revolver by $50 million and extended the maturity date from January 2023 to December...
CIT Serves as Sole Lender on $25MM Revolving Credit Facility for KMS
CIT’s asset-based lending and sponsor finance businesses served as agent and sole lender on a $25 million revolving credit facility...
Siena Provides $25MM ABL for Pelican’s Acquisition of Vault Pressure Control
Siena Lending Group provided a $25 million asset-based revolving line of credit for Pelican Energy Partner’s acquisition of Vault Pressure...
TAB Bank Provides $8MM Revolving Credit Facility to Commodity Brokerage Firm
TAB Bank provided an $8 million asset-based revolving credit facility for a commodity brokerage firm based in Texas. The firm...
Pathlight Capital Provides $150MM Term Loan Facility to HBC
Pathlight Capital provided a $150 senior secured term loan facility for HBC, a holding company of portfolio businesses operating at...
