Lawrence Financial Group Provides $135MM in First Three Quarters Of 2021

Lawrence Financial Group provided $135 million in financing during the first three quarters of 2021, with transactions including lines of credit, subordinated debt, purchase order funding, term loans, inventory facilities, floor plans and factoring lines.

October 25, 2021 Lawrence Financial Group Ian Koplin

Haversine Funding Closes $19.3MM in Recent Transactions

Haversine Funding recently closed $19.3 million in transactions, including a $13 million senior secured lender finance facility to an equipment lender specializing in truck and trailer loans in the United States.

October 25, 2021 Haversine Funding Ian Koplin

Finacity and PNC Facilitate $26.6MM Receivables Securitization for Global IT Services Company

Finacity and PNC Bank launched a trade receivables securitization for a U.S.-headquartered technology support company. The securitization program will allow the company up to $25 million in senior funding provided by PNC, while Finacity will provide up to $1.6 million in junior funding.

October 22, 2021 Finacity | PNC Bank | White Oak Ian Koplin

Silicon Valley Bank Provides $30MM Warehouse Credit Facility to Stride Funding

Stride Funding secured $30 million of low-cost education financing from Silicon Valley Bank. Stride will use the warehouse credit facility to fund upskilling programs for graduates of SV Academy, a skills and employment platform for jobseekers transitioning into technology sales and customer success careers.

October 22, 2021 Nick Christian | Rahim Fazal | Silicon Valley Bank | Stride Funding Ian Koplin

Sunstream Provides $100MM Acquisition Facility to Jushi Holdings

Jushi Holdings, a vertically integrated, multi-state cannabis operator, entered into definitive documentation in respect of a $100 million senior secured credit facility from a portfolio company of SunStream Bancorp, a joint venture sponsored by Sundial Growers.

October 22, 2021 Jim Cacioppo | Jushi | Sundial Growers | SunStream Bancorp Ian Koplin

BMO Provides $40MM in Funding to Carrick Specialty Holdings

Carrick Specialty Holdings, an international non-life legacy business providing reinsurance and run-off management solutions, and its Bermuda-based subsidiary, Carrick Holdings (Bermuda), entered into an agreement with Bank of Montreal to provide funding of up to $40 million for legacy transactions.

October 19, 2021 Bank of Montreal | Carrick Holdings | Carrick Specialty Holdings | DLA Piper | Karl Wall | Mayer Brown Ian Koplin

CIBC Innovation Banking Provides Growth Capital Financing to Mindful Health Solutions

CIBC Innovation Banking completed a new growth capital financing for California-based Mindful Health Solutions, a provider of mental health services geared toward treatment-resistant depression.

October 19, 2021 CIBC Innovation Banking | Mindful Health Solutions | Ryan Jessop | Youssef Kabbani Ian Koplin

Cambridge Wilkinson Closes $1.2B in Direct Credit and Equity Transactions in Q3/21

Cambridge Wilkinson closed $1.2 billion of direct credit and direct equity transactions in Q3/21. Cambridge Wilkinson closed transactions across a variety of industries, including specialty finance and commercial real estate.

October 15, 2021 Cambridge Wilkinson | Rob Bolandian Ian Koplin

Briar Capital Provides $6.75MM Real Estate Term Loan to Toy Manufacturer

Briar Capital Real Estate Fund closed a $6.75 million real estate term loan with a toy manufacturer and distribution company located in the Northeast.

October 15, 2021 Briar Capital Real Estate Fund Ian Koplin

K2 HealthVentures Provides $50MM in Financing to Invaio Sciences

Invaio Sciences, a Flagship Pioneering company using natural systems to accelerate the transition to sustainable agriculture to address climate change, entered into a $50 million loan and security agreement with K2 HealthVentures, a healthcare and life sciences-focused investment firm.

October 14, 2021 Flagship Pioneering | Ignacio Martinez | Invaio Sciences | K2 HealthVentures | Parag Shah Ian Koplin