News

Ken Lebrun, a U.S. mergers and acquisitions lawyer, will join Davis Polk as a partner in the Tokyo office. _x000D_ _x000D_ _x000D_

TAB Bank provided a $2.5 million revolving credit facility for a foods company based in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

Amerisource Business Capital closed a $1 million credit facility for a metal stamp manufacturer based in Illinois.

Luxury fashion group Michael Kors signed a definitive agreement to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace for a total enterprise value of €1.83 billion ($2.12 billion).

Silicon Valley Bank increased MTBC’s secured line of credit to $10 million to support future growth.

Great Rock Capital closed its first loan in the healthcare industry – a $10 million credit facility to a skilled nursing and assisted living provider that operates 64 facilities in the Southwest.

Alvarez & Marsal added Michael V. Balistreri as managing director to its Corporate Finance practice in New York.

Essex Capital Group arranged a $5.23 million recapitalization for Mezger Enterprises, the largest limestone quarrier and fabricator located in the Southwestern U.S.

Payments and financial technology industry expert Mark Flamme has joined AlixPartners as a managing director in its Enterprise Improvement group based Chicago._x000D_ _x000D_

Square 1 Bank provided a $2.25 million credit facility to new client Paro, an on-demand financial services platform. Proceeds from the facility will support continued growth initiatives.