ABL Advisor - Asset Based and Commercial Lending Financial …
MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, announced the closing of $87,000,000 in total bridge and working capital financing for a portfolio of skilled nursing facilities located in Florida. Proceeds from the $80,000,000 bridge loan were used to refinance... 11/8/2024. Nursing Facilities.
Encina Lender Finance Bolsters Senior Management Team with …
Oct 10, 2024 · Encina Lender Finance (“ELF”) announced several senior executive promotions and key new hires to support the company’s next stage of growth. The promotions are as follows: Geoff Beard – Chief Executive Officer & Chief Investment Officer: Geoff joined ELF in June 2024 as Co-CEO to lead the firm’s Consumer/SMB Vertical. In his new expanded role as CEO and CIO, Mr. Beard will have ...
Janus Henderson Completes Victory Park Capital Acquisition
Oct 3, 2024 · Janus Henderson Group, a leading global active asset manager, announced that it has entered into a definitive agreement to acquire a majority stake in Victory Park Capital Advisors, LLC (“VPC”), a global private credit manager with a nearly two decade-long track record of providing customized private credit solutions to both established and emerging businesses.
Hilco Global and TPG Angelo Gordon Launch JV to Invest in …
Oct 29, 2024 · Hilco Global and TPG Angelo Gordon announced the formation of a new joint venture that will identify, acquire, and finance consumer brands and IP in partnership with Bluestar Alliance, LLC. In connection with the launch, the JV has completed a series of inaugural transactions, including: An approximately $190 million investment in a securitization transaction established by BR Brand Management ...
Equify Financial Funds $10.5MM Working Capital Loan for Oilfield ...
Oct 24, 2024 · Equify Financial funded a $10.5 million working capital loan for a long-standing customer, an innovative oilfield services provider specializing in logistics. This financing empowers the company to continue its strategic expansion, ensuring its ability to deliver best-in-class logistics solutions for energy operations. With the newly secured...
Trinity Capital Provides $40MM in Growth Capital to Beam Benefits
Oct 11, 2024 · Trinity Capital announced the commitment of $40 million in growth capital to Beam Benefits ("Beam"), a digitally native employee benefits company. Founded in 2012, Beam began by modernizing dental benefits. Since then, Beam has evolved into a one-stop shop for ancillary benefits, offering dental, vision, life, disability, and supplemental health coverage.
BlackRock and Santander Expand Partnership for Private Asset …
Sep 27, 2024 · BlackRock and Santander announced the signing of a memorandum of understanding (MoU) by which funds and accounts managed by BlackRock will invest up to US$1 billion per year in select project finance, energy finance, and infrastructure debt investment opportunities with Santander through structured transaction formats. The agreement follows an initial transaction whereby funds and accounts ...
JPalmer Collective Completes $72MM Capital Raise to Accelerate …
Oct 18, 2024 · JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, announced a series of transactions raising $72 million in gross proceeds. The raise will accelerate JPC's growth trajectory and fund new loans to JPC borrower clients. The capital raise consists of a strategic combination of financing including a senior revolving ...
Asset Based and Commercial Lending Deal Tables | ABL Advisor
Oct 1, 2024 · Deal tables are updated daily, fully sortable and feature highly-detailed transaction summary pages. Click Individual Deals for Full Transaction Details. Deal tables, asset based lending deal charts for the asset based commercial lending industry. Featuring quarterly Thomson Reuters LPC loan volume reports detailing domestic ABL transaction ...
True Value Company Initiates Chapter 11 Proceedings, Announces …
Oct 14, 2024 · True Value Company announced that it has entered into an agreement to sell substantially all of the Company's business operations to home improvement industry peer Do it Best Corp.To complete the sale in the most efficient manner, True Value and certain of its affiliates initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for...