News

Direct lending company Abacus Finance Group served as administrative agent and lead arranger for senior secured credit facilities to support LFM Capital’s leveraged buyout of Fecon.

Amerisource Business Capital closed and funded a $1 million credit facility for a seafood processing company based in Washington state.

Grant Thornton’s partnership board voted unanimously to extend Mike McGuire’s term as the firm’s CEO until July 31, 2021.

Insurance broker and personal lines provider Confie completed the refinancing of a new $220 million credit facility led by Goldman Sachs and Barclays.

Commercial chapter 11 filings increased 75% in October 2018 over October of last year, according to data provided by Epiq Systems on behalf of the American Bankruptcy Institute.

PNC Bank entered into a strategic alliance with GIACT Systems, a leader in helping companies positively identify and authenticate customers.

Dwight Funding provided a $5 million credit facility to new client, I and Love and You, a pet food company based in Boulder, CO.

Encina Business Credit provided a $10 million senior secured credit facility to an online consumer products retailer.

King Trade Capital established a $3 million trade finance facility for a Florida-based company that develops, manufactures, and sells action figures to various large US retailers.

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Xponential Fitness’ acquisition of Pure Barre.