News

iDrive Logistics, a provider of shipping and fulfillment solutions for e-commerce businesses and 3PL fulfillment warehouses, has secured a growth loan from Decathlon Capital Partners. This multi-million-dollar investment package is designed to support iDrive’s ability to meet growing customer demand,...

MonticelloAM, a specialized multifamily and seniors housing bridge lending platform, closed $39 million in total bridge and working capital financing for two New Jersey skilled nursing facilities. The sponsorship group, a repeat MonticelloAM client with extensive experience in the skilled...

Cascadia Capital, an investment bank serving middle-market clients globally, appointed Connor Owens as chief financial officer. In this role, Owens will oversee finance, strategic planning, human resources, technology and operations, supporting Cascadia’s expansion. Based in Cascadia’s Austin office, his leadership...

Cloud Capital Funding, a provider in factoring, purchase order funding and supply chain finance solutions to businesses, funded $1.5 million accounts receivable factoring facility to a woman owned business enterprise supplier to the Defense Department based in Virginia. The funding...

A Texas-headquartered integration and automation company, known for transforming the commercial infotainment audiovisual (AV) experience, has secured $5 million in asset-based lending (ABL) financing. The funding, facilitated by nFusion Capital, positions the company to capitalize on its growing sales pipeline...

Encina Private Credit (EPC) served as the administrative and collateral agent on a senior secured credit facility supporting Kingswood Capital Management’s acquisition of Branding Iron, a provider of branded and private label protein products. EPC provided a first out tranche...

Trinity Capital, an alternative asset manager, committed $30 million in growth capital to Silk Technologies, a software-defined cloud storage provider. “With AI transforming how enterprises manage and consume data, Silk’s cloud storage solutions are timely and necessary,” Jack McNamara, director...

First Business Bank’s accounts receivable financing group funded an $18 million ledgered line facility for a federal government contractor that provides various services, such as call center operations, to several branches of the U.S. federal government. “We were able to...

Thoma Bravo, a software investment firm, completed fundraising in connection with its Thoma Bravo Credit Fund III at $3.6 billion in total available capital, including anticipated leverage. The fundraising represents the firm’s largest credit pool of capital to date. “We...

TD Bank Group appointed Chun president and CEO, renewed its board and adjusted executive compensation to reflect the seriousness of the U.S. Anti-Money Laundering failures. Raymond Chun, currently chief operating officer, will be appointed group president and CEO on Febr....