News

William Blair added Rishi Sethi as a London-based managing director in the firm’s global technology team. “Rishi’s deep sector expertise in FinTech will boost our strong momentum and technology practice growth across Europe,” Raphael Grunschlag, managing director and European technology...

Metropolitan Commercial Bank (MCB) embarked on its West Coast expansion with the appointment of Robert Hasler as senior vice president and managing director of specialty deposits. Based in the Western United States, Hasler will lead the continued growth of the...

MidFirst Bank, a privately owned bank, expanded into San Francisco. The bank is establishing a dedicated local presence anchored by a team with decades of experience serving clients in the Bay Area. The veteran team of former First Republic Bank...

TradeCap Partners closed a $1.5 million purchase order (PO) financing facility for a cosmetic products distributor serving national wholesale channels. TradeCap structured a customized purchase order finance solution to support the company’s growing demand and expanding customer base. The facility...

Commercial Finance Partners (CFP), a Boca Raton-based factor and debt advisor, closed five new accounts receivable factoring facilities in a five-day period, representing approximately $4.4million in direct balance-sheet commitments. All five transactions were originated, underwritten and funded by CFP. Aerospace...

Made by Gather, a home and kitchenware company, completed a strategic refinancing led by TCW Private Credit Group, part of a global asset manager with more than $200 billion in assets under management, alongside MidCap Financial, a specialty finance firm...

Eclipse Business Capital (EBC) provided a $44 million senior secured credit facility to a company in the oil and gas industry. The credit facility is secured by accounts receivable and inventory. The transaction refinances the company’s existing bank debt and...

Encina Private Credit (EPC) served as revolver and term loan lender for a sponsor-owned portfolio company operating in the electric grid maintenance industry. EPC’s $38.75 million first-out commitment as part of a $72.5 million senior secured credit facility will be...

Altriarch Asset Management closed a $12.5 million senior secured asset-based revolving credit facility, with an additional $5 million accordion feature, for a manufacturer of electronic hand tools and detection devices. The facility will refinance the company’s existing debt and provide...

FundCanna recently closed a senior credit facility with an alternative investment manager, providing the company with up to $60 million of availability. Bryant Park Capital, a middle-market investment bank, served as exclusive financial advisor to FundCanna in connection with the...