News

Ken Bloore joined Gordon Brothers as managing director and head of Operations within the firm’s valuations practice. _x000D_ _x000D_

Joel Wolitzer joined Rosenthal & Rosenthal as senior vice president in the New York office.

David B. Tatge, a law firm focused on factoring, asset based lending and other trade finance, commercial law and business litigation, opened in Oak Hill, VA, outside Washington, D.C.

Amerisource Business Capital closed and funded a $1 million credit facility for a grease and lubricant manufacturer in Texas.

The Wall Street Journal reported that legendary guitar-maker Gibson filed Chapter 11 as it has faced difficulties brought about by failed acquisitions.

MB Business Capital provided a new revolving credit facility to Zorch International. The facility was used to support the acquisition of Zorch by Satori Capital and will fund working capital needs going forward._x000D_ _x000D_ _x000D_ _x000D_

Abacus Finance Group served as administrative agent and sole lender for $22.5 million in senior secured credit facilities to support Thompson Street Capital Partners’ leveraged buyout of Transnet YX. Abacus also made an equity co-investment in Transnet YX.

Louis Meng joined Blank Rome as a partner in the Corporate, M&A and Securities group, head of the firm’s Greater China Practice and chief representative of the Shanghai office.

Marquette Business Credit funded three new clients with commitments totaling more than $40 million. The clients included RadiSys Corporation, Trinity Forge and Logic PD.

White Oak Healthcare Finance served as sole lender and agent on an incremental financing for Hopebridge, a provider of pediatric, clinic-based, outpatient therapy services to children and adolescents struggling with developmental and behavioral challenges.