Brentwood Capital Advisors, a partner-owned investment bank focused on the healthcare and technology industries, hired Michael Ory as a managing director. Ory previously served at Raymond James and BRG Capital Advisors.
Wells Fargo provided an ABL facility and Pathlight Capital provided a FILO facility for a total of $1.5 billion in financing for JCPenney after the company sold its retail and operating assets to Simon Property Group and Brookfield Asset Management to exit Chapter 11.
Michael Ory joined BRG Capital Advisors as a managing director and will help lead the firm’s efforts in healthcare services. Ory previously served at Raymond James & Associates.
BRG Capital Advisors advised Atlys Global Finance on a $500 million committed senior debt facility with a large institutional investor.
AloStar Capital Financing provided a $20 million warehouse funding facility for McGinty Road Partners in a transaction arranged by BRG Capital Advisors.
Capstone Business Funding and Arena Investors provided a $20 million senior secured facility to an international contractor and construction management firm.