News

Greenhill & Co is acting as financial advisor and AlixPartners is serving as restructuring advisor to NPC in a stalking horse asset purchase agreement with Flynn Restaurant Group.

eCapital, a North American alternative finance provider, funded two factoring facilities totaling $3.9 million, including a $3 million factoring facility to a distributor of consumer electronics products and a $900,000 factoring facility to a veteran-owned temporary staffing agency.

Following an auction as part of Lilis Energy’s Chapter 11 process, oil and natural gas company Ameredev Texas will acquire substantially all of Lilis Energy’s assets for a $46.6 million cash payment at closing. Opportune is serving as restructuring advisor...

MACCO Restructuring Group is serving as financial advisor to crypto lender CRED in the commencement of its Chapter 11 case in the United States Bankruptcy Court for the District of Delaware. CRED also added Grant Lyon to serve as chair...

In October, CapitalPlus Construction Services, a provider of accounts receivable financing for the construction industry, completed $2.3 million in transactions, including a $1.5 million construction factoring facility for a civil engineering firm in Texas.

Finance company Franklin Capital will participate in SFNet’s 76th Annual Convention, which will be held from Nov. 17-19. Sue Duckett, executive vice president of Frankling Capital, will participate in a panel discussion on Nov. 17.

Pharmakon Advisors, an affiliate of Royalty Pharma, expanded biopharmaceutical company Epizyme’s loan facility with an additional $150 million.

Crestmark secured a total of $11,018,800 in ABL financial solutions for seven new clients and Crestmark’s government guaranteed lending group provided $2.42 million in financing for two new clients in the second half of October.

In a three-day online auction event scheduled for Nov. 17-19, Tiger Group will be selling items from the recently closed Westbury National Show Systems, which was previously one of Canada’s largest full-service live event rental production companies.

Gerber Finance launched Gerber+, a division that services businesses seeking funding ranging from $10 million to $25 million. The company’s first client is Molded Acoustical Products of Easton, a full-service insulation manufacturing solutions company.