Cross River, a technology-focused financial services organization and banking-as-a-service provider, delivered a $50 million debt facility to SeedFi as part of a new partnership between the two companies.
L Catterton entered into a definitive agreement to acquire a controlling interest in West Marine, an omnichannel platform in the marine aftermarket, from Monomoy Capital Partners. Barclays Bank, Golub Capital and Nomura provided committed debt financing to support the transaction.
Platinum Equity entered into a definitive agreement to acquire Club Car from Ingersoll Rand in a transaction valued at approximately $1.7 billion. BofA Securities will lead the debt financing for Platinum Equity and Club Car in connection with the transaction.
Express Trade Capital provided a $2.5 million accounts receivables facility for a Nevada-based organic spice importer. The client, which has been in business since 2010, imports organic spices, herbs and botanicals like cardamom, ginger, turmeric and saffron.
KPS Capital Partners signed a definitive agreement to acquire the Europe, Middle East and Africa food, aerosol and promotional packaging business of Crown Holdings. Barclays and Deutsche Bank led debt financing to support the transaction.
CrossFirst Bank provided debt financing to support House of Outdoors’ acquisitions of LYN Fishing and the DUX Waterfowl brand. House of Outdoors is a portfolio company of Rise Run Capital, a Dallas-based private equity firm.