News

Jacen Dinoff of KCP Advisory Group is serving as chief restructuring officer to Solstice Marketing Concepts in the company’s recent Chapter 11 filing.

Biddeford Holdings, a partnership between Gordon Brothers and New Mill Capital, acquired the real estate, machinery and equipment of a producer and marketer of packed bakery food.

Cogent Bank’s specialty lending group surpassed $100 million in loan commitments in fewer than 30 months.

LSQ recently originated a $10 million factoring credit facility within an expedited timeline for an Amazon vendor. The business, which reported a doubling in year-over-year sales growth, experiences seasonal boosts in demand for its fitness, health and recreational products.

eCapital Commercial Finance, a division of eCapital, issued a $750,000 factoring facility to an industrial staffing service provider.

CFGI, Argus Management and Brown Rudnick acted as reorganization counsel to Dean and DeLuca, a U.S. chain of upscale grocery stores, in the company’s recent Chapter 11 emergence.

Dwight Capital closed more than $635 million in financings (including interest rate reductions) in January. Dwight provided HUD loans for Legends Cary Towne, SOVA on Grant Apartments, Infinity at Centerville Crossing and Cascades Apartments.

Citizens M&A Advisory served as the exclusive financial advisor to Thought Logic Consulting, a business and technology transformation consulting firm, on its  growth capital investment from Renovus Capital Partners, a Philadelphia-area private equity firm.

CIT’s power and energy business served as a co-lead arranger on $93.3 million in financing for a portfolio of six battery energy storage systems owned by Key Capture Energy in Texas.

Carl Marks Securities, an affiliate of Carl Marks Advisors, served as financial advisor to Hawkins Point on its sale to Verista, a compliance and automation solutions organization for the life sciences industry.