News

Trucordia completed a comprehensive debt refinancing that enhances the company’s capital structure and positions it for continued growth. The transaction closes concurrently with the $1.3 billion strategic investment from Carlyle announced earlier this month. “These transactions are transformative for Trucordia, creating new...

Turnspire Capital Partners’ portfolio company USG Water Solutions completed a successful recapitalization. Wells Fargo served as administrative agent of USG’s new credit facilities and solely provided the company’s new revolving credit facility. Overland Advantage acted as sole lead arranger. The...

Access Capital provided an $800,000 revolving credit facility to TGRC, also known as The Green Recruitment Company. The Orlando, FL and New York-based company is part of Green Group, a global talent group headquartered in the United Kingdom. Access Capital’s...

Global professional services firm Alvarez & Marsal (A&M) appointed Barry Gold as a managing director in its private equity performance improvement (PEPI) group. “Barry brings a rare combination of investment judgment, operating expertise and infrastructure sector fluency,” Nick Alvarez, managing...

First Business Bank’s floorplan financing group funded a $6.7 million inventory floorplan line of credit with a multi-location automotive dealership group in Texas. The dealer made the decision to move the floorplan financing after a six-year relationship with its previous...

Budderfly, an energy as a service company, has secured an additional $100 million in debt financing from Nuveen Energy Infrastructure Credit to accelerate the deployment of scalable, holistic energy solutions tailored for energy-intensive buildings across the United States. This latest...

Umpqua Bank released the findings of its seventh annual Business Barometer, a nationwide study into the mindset and priorities of small and middle market businesses. Despite a mixed outlook over the economic headwinds, including the potential impact of global tariffs,...

Standard Premium Finance Holdings, a specialty finance company, increased its revolving line of credit with First Horizon Bank, a regional bank operating in 12 states across the southern United States. The amendment raises Standard Premium’s borrowing capacity from $45 million...

Lioncrest Ventures, a new purpose-built venture, debuted and initially raised $30 million toward its $100 million multi-strategy platform spanning both equity and credit funds. “Our mandate is simple: to provide the right capital to the right companies,” Leib Bolel, managing...

Knight Therapeutics, a pan-American (ex-U.S.) specialty pharmaceutical company, entered into a revolving credit facility with National Bank of Canada (NBC). Knight has withdrawn C$60 million from the credit facility to fund a portion of the Paladin acquisition. The credit facility...