News

Chris Carmosino joined Gordon Brothers as president of Valuations. He succeeded Rick Schmitt, who is retiring._x000D_ _x000D_

Range Resources extended its $4 billion revolving credit facility for five years with a syndicate of 27 banks led by JPMorgan as administrative agent.

Seacoast Business Funding closed an $8 million asset-based lending facility for a Southeastern based IT services provider.

Christopher Andrew Jarvinen, a bankruptcy attorney possessing nearly two decades of experience, joined Richards Kibbe & Orbe in its New York office._x000D_ _x000D_

Byline Bank’s Sponsor Finance Group provided revolver and term credit facilities to finance Salt Creek Capital’s investment in Sound Building Supply. Spell Capital Mezzanine Partners provided subordinated debt and equity.

Isaac Larian, CEO of MGA Entertainment, put in a formal bid of $675 million to buy the Toys”R”Us U.S stores and $215 million to buy the stores in Canada. The funds will come from Larian’s own coffers, additional investors and...

Reuters reported Veritas Capital has lined up $850 million in leveraged loans to support its purchase of GE Healthcare’s value-based care business.

SB Capital Group, an affiliate of the Schottenstein Family of Companies, and 360 Merchants Solutions formed a new entity, SB360 Capital Partners, to jointly operate their businesses.

Accel-KKR, a technology-focused investment firm, provided a senior secured credit facility to support the Green Mountain Technology management team in its recapitalization of the company.

NXT Capital provided a senior secured credit facility to support May River Capital’s acquisition of The Dickson Company.