Blockchain Tech Firm Bitfarms Receives $20MM Financing from Dominion

Dominion Capital provided $20 million in strategic debt financing to Bitfarms, one of the largest blockchain technology companies in the world through its ownership of Backbone Hosting Solutions.

Austin Financial Closes $12.4MM Facility for Aerospace Manufacturer

Austin Financial Services closed a $12.4 million senior secured revolving credit and term loan facility for a manufacturer of precision machined components for the aerospace and defense industries.

Utica Provides $2.5MM Capital Lease for Chemical Processor

Utica Leaseco completed one transaction totaling over $2.5 million the week of March 11, 2019.

Federal Reserve to Host Public Meetings on BB&T/SunTrust Merger

The Federal Reserve Board and the FDIC will jointly hold two public meetings on the proposed merger of BB&T and SunTrust Banks.

Beef International Retains M&A Specialist Equity Partners HG

Beef International, a custom manufacturer of premium meat products, has retained Equity Partners HG to explore strategic options, including a partnership, investment or a sale of some or all of the business.

Lighthouse Financial Provides $3.9MM+ Facility to Frozen Food Firm

Lighthouse Financial completed a $3.924 million credit facility for a manufacturer and marketer of frozen food products based in North Carolina.

Credit Suisse, Deutsche Extend Revolvers for OnDeck

OnDeck extended its existing credit facilities with Credit Suisse and Deutsche Bank on improved terms.

BitX Secures Funding for Floor Coverings International

BitX Funding secured financing for Floor Coverings International, a local entrepreneur in Greenwich, CT, within 48 hours.

VCP Agents $175MM Global Recap of Meltwater

Vista Credit Partners led a $175 million global recapitalization for Meltwater, a provider of media intelligence solutions. VCP served as administrative agent and sole lender on the transaction.

TD Survey: Credit Knowledge Gap Still Exists Among Millennials

Though 82% of millennials believe society will eventually become cashless, TD Bank’s Consumer Spending Index revealed that they’re lacking when it comes to building and maintaining healthy credit habits.