AloStar Agents $60MM Revolver for Forward Financing

Forward Financing, a provider of technology-enabled alternative financing solutions for under-served small businesses, has closed on a $90 million credit facility, consisting of a $60 million senior revolving credit facility and a $30 million junior term loan. AloStar Capital Finance served as the agent on the senior facility.

M&A Advisor Recognizes Acquisition Financed by AloStar as Restructuring of the Year

The acquisition of Fenix Parts by Stellex Capital Management has been recognized as the “Out-of-Court Restructuring of the Year” in the under $100 million category in the 13th Annual Turnaround Awards by The M&A Advisor.

AloStar Capital Finance Provides Capital to Kellton Tech and its Subsidiaries

AloStar Capital Finance successfully agented and closed a committed credit facility for Kellton Tech and its subsidiaries, an information technology and outsourcing company headquartered in India. This strategically meaningful line of credit will allow Kellton Tech to facilitate their current and future growth objectives.

AloStar Capital Provides $20MM Facility for Flat Rock Capital

Flat Rock Capital has entered into a $20 million financing facility with AloStar Capital Finance, a division of State Bank and Trust.

Schuster Joins AloStar Capital as West Coast Director of Originations

AloStar Capital Finance has added Jonathan Schuster to its new business origination team. Based in the Los Angeles office, Schuster will be responsible for sourcing both asset-based and lender finance deals for the West Region.

AloStar Capital Finance Commits $20MM to Fenix Parts

AloStar Capital Finance agented and closed a $20 million credit facility to support the recent acquisition of Fenix Parts by Stellex Capital Management, a middle market private equity firm.

AloStar Capital Finance, Fenix Parts, Stellex Capital Management, Andy McGhee

AloStar Closes $11.8MM Facility for American-Marsh Pumps

AloStar Capital Finance closed an $11.8 million committed credit facility for American-Marsh Pumps, a supplier and manufacturer specializing in pumping applications.

AloStar Agents $12MM Facility for Contec

AloStar Capital Finance agented a $12 million committed credit facility for Contec, a testing and repair company servicing the cable television industry.

AloStar Provides $20MM to McGinty Road Partners

AloStar Capital Finance provided a $20 million committed credit facility to McGinty Road Partners.

AloStar Agents $50MM Credit Facility for KCAP

AloStar Capital Finance agented a $50 million committed credit facility for KCAP Financial, a publicly traded business development company.