Dynasty Financial Partners, a provider of back and middle-office outsourced solutions for RIAs, closed a $50 million revolving credit facility with Royal Bank of Canada (RBC) acting as sole administrative agent.
UMB Bank is serving as administrative agent for an amended $1.5 billion senior secured warehouse facility for two entities jointly established by Griffin Global Asset Management and Bain Capital Credit.
Tattooed Chef expanded and extended its secured revolving credit facility with UMB Bank. The credit facility was increased to $40 million from $25 million and has a three-year term set to mature in September 2025. The prior facility, also with UMB, was scheduled to mature in September 2023.
Rock Hill Capital and its portfolio company, Park Energy Services, completed its second acquisition in less than a year with the purchase of substantially all the assets of San Antonio-based Great Texas Compression.
Marigny Investments, a Denver-based private equity firm, acquired Victory Supply. Greyrock Capital Group provided equity and subordinated debt financing and UMB Bank provided senior debt financing.
Edgemere Dallas initiated a voluntary and comprehensive restructuring through Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Texas.
eCapital acquired the portfolio of UMB Bank’s accounts receivable financing division. This is the 11th acquisition for eCapital within the alternative finance sector in the last four years.
Vmo Aircraft Leasing closed a five-year, $600 million senior secured warehouse facility. Credit Suisse Securities and Natixis Corporate and Investment Bank are the co-structuring agents and joint lead arrangers of the facility. UMB Bank is the administrative agent and the security trustee.
DBM Global, the infrastructure business of HC2 Holdings, completed its previously announced acquisition of a 100% interest in Banker Steel Holdco from Atlas Holdings. DBM also entered into a new credit agreement with a syndicate led by UMB Bank for $220 million in financing.
Jeff Dunbar joined UMB Bank’s capital finance business development team as a senior vice president and business development officer under the accounts receivable finance business channel. Operating out of St. Louis, Dunbar will contribute to the business’ marketing efforts throughout the Midwest.