News

Dechert recently advised Quest Diagnostics on a definitive agreement to acquire select assets of Fresenius Medical Care’s wholly owned Spectra Laboratories. Under a separate agreement that Dechert also advised upon, Quest will provide comprehensive laboratory services related to end-stage kidney...

Hilco Commercial Industrial launched Hilco Equipment Finance (HEF), a newly established business unit dedicated to providing innovative equipment financing solutions. Industry veteran Brian Pollack has been appointed as managing director, equipment finance to lead HEF, bringing more than 25 years...

Mountain Ridge Capital (MRC) closed a $60 million senior secured credit facility to a midwestern-based distributor of home health and personal wellness products. The MRC facility was used to refinance existing senior debt and will be utilized for working capital...

Wingspire Capital provided a C$67 million revolving line of credit to Toys“R”Us Canada, a specialty toy and baby products retailer with more than 80 stores across Canada and e-commerce channels. Toys“R”Us Canada is using the proceeds to refinance a previous...

Gibraltar Business Capital (GBC) recently provided Formetco, a developer of digital and hardware products, with a $15 million revolving line of credit facility to facilitate its growth plans. The facility is secured primarily by accounts receivable, inventory and some equipment....

First Citizens Bank, through its middle market banking business, provided $15.7 million in financing to Raymour & Flanigan, a furniture and mattress retailer. This transaction refinances an existing Raymour & Flannigan showroom in Norwalk, CT. “Arranging this financing with First...

Corpay, a global S&P 500 corporate payments company, closed on an amendment to its term loan B credit facility that resulted in an increase of $750 million. The transaction is leverage neutral, and the interest rate and maturity remain consistent...

Five Arrows, the alternative assets arm of Rothschild, has made a significant investment to support the continued growth of KEV Group, a North American provider of school activity fee management software solutions for K-12 schools. “Today’s announcement is an incredible...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Yellow Brick Road Early Childhood Development Center by Avathon Capital.

Fortress Investment Group expanded its non-sponsor private lending team with the appointment of Eric Hartman and Bill Tefft as directors in private credit origination. Hartman and Tefft both report to Andy Frank, managing director and head of private credit origination,...