KeyBank Upsizes Great Rock Capital’s Leverage Facility

Great Rock Capital upsized its leverage facility with KeyBank. The upsized facility includes the addition of new partners Huntington National Bank, First Foundation Bank and Hitachi Capital America.

April 15, 2021 Chris Tucker | First Foundation Bank | Great Rock Capital | Hitachi Capital America | Huntington National Bank | KeyBank | Stuart Armstrong Ian Koplin

Gateway Trade Funding Provides $500K PO Financing for Maéstro Watch

Gateway Trade Funding provided a $500,000 purchase order facility for Maéstro Watch, a Canadian-based watch company.

April 15, 2021 Fabio Manfré | Gateway Trade Funding | Maéstro Watch | Mark Polinsky Ian Koplin

Medalist Partners Delivers $20MM Credit Line to Car Capital

Car Capital, an automotive fintech company, closed a $20 million credit line with Medalist Partners.

April 14, 2021 Brian Reed | Car Capital | John Slonieski | Justin Tisler | Medalist Partners Ian Koplin

Cross River Provides $50MM Debt Facility to SeedFi as Part of New Partnership

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.

April 14, 2021 Cross River | Gilles Gade | Jim McGinley | Rahul Jha | SeedFi Ian Koplin

Barclays, Golub, Nomura Support L Catterton’s Acquisition of West Marine

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.

April 14, 2021 Baird | Barclays Bank | Golub Capital | Ken Seipel | Kirkland & Ellis | L Catterton | Marc Magliacano | Matt Lischick | Monomoy Capital Partners | Nomura | Paul Hastings | West Marine Ian Koplin

BofA Securities Provides Debt Financing to Support Platinum Equity’s Buy of Club Car

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.

April 13, 2021 BofA Securities | Club Car | Credit Suisse | Goldman Sachs | Ingersoll-Rand | J.P. Morgan Securities | Jacob Kotzubei | Mark Wagner | Matt Louie | Morgan Lewis | Platinum Equity | Simpson Thacher & Bartlett | Tom Gores | Vicente Reynal | Willkie Farr Phil Neuffer

Express Trade Capital Supplies $2.5MM AR Facility to Organic Spice Importer

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.

April 12, 2021 Express Trade Capital Phil Neuffer

Barclays, Deutsche Lead Debt Financing to Support KPS Acquisition

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.

April 9, 2021 Barclays | BNP Paribas | Credit Suisse | Crown Holdings | Deutsche Bank | KPS Capital Partners | Michael Psaros | Paul Weiss Rifkind Wharton & Garrison | Rothschild & Co | Timothy Donahue | UBS Investment Bank Ian Koplin

CrossFirst Bank Provides Financing to Support House of Outdoors’ Acquisitions

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.

April 7, 2021 Corbin Cook | CrossFirst Bank | DUX Waterfowl | House of Outdoors | LYN Fishing | Rise Run Capital Ian Koplin

Brookridge Completes $30MM PO Facility for Recreational Equipment Distributor

Brookridge Funding completed a $30 million purchase order funding facility for an importer and distributor of recreational equipment.

April 7, 2021 Brookridge Funding Ian Koplin