News

Dechert added David Marcinkus as a partner in its financial services group. Marcinkus’ expertise in business development companies (BDCs) and closed-end funds not only adds strategically important and in-demand skills to the group but also further bolsters the firm’s permanent...

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, closed a $65 million senior secured revolver for an infrastructure services provider. The new revolving line of credit, which is secured by accounts receivable and best-in-class machinery...

Wingspire Capital provided a $35 million senior secured revolving credit facility to Advita Ortho, a global orthopedic solutions and integrated surgical solutions provider. Proceeds of the revolver will be used for general corporate purposes as Advita expands sales of its...

Bolton Capital, a niche specialty finance company providing working capital solutions to the bulk hauling and transportation industry, closed a new $20 million revolving line of credit led by Texas Capital. This financing will augment Bolton’s equity base to support...

Austin Financial Services (AFS) closed a $10 million accounts receivable revolver for a logistics and shipping provider specializing in mail and parcel delivery across the U.S. and Latin America. The company was experiencing rapid growth but found that its existing...

Elevex Capital, an independent commercial equipment finance company, closed on a forward flow agreement with TPG, a global alternative asset management firm. The agreement provides Elevex access to $1 billion in capital, enabling the company to originate and fund larger...

SelectQuote, a distributor of Medicare insurance policies and owner of a growing healthcare services platform, completed a new $415 million credit facility comprised of a $325 million term loan facility with Pathlight Capital and an enhanced $90 million revolving credit...

Aspen Power, a distributed generation platform backed by Carlyle and dedicated to building the clean energy future, closed a $200 million capital raise provided by Deutsche Bank. The new capital commitment will bolster Aspen Power’s financial capacity and support growth...

SolaREIT, a solar and battery storage real estate investment company, expanded its revolving credit facility to $80 million through an increased commitment from Atlantic Union Bank and its syndication partner, EagleBank. Atlantic Union Bank serves as sole book runner and...

PlainsCapital Bank appointed Lindsey Fox, who is rejoining the bank, as vice president, commercial loan officer. She will be based at PlainsCapital’s Aledo/Willow Park branch. Fox brings more than 20 years of experience in commercial lending and credit analysis. She...