News

ALJ Regional Holdings acquired Realtime Digital Innovations, closed an equity private placement and amended its credit agreement with PNC Bank as administrative agent.

Capital Southwest supported DFW Capital Partners recapitalization of Vertex Business Services with first lien financing and an equity co-investment.

Holland & Hart has added partner Tim Crisp to its Commercial Finance practice.

Keywords Studios closed a €140 million ($155 million) revolving credit facility with a bank group including Barclays, Citibank, HSBC and Silicon Valley Bank.

White Oak Commercial Finance hired veteran underwriters Sudhir Chaudhry and Kevin Maitland, further increasing the company’s originations presence across the U.S. _x000D_ _x000D_

The Federal Reserve’s Open Market Committee, in an eight to two vote, decided to cut the borrowing rate by a quarter of a point._x000D_ _x000D_ _x000D_ _x000D_ _x000D_

Encina Business Credit has upsized its senior credit facility to $500 million in total commitments from 12 institutions.

TAB Bank provided a $3 million revolving credit facility for a product testing company located in Illinois.

Burke Gappmayer joined Holland & Hart's Commercial Finance practice in Salt Lake City._x000D_ _x000D_

AFC Industries has completed an acquisition of The Boulder Company. Twin Brook Capital served as administrative agent for financing to support the transaction._x000D_ _x000D_