Audax Private Debt, as lead investor and collateral agent, provided a second lien credit facility supporting Tenex Capital Management’s acquisition of JTM Foods.
White Oak Commercial Finance closed a working capital credit facility for Mana Products, a developer and manufacturer of beauty products based in New York.
King Trade Capital completed a $5 million purchase order finance facility for a Massachusetts-based high-efficiency particulate air (HEPA) purification company.
Rosenthal & Rosenthal completed a $1.25 million purchase order finance facility to support the production financing requirements of an Iowa-based importer and distributor of housewares.
VidCrunch secured a multi-million-dollar financing facility from Silicon Valley Bank to its global sales team, enhance its engineering resources and continue its ongoing investments in product development, content curation and creation for its publisher portfolio.
CIT’s power and energy business served as coordinating lead arranger for approximately $200 million in financing for the 149-megawatt Big River solar power project in White County, IL.
CVC Credit provided a debt facility to support Sole Source Capital’s acquisition of Peak-Ryzex and its subsequent add-on acquisition of Optical Phusion.
VSS Capital Partners completed a growth investment in Centroid Systems, a provider of managed cloud services and enterprise workload consulting services. CIBC Innovation Banking provided senior debt financing to facilitate the transaction.
US LBM, a distributor of specialty building materials, reached an agreement to acquire American Construction Source, a building materials distribution platform. Barclays and Credit Suisse provided debt financing for the transaction.
IntelePeer completed $110 million in new funding, including $75 million in convertible notes and debt financing from Sixth Street Growth and $35 million in equity from Savant Growth.