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.

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 $50MM Credit Facility for KCAP

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

Grassroots ABL: Regional Banking Execs Upbeat About Economy

Regional banks play an important role in today’s economy, offering personalized services to small and middle-market businesses. They also are expanding into the ABL market to serve those customers. ABF Journal contributor Lisa Miller spoke with ABL executives from four regional banks who shared their thoughts on the economy, the impact of technology and working with alternative lenders.

AloStar Funds Three Loans Totaling $40.5 Million

AloStar recently funded three deals totaling $40.5 million through its Capital Finance platform.