News

Miller & Chevalier Chartered welcomed Michael Desmond to the firm as a member. Desmond, who will co-lead the firm's Tax Controversy and Litigation practice, served as the 48th chief counsel of the Internal Revenue Service (IRS) from 2019 to 2021....

Sarepta Therapeutics, a company in precision genetic medicine for rare diseases, closed on a $600 million senior secured revolving credit facility with a bank syndicate. “Sarepta’s financial strength and the positive outlook for our business provide us with the flexibility...

Keystone recently closed a $50 million senior secured revolving warehouse line of credit for a small business finance company based in Long Island. Keystone’s investment will allow the company to grow its business of providing liquidity to small businesses across...

Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Accelevation Holding Company by Olympus Partners. Founded in 2018 and based in Miamisburg, OH, Accelevation is a provider of infrastructure...

Chicago Atlantic BDC, a specialty finance company that has elected to be regulated as a business development company, closed a new $100 million senior secured revolving credit facility led by an FDIC-insured financial institution. The credit facility matures in March...

AmRock Financial, a financier of small and mid-sized companies through its network of 1,700 banks and lenders, launched its Advisory Services. This initiative is designed to help borrowers refine their market positioning and execute go-to-market strategies. “Our mission is to...

Red Cat, a drone technology company integrating robotic hardware and software for military, government and commercial operations, has entered into an agreement for up to $20 million and closed on the initial tranche of $16.5 million in debt financing with...

NXT Capital closed a senior credit facility designed to support Agellus Capital’s acquisition of CompassMSP.

Urgently, a U.S.-based provider of digital roadside and mobility assistance technology and services, reached an agreement with its lenders on a short-term extension to its term loan agreements while it continues to work on overall capital structure improvements. Urgently has...

A Tiger Group online auction on Feb. 25 features excess AV gear from Solotech. “Tiger Group is extremely pleased to have been selected by Solotech as the asset-disposition provider for its Southern California depot,” Jonathan Holiday, director of business development...