TCF Financial Launches TCF Capital Solutions

TCF Financial launched TCF Capital Solutions  to bring together the resources of TCF Equipment Finance and Winthrop Resources,

Grasshopper Bank Launches with Seasoned Leadership Team

Grasshopper Bank, a newly chartered national bank, has completed its private placement offering and the receipt of all final regulatory approvals for the bank to open for business.

NAB, Leumi & CIBC Launch Online Innovation Portal

Bank Leumi of Israel, CIBC and National Australia Bank launched the Global Alliance Fintech Link, a global online portal developed to help drive client-focused innovation by facilitating collaboration between the banks and fintechs.

CIT, Facebook Support $416MM Longwood Energy Solar Project

CIT Group served as the coordinating lead arranger on a $416 million debt financing supporting Longroad Energy’s 379-megawatt Prospero solar facility. Facebook will be the sole tax equity investor.

Fuel Break Launches Restructuring Partnership with Jack Rose

Fuel Break Capital Partners launched Fuel Break Restructuring Solutions, a new strategic venture with bankruptcy and restructuring lawyer Jack Rose.

Burnley Capital Launches as Middle Market Lending Platform

Finance industry veterans Daniel O’Rourke and James Cullen have partnered with Blackburn Investment Management to launch Burnley Capital.

Signature Bank Forms National Venture Banking Group

Signature Bank has formed a national Venture Banking Group to focus on serving venture capital firms and the portfolio companies in which they invest.

BHI Adds Two New Specialty Verticals in New Jersey

BHI added two new industry verticals – Food & Beverage and Specialty & Sponsor Finance – to its New Jersey Representative Office in response to a surge in business activity across these industries.

Thoma Bravo Acquires Majority Stake in Mailgun

Thoma Bravo, a software-focused private equity investment firm, has acquired a majority stake in Mailgun Technologies, a provider of email infrastructure software, from Turn/River Capital.

WhiteHorse Capital Funds SNH Acquisition and Merger

WhiteHorse Capital provided funding for SNH Capital Partners’ acquisition of Universal Background Screening, a provider of compliant and fully customizable background screening products and services, based in Phoenix, AZ, and merger with PeopleFacts, an SNH portfolio company.