Citizens Taps Musicant to Lead West Coast Expansion

Citizens Commercial Banking has established a West Region headed by David Musicant and tapped Jim Malz to lead its Midwest Region.

Citizens Supports Bromford Acquisition of Accrofab

Citizens Commercial Banking led a new credit facility for UK-based Bromford Industries to support the acquisition of Accrofab. Citizens is the sole lead arranger.

Citizens Leads ABL Facility for Burris Logistics

Citizens Commercial Banking led a senior secured asset-based revolving credit facility for Burris Logistics to support its acquisition of Trinity Logistics.

Citizens Agents $600MM Revolver for Monro

Citizens Commercial Banking served as administrative agent and lead left arranger for a $600 million senior secured credit facility for Rochester, NY- based Monro.

Citizens Agents ABL Financing for Kane Is Able

Citizens Commercial Banking led a senior secured asset-based revolving credit facility for Kane Is Able.

Citizens Agents ABL Financing for Merfish/United Pipe & Steel Merger

Citizens Commercial Banking led a senior secured asset-based financing for Merfish Pipe Holdings, a portfolio company of One Equity Partners, to support its acquisition of United Pipe & Steel.

2019 M&A Outlook: It’s Still a Seller’s Market – For Now

Middle-market companies seeking growth or liquidity have fueled a strong M&A market in recent years, but Citizens Commercial Banking’s annual survey found many companies see a slowdown on the horizon.

Citizens Agents $60MM Secured Facility for API Heat Transfer

Citizens Commercial Banking acted as sole arranger and administrative agent on a $60 million senior secured credit facility for API Heat Transfer, a designer and manufacturer of specialty heat exchangers.

Citizens Adds Head of Corporate Finance to Exec Committee

Citizens Financial appointed Ted Swimmer, head of corporate finance and capital markets for Citizens Commercial Banking, to the company’s executive committee.

Citizens Bank Leads New Financing for MAG Aerospace

Citizens Commercial Banking led a new credit facility for Fairfax, VA-based MAG Aerospace to provide working capital and acquisition financing. Citizens served as left lead arranger, joint bookrunner and administrative agent on the transaction.