News

Plante Moran, a certified public accounting, tax, consulting and wealth management firm, has promoted the following 26 new partners and three affiliated entity members*: Rumzei Abdallah, assurance, Detroit Kelsey Berta, tax, Chicago Eric Biltgen, tax, Chicago Brett Bissonnette, tax, Flint...

Flatbay Capital’s new client, a general contractor in the DFW area that specializes in renovation and maintenance projects, has had a positive net income of over $300,000 for the past two years. However, payment delays between completed projects caused a...

William Blair named Robert D. Kendall global head of the firm’s investment management business, responsible for the strategic direction of the business including all portfolio management, client and operational activities. He succeeds Stephanie Braming, who announced her plans for retirement...

Independent Growth Finance (IGF), a provider of tailored asset-based lending solutions for UK SMEs and mid-market businesses, appointed Graham Leaney as ABL director for the South West of England and South Wales. Leaney has extensive experience in the ABL and...

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, agented a $550 million asset-based revolving credit facility to Wilbur-Ellis Holdings, a privately-held family-owned company with a portfolio of businesses focused on retail, wholesale and distribution into the...

Allbirds, a global lifestyle brand, entered the following financing agreements, which are expected to optimize working capital and enhance financial flexibility to support the company’s long-term growth plans. A new $75 million asset-based revolving credit facility with Second Avenue Capital Partners,...

Mitch Rubin, a banking professional with 18 years of experience in asset-based lending, has joined Tiger Group as a business development managing director. The Westchester, New York-based executive will leverage his extensive private equity and banking industry contacts to source...

Mountain Ridge Capital closed a $20 million senior secured credit facility for an Alabama-based manufacturer specializing in premium Class B1 recreational vehicles and outdoor lifestyle products. The facility will support the company’s working capital needs and help drive its growth...

WhiteHawk Capital Partners acted as lead and sole agent to provide a first-in, last-out (FILO) term loan to Family Dollar Stores as part of a $1.5 billion asset-based facility to finance its acquisition by Brigade Capital Management and Macellum Capital...

GoldenTree Asset Management will launch GoldenTree Opportunistic Credit Fund (GTOC). The fund is structured as a registered, unlisted closed-end interval fund, designed to expand GoldenTree’s suite of products and provide alternative credit solutions for individual investors. The fund invests opportunistically...