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, White Oak Commercial Finance and other affiliates of White Oak Global Advisors closed a three-year, $287.5 million senior secured credit facility for Majestic Steel USA, a Midwest-based distributor and value-added service provider of flat-rolled steel products.
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 ABL provided a second $10 million line increase and extension to Hunt & Sons, a third-generation, family-owned petroleum products distributor. This is the fourth amendment closed between the firms and brings the total asset-based lending credit facility to $95 million.
White Oak ABL, an affiliate of White Oak Global Advisors, funded and arranged a $99.5 million senior secured credit facility for an international infant and toddler toy and product manufacturer.
White Oak ABL, an affiliate of White Oak Global Advisors, closed a $75 million asset-based credit facility with Hunt & Sons, a third-generation, family-owned diversified petroleum products distributor.
White Oak ABL appointed Clark D. Griffith as managing director, based in San Francisco. Griffith joins from Encina Business Credit where he served as senior managing director in charge of West Coast originations.