News

North Mill Capital provided a $15 million facility to Auburn, MI-based SPAR Group.

Monitor has learned from reliable industry sources that Santander Bank is planning to exit the equipment finance industry in the U.S., consistent with a similar shutdown of EFL in the UK.

Piper Jaffray added senior research analysts Brent Bracelin and Rob Owen to its team to cover the software sectors. They will be based in the firm’s Portland, OR office.

Varagon Capital Partners is serving as administrative agent on a unitranche credit facility to support the recapitalization of GWS Tool Group by L Squared Capital Partners.

Structured finance lawyer Richard Hanson has joined Orrick as a partner based in London. He joins from Ropes & Gray.

Jean-Francois Izac will join Greenhill in London as a managing director focused on the insurance sector for the EMEA region._x000D_ _x000D_

Osisko Gold Royalties amended its revolving credit facility, increasing the amount from $350 million to $400 million. National Bank of Canada served as administrative agent.

MidCap Business Credit closed an asset-based credit facility for Global Tissue Group.

Citizens Capital Markets served as the exclusive financial advisor to Trigon Holding in the sale of substantially all of the assets of StelKast to Globus Medical.

Encina Business Credit provided a $65 million senior secured credit facility to an oilfield services company.