Bridge Bank Archives

Bridge Bank Provides Debt Financing for HighBar Partners’ Acquisition of SilkRoad Technologies

HighBar Partners, a Menlo Park, CA-based private equity investor, acquired SilkRoad Technology, a global software and cloud-based technology platform designed to increase employee satisfaction and productivity. Debt financing for the transaction was provided by Bridge Bank.

Tree Line and Bridge Bank Support Bessemer Investors’ Acquisition of Stake in Legacy Restoration

Bessemer Investors, a New York-based investment firm, acquired a stake in Legacy Restoration, a provider of exterior restoration and remodeling services. Tree Line Capital Partners and Bridge Bank, a division of Western Alliance Bank, provided debt financing for the transaction.

Bridge Bank Extends $5MM Monthly Recurring Revenue LOC to One Medical Passport

Bridge Bank’s Boston-based technology banking group extended a $5 million monthly recurring revenue line of credit to One Medical Passport, a provider of software that helps ambulatory surgery centers and hospitals streamline their systems.

July 21, 2021 Bridge Bank | Darren Gastrock | One Medical Passport | Stephen Puznak Ian Koplin

Bridge Bank Provides $2.5MM Credit Facility to NORCAL Ambulance

Bridge Bank’s East Bay commercial and industrial banking group extended a $2.5 million credit facility to NORCAL Ambulance, a specialty-care transport company administratively based in Livermore, CA, with stations throughout Northern California.

June 25, 2021 Bridge Bank | Karla Nazareno | NORCAL Ambulance | Ryan Banta Ian Koplin

Bridge Bank Amends Existing Senior Debt Facility for Fennec Pharmaceuticals

Fennec Pharmaceuticals, a specialty pharmaceutical company, amended its existing senior debt facility with the life sciences group at Bridge Bank, increasing the size of the facility from $18 million to $20 million.

June 24, 2021 Bridge Bank | Fennec Pharmaceuticals | Lauren Cosentino | Robert Andrade Ian Koplin

Bridge Bank Closes $25MM Credit Facility for Targeted Lease Capital

Bridge Bank closed a $25 million credit facility with Targeted Lease Capital, a Williamsville, NY-based company that provides equipment finance loans to small businesses.

Bridge Bank Extends $15MM Term Loan to Examity

Bridge Bank’s technology banking group extended a $15 million growth capital term loan to Examity, a technology company concentrating on the online proctoring market.

May 7, 2021 Bridge Bank | Darren Gastrock | Examity | Nick Malone Ian Koplin

Tree Line Capital Partners, Bridge Bank Support Alianza’s Acquisition of CounterPath

Tree Line Capital Partners served as last-out lender for a first lien credit facility to support Alianza’s acquisition of CounterPath. Bridge Bank served as administrative agent and provided a first-out term loan and revolver to support the transaction.

Bridge Bank Adds Nardulli, Biers and Ogus to Capital Finance Group

Bridge Bank hired Nick Nardulli as assistant vice president of portfolio management, Richard Biers as vice president of portfolio management and Steven Ogus as senior vice president of asset-based lending, all in the company’s capital finance group.

February 12, 2021 Bridge Bank | Nick Nardulli | Richard Biers | Steven Ogus | Timothy Carstens Phil Neuffer

Bridge Bank Provides New $15MM Term Loan to CytoSorbents

Bridge Bank provided a new $15 million term loan for CytoSorbents Corporation after the company repaid the outstanding principal balance of its existing $15 million term loan with the bank.

December 14, 2020 Bridge Bank | CytoSorbents | Kathleen P. Bloch | Lindsay Fouty Phil Neuffer

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