Author: Courtney Ruoff

Stamford, CT-based Finacity Corporation (“Finacity”), a provider of factoring services and working capital solutions, was sold by Greensill Capital, Inc. to White Oak Global Advisors (“White Oak”) through a Chapter 11 363 asset sale process. Finacity originates, structures and places over $100 billion in trade finance receivables yearly with over 50 leading financial institutions in asset-backed security structures. Finacity has facilitated transactions for receivables denominated in 58 currencies with obligors in more than 175 countries making it the largest non-bank trade finance platform globally. …Read More >

Frederick, CO-based Mark Young Construction, LLC (“Mark Young”), a regional leading provider of commercial construction services, announced its recent recapitalization by Tulsa, OK-based Argonaut Private Equity. …Read More >

LPi, a leader in print and online communications primarily serving the Catholic Church market, has sold its wholly owned business units, WeShare and WeGather, to Ministry Brands, a provider of software, services, and information platforms for churches and ministries.  …Read More >

As part of this transaction Maverick Gaming executed a sale of the land under The Wendover Nugget Hotel and Casino, The Red Garter Hotel and Casino, Grand Z Casino Hotel Central City and Johnny Z Casino Central City to Angelo Gordon. With this refinancing, Maverick Gaming has retired all outstanding debt held by HG Vora.  …Read More >

Elmdale Partners (“Elmdale”), a leading integrated B2C residential services platform in brokerage, title & settlement, and property & casualty insurance, has closed a recapitalization and growth capital investment by Stellus Capital Management, LLC (“Stellus”), a Houston-based private equity firm and publicly traded BDC. …Read More >

Stamford, CT-based Finacity Corporation (“Finacity”), a provider of factoring services and working capital solutions, was sold by Greensill Capital, Inc. to White Oak Global Advisors (“White Oak”) through a Chapter 11 363 asset sale process. Finacity originates, structures and places over $100 billion in trade finance receivables yearly with over 50 leading financial institutions in asset-backed security structures. Finacity has facilitated transactions for receivables denominated in 58 currencies with obligors in more than 175 countries making it the largest non-bank trade finance platform globally. …Read More >

Walden, Colorado-based Mountain Valley Bank (“MVB”), a subsidiary of Scottsbluff, Nebraska-based Platte Valley Financial Service Companies, Inc., announced it has entered into a definitive agreement to acquire Cache Bank & Trust, a community bank located in Greeley and Fort Collins, Colorado. …Read More >

TaskRay, the leading SaaS-based customer onboarding platform, announced a new growth investment and leadership appointment for the company. This investment is expected to accelerate TaskRay’s market position with additional capital resources to fund growth across go-to-market strategies and product development to continue delivering solutions and value to its customers. …Read More >