News

Tax and advisory firm Grant Thornton named Kim O’Connor its office managing partner in Boston.

Amerisource Business Capital closed and funded a $3.5 million credit facility for a wholesale fuel distribution company based in Texas.

The U.S. Bankruptcy Court approved Aegean Marine Petroleum’s restructuring support agreement and $535 million in DIP financing provided by two Mercuria Energy subsidiaries and agented by ABN AMRO.

Professional services firm Alvarez & Marsal promoted 43 staff members to the position of managing director. The new directors come from across the globe, including New York, London, Athens, Mumbai and Hong Kong, among other cities.

Chris Molen and Chad Werner joined McGuireWoods as partners in the Atlanta office, bringing experience in the leveraged finance and asset-based lending markets to the firm's Debt Finance Department.

Crestmark’s Joint Ventures division and the Government Guaranteed Lending division secured a combined total of $73.28 million in financial solutions for six solar energy clients in the second half of December.

Robert L. Kahan joined Blank Rome as a partner in the Corporate, M&A, and Securities group in the firm’s Los Angeles office. He is the third partner to join the group in recent weeks.

Abacus Finance Group served as administrative agent and sole lender on a senior debt financing to support In-Place Machining Company’s acquisition of Cutting Edge Services.

Specialty finance company Hercules Capital renewed its credit facility with Wells Fargo Capital Finance. WFCF has committed an initial $75 million in credit capacity under the $125 million accordion credit facility.

Twin Brook Capital Partners served as administrative agent on funding to support the refinancing of Atchafalaya Measurement, an add-on acquisition by Southern Petroleum Laboratories.