News

Commercial Finance Partners (CFP) recently closed the following transactions: $5MM SBA 7(a): CFP advised Power Bolt & Tool, an Orlando-based industrial fastener and tool distributor, on a $5,000,000 SBA 7(a) loan- the maximum available under the program. The structure financed...

The Federal Reserve raised its benchmark interest rate by a quarter percentage point Wednesday, moving the federal funds rate to a target range of 3.75% to 4% as policymakers continue working to bring inflation back to their 2% goal. The...

Apollo-managed funds, affiliates and other long-term investors provided a $585 million financing to The Executive Centre (TEC), a provider of flexible office space, with more than 30 years of operating experience and a portfolio of over 260 centers across 38...

MetLife Investment Management (MIM), the institutional asset management business of MetLife, closed Galaxy 38 CLO, a $450 million target par new issue collateralized loan obligation (CLO). PineBridge Investments, which is part of MIM, served as collateral manager for the transaction....

Monroe Capital, on behalf of its investment funds, led a $60 million class B term loan for 36th Street Capital, a specialty finance company that provides structured lease and loan solutions to large and mid-sized businesses across the U.S. The...

Suniva, a U.S. merchant manufacturer of monocrystalline silicon solar cells, completed an $835 million capital raise comprising both debt and equity financing. The financing was provided by a group of financial partners, including Suniva’s largest shareholder and long-term backer, Lion...

Payment Nerds, a merchant services and payment processing company, secured a $2 million credit facility from Espresso Capital, providing additional capital to support the company’s continued growth and expansion. The financing will enable Payment Nerds to accelerate investments across its...

Privacore Capital, a Janus Henderson affiliate providing alternative investment solutions to the private wealth market, added Bill Presutti as head of U.S. sales. Presutti will focus on expanding access to Privacore’s differentiated alternative investment solutions for financial advisors, RIAs, private...

BRG added Marc Metrick as a managing director in its corporate finance practice based in the New York office. He brings proven methods and approaches in helping organizations manage through transformation and transition, further enhancing BRG’s deep retail and consumer...

Growing businesses often need access to flexible working capital to take advantage of opportunities when they arise. For one tire distribution company, that opportunity was expanding its operations with the purchase of a new building while maintaining the cash flow...