News

Among its highlights from Q1/21, Lawrence Financial Group funded $10 million for a school bus wholesaler and provided $9.5 million to a Philadelphia-based marketing firm.

Enterprise Viewpoint selected IDS as one of the Top 20 Fintech Solution Providers of 2021. IDS’ selection was based upon the company’s market position, sales momentum and product innovation. IDS joined fintech companies such as Stripe, Fiserv and OpenFin in...

Funds managed by Stonepeak Infrastructure Partners, a private equity firm specializing in infrastructure investing, partnered with Bellinger Asset Management to complete the acquisition of a $1.1 billion performing aircraft loan portfolio from National Australia Bank.

Greystone and MONTICELLOAM combined their senior housing and healthcare lines of business under a new joint venture. The joint venture will create a provider of capital finance products and services for the senior housing and healthcare industry.

SG Credit Partners extended its credit platform for lower middle-market entrepreneurs and launched a new website illustrating its expanded capabilities.

AllianceBernstein, an investment manager, closed AB BSL CLO 2, a $400 million collateralized loan obligation, with JPMorgan Chase acting as lead arranger.

Altmore Capital, a senior debt lender, closed its first cannabis debt fund, exceeding its goal by more than 200%. The new fund is available to “plant-touching” businesses with more than $10 million in revenue.

Versant Funding funded a non-recourse spot factoring transaction to a Midwest-based software provider.

J D Factors recently provided $1.72 million in factoring facilities for seven different clients.

Middle market organizations are accelerating digital transformation with 90% of companies planning to maintain or increase their digital spending in 2021, according to BDO Digital’s 2021 Middle Market Digital Transformation Survey, which polled 500 C-level executives.