Tag Archives: Morgan Lewis & Bockius

Second Avenue Capital Partners Provides $6.5MM in Exit Financing to Solstice Sunglasses

Solstice Sunglasses, a sunglasses retailer in the United States, emerged from Chapter 11 bankruptcy with the support of a $6.5 million exit financing facility provided by Second Avenue Capital Partners. Solstice Sunglasses filed for bankruptcy relief in February.

CIBC Provides Debt Financing to Facilitate VSS Capital Partners’ Investment in Centroid

VSS Capital Partners completed a growth investment in Centroid Systems, a provider of managed cloud services and enterprise workload consulting services. CIBC Innovation Banking provided senior debt financing to facilitate the transaction.

Second Avenue Provides $6.5MM DIP Facility to Solstice Sunglasses

Second Avenue Capital Partners provided $6.5 million in debtor-in-possession financing to Solstice Sunglasses, a sunglasses retailer in the United States. The DIP facility will deliver supportive capital to Solstice as the retailer commences a restructuring.

KeyBank Provides Debt Financing for Palladin’s Investment in Leapfrog

KeyBank provided debt financing for Palladin Consumer Retail Partners’ investment in Leapfrog Brands and a revolving credit facility to support future growth.

BMO Capital Markets, Financial Technology Partners Advise on Clearpool Acquisition

BMO Capital Markets acted as financial advisor for BMO Financial Group during the completion of its acquisition of Clearpool Group. Meanwhile, Financial Technology Partners served as financial advisor for Clearpool.