News

Lance Bell joined BRG Capital Advisors as a managing director and will lead the company’s efforts in healthcare services.

Ag Resource Management, an asset-based lender that provides operating capital specifically for the purpose of growing crops, will open a new office in Asheville, OH._x000D_

The Toro Company agreed to acquire The Charles Machine Works, the parent company of Ditch Witch. Bank of America Merrill Lynch and J.P. Morgan Chase Bank provided committed debt financing to Toro for the transaction.

Since its founding in Los Angeles in 1990, Lawrence Financial has funded more than 1,200 companies, providing more than $8 billion in capital. In 2018, they provided over $100 million in funding.

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of eTERA Consulting by HaystackID.

LBC Credit Partners served as agent and sole lead arranger on an increase to the Albireo Energy senior secured credit facilities. The extra funding will be used to support the company’s acquisition of EMS Technologies.

The ABF Journal offices will be closed Monday, February 18 in observance of Presidents’ Day.

Factoring company Tetra Capital relocated their headquarters to a new office in Draper, UT to accommodate their continued growth.

Ares Management reported its financial results for its fourth quarter and year ended December 31, 2018.

Austin Financial Services closed a $5 million senior secured credit facility for a full-service custom automation and manufacturing company that services the medical and life sciences, consumer goods and aerospace markets.