News

Montagu intends to create a medical devices supplier by supporting the merger of Tyber Medical, Intech and Resolve Surgical Technologies. As part of the transaction, Montagu entered into a definitive agreement to acquire Tyber Medical, a medical device company providing...

Brex, the modern corporate card and spend management platform for startups and enterprises, closed a two-year, $235 million revolving credit facility. Citi serves as senior lender for the credit facility, joined by TPG Angelo Gordon as a participating lender. This...

Trillium Flow Technologies, a portfolio company of First Reserve and a global designer, manufacturer and aftermarket services provider of engineered valves and pumps used in infrastructure sectors such as nuclear power, water, wastewater and industrial processing, completed its refinancing in...

CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided a $30 million revolving credit facility to Ice Services, a distributor of cellular phones and related wireless items and services. “We appreciate the focused effort and expertise of...

Legacy Corporate Lending, an independent asset-based lending company focused on serving the needs of middle market companies across North America, provided a $25 million asset-based credit facility to American Technologies, doing business as 888VoIP, a value-added reseller and distributor of...

Ramirez Asset Management (RAM), a $12+ billion fixed income and equity investment manager serving institutional investors and high net worth investors, recently acquired the private credit opportunities strategy team and their assets from hedge fund manager Avenue Capital Group. The...

Encina Private Credit served as administrative agent on a senior secured credit facility supporting Quadriga Capital portfolio company Ipsen International, a global manufacturer of material transformation and treatment technology and related aftermarket parts and services. The transaction supported the refinancing...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Rita’s Italian Ice & Frozen Custard by Maple Park Capital Partners.

Inhibrx Biosciences, a biopharmaceutical company with two programs in ongoing clinical trials, entered into a loan and security agreement with Oxford Finance, pursuant to which the lenders provided a five-year term loan facility for up to $150 million. “This enables...

Kevin Alexander, partner in Ares Management’s alternative credit strategy, has been promoted to co-head of alternative credit alongside current co-heads Keith Ashton and Joel Holsinger, effective immediately. Alexander joined Ares in 2019 and has been a key leader and contributor...