White Oak Commercial Finance, an affiliate of White Oak Global Advisors, closed a $25 million senior secured facility for a cold weather apparel supplier engaged in the production and distribution of snow pants, jackets, base layers and accessories.
Christopher Gouskos joined the asset-based lending team at White Oak Commercial Finance, an affiliate of White Oak Global Advisors, as a managing director of originations, departing from his previous similar role as managing director of originations at White Oak Global Advisors, which he has held since 2015.
Tom Otte has spent his more than 40-year career in asset-based lending building highly successful businesses in the U.S. and internationally, and he’s still going full speed ahead today.
White Oak ABL, White Oak Commercial Finance and other funds and accounts managed by White Oak Global Advisors closed a new $70 million commitment in a $225 million asset-based lending credit facility for a private equity owned home textile supplier.
White Oak ABL and White Oak Commercial Finance, the asset-based lending affiliates of White Oak Global Advisors, provided a $40 million North America ABL credit facility to Invacare Holdings, a manufacturer and distributor of medical equipment used in non-acute care settings.
White Oak ABL, White Oak Commercial Finance and other affiliates of White Oak Global Advisors provided a $67 million asset-based lending credit facility to a manufacturer of healthcare and food safety products.
Orion Group closed a three-year, $103 million credit facility with White Oak ABL and White Oak Commercial Finance. Orion also entered into a $13 million sale-leaseback of concrete segment equipment with Gordon Brothers.
Kids2 renewed and expanded its partnership agreement with White Oak ABL and Gordon Brothers. The renewed agreement, which was made to a 2020 arranged senior secured credit facility, includes an increase to strategic capital available to the Kids2 business.
White Oak Commercial Finance funded more than $600 million in credit facilities in 2019 and more than $300 million year-to-date to diversified enterprises in North America, the UK, Europe and Australia.
Andy McGhee, Susan Hall and Neal Mulford joined White Oak Commercial Finance to further expand the firm’s asset-based lending and lender finance capabilities. The trio most recently originated, deployed and managed the ABL portfolio at AloStar Capital Finance.