News

Pacific Mercantile Bank has provided a $4.5 million credit facility to BTG Textiles.

Todd W. Eckland has joined Bracewell’s New York office as a partner in the corporate and securities group.

CIT Group’s Healthcare Finance business served as sole lead arranger on a $27.2 million loan to support the refinancing of two Texas assisted living facilities.

T2 Biosystems has restructured its term loan agreement with CRG Servicing.

NXT Capital closed a $220 million senior secured credit facility to support New Mountain Capital’s acquisition of Ontario Systems.

Antares served as sole lead arranger and is acting as administrative agent for a senior secured credit facility to support Sterling Investment Partners’ investment in HeartLand.

Monroe Capital increased MC Group’s credit facility to support the company’s merger with Icon Identity Solutions, a portfolio company of Arcapita Investment Management US._x000D_ _x000D_

Bill Fasel has joined Grant Thornton as a managing director in the firm’s Strategic Solutions practice within Advisory Services. _x000D_ _x000D_

Discount value retailer Fred’s has once again tapped SB360 Capital Partners as its exclusive consultant to conduct store closing sales in its 81 remaining locations.

Concord served as exclusive advisor and arranged a $20 revolving line of credit for a Midwest-based lighting company.