Citizens Provides $138 million loan to DSC Partners

Citizens Commercial Banking provided a $138 million loan to Washington, D.C.-based DSC Partners for the acquisition of 28 office and industrial buildings in Montgomery County, MD.

Citizens Provides $290MM Revolver for International Materials

Citizens Bank has provided a $290 million revolving line of credit to Boca Raton, FL-based International Materials.

Wesemeier, Los Join Citizens as Managing Directors

Citizens Commercial Banking has hired Peter Wesemeier and Ben Los as managing directors, expanding the bank’s expertise in financial institution and insurance industry clients.

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.