News

William “Will” Perry joined Forbright Bank Asset Finance as president, according to a LinkedIn post from Perry. “It is particularly meaningful to be part of an organization founded by John Delaney, who previously built and led two NYSE-listed financial services...

Gordon Brothers, the global asset experts, served as international agent for a $126 million facility to support Valore’s acquisition of Mirai Casting Group, an international Tier 1 supplier of automotive casting products major U.S., Japanese and European original equipment manufacturers....

Gracie Point, a holding company that builds specialty finance companies, has secured a $250 million warehouse facility from Goldman Sachs Bank USA. The facility enhances Gracie Point’s funding flexibility and further strengthens its capital markets infrastructure to address growing global...

Robert P. “Bob” Zinn and Megan A. Wotherspoon have joined Blank Rome’s Pittsburgh office as partners in the corporate, M&A and securities group and the financial services industry team. They join Blank Rome from K&L Gates, where Zinn co-led its...

B. Riley Securities served as exclusive financial advisor and fairness opinion provider to the special committee of independent directors of the board of directors of Nakamoto in connection with Nakamoto’s announced acquisition of BTC and UTXO Management GP. Nakamoto exercised...

Green Thumb Industries, a national cannabis consumer packaged goods company and owner of RISE Dispensaries, increased its existing syndicated credit facility led by Valley National Bank by $50 million, bringing the total facility to $189 million. The company intends to...

NXT Capital closed a senior credit facility in support of Riverarch Equity Partners’ acquisition of Walex Products. NXT Capital acted as sole lead arranger, sole bookrunner, and administrative agent on this transaction. “We greatly appreciated NXT Capital’s attentive partnership, their...

DailyPay, an on-demand pay platform and financial wellness solution, closed a $200 million upsizing of its secured credit facility, increasing total committed capacity to $960 million. The expanded facility supports the sustained growth of DailyPay’s on-demand pay platform, which gives...

eCapital Transportation Group has entered a strategic partnership with 123Loadboard, a digital freight matching platform. This partnership brings two daily needs into one workflow: finding the right freight and having the working capital to haul it. By connecting freight discovery...

Wells Fargo named Dennis Devine the company’s new head of business banking, effective immediately. In this role, Devine will lead the business banking team, which serves the financial needs of business owners with annual sales of up to $25 million....