News

SMART Global Holdings acquired Penguin Computing, a privately held company specializing in compute and storage solutions targeting applications in artificial intelligence, machine learning and high-performance computing.

Lighthouse Financial provided $1.55 million in credit line increases for four different clients.

IQVIA closed a $950 million term B loan and a $700 million European term B loan with Bank of America as administrative agent. The loans were used to repay the company’s revolving credit facility.

Patrick Industries completed the acquisition of Marine Accessories and expanded the size of its credit facility to $900 million. Wells Fargo served as administrative agent for the credit facility, consisting of a $800 million revolver and a $100 million term...

Crestmark appointed Simon Dibos regional vice president, business development officer for the Western division._x000D_ _x000D_

Mark Sooby and Harris Ghozali will join Lazard as managing directors in Financial Advisory, effective July 2. Based in Houston, they will advise companies in the global oil and gas sector, including on acquisitions and divestitures.

New MACH Gen (NMG) and certain of its subsidiaries entered into a restructuring support agreement with its first lien lender and its equity owner.

Ryan Wilson, a former assistant U.S. Attorney for the Eastern District of New York, rejoined Lowenstein Sandler as a partner in the Capital Markets Litigation and White Collar Criminal Defense practices.

First Business Capital closed and funded a $3.4 million credit facility for a private equity-backed transportation and storage business in the Pacific Northwest.

The U.S. Bankruptcy Court for the Southern District of Texas approved up to $450 million in DIP financing for iHeartMedia, which filed for Chapter 11 protection in March.