DLH Holdings acquired privately-held Social & Scientific Systems of Silver Spring, MD. First National Bank of Pennsylvania agented a new five-year, $95 million facility to support the transaction.
M&T Bank named Blair Ridder regional president for the New York City market. He will be broadly responsible for 375 employees delivering services to customers and neighborhoods across the metro area.
M&T Bank appointed Group Vice President Glenn Jackson chief diversity officer of the bank. He succeeds Carl Jordan, who announced his retirement after a 32-year career at M&T.
Accord Financial signed a new senior secured revolving credit facility totaling $292 million with a syndicate of banks. The Bank of Nova Scotia acted as administrative agent, sole arranger and sole bookrunner on the transaction.
New Jersey-based electronics manufacturer Bel Fuse amended its credit facility, increasing the revolver to $75 million and its term loan to $175 million.
Boat and yacht retailer MarineMax expanded its financing facility to provide for borrowing of up to $350 million, up from its previous limit of $300 million. Wells Fargo CDF was the agent for the facility.
Paper products manufacturer Cascades’s joint venture Greenpac Mill successfully refinanced its credit facilities with a $245 million debt package arranged by Wells Fargo, M&T Bank and Bank of America.