Of Interest

Citizens Provides $50MM Credit Facility to Crosslake Technologies

Citizens provided a $50 million credit facility to Charlotte, NC-based Crosslake Technologies. Citizens is left lead arranger and administrative agent. The credit has a $25 million revolving line of credit and a $25 million term loan. read more

Wafra Capital Partners Rebrands as InterVest Capital Partners

Wafra Capital Partners, an investment manager in structured finance verticals and a provider of Sharia-compliant investment products, rebranded to InterVest Capital Partners. read more

Banc of California Acquires Deepstack Technologies

Banc of California acquired the payments platform and technology of Global Payroll Gateway and its wholly-owned subsidiary, Deepstack Technologies, for $24 million in cash and stock. read more

Fleet Advantage Donates $10K During National Truck Driver Appreciation Week

Fleet Advantage, a provider of truck fleet business analytics, equipment financing and life cycle cost management, donated $10,000 through its Kids Around the Corner Foundation to truckersfinalmile.org. read more

Citizens Provides $133.6MM Loan to Longfellow Real Estate Partners

Citizens’ commercial Real Estate Finance team provided a $133.6 million loan to Boston-based Longfellow Real Estate Partners for the development of a new 190,000 square-foot life science lab complex in Emeryville, CA. read more

Ideanomics and ABC Companies Partner to Accelerate Deployment of WAVE Charging Stations

Ideanomics, a global company focused on accelerating the commercial adoption of electric vehicles, made ABC Companies, a provider of motorcoach, transit and specialty passenger transport equipment, a certified reseller of WAVE's wireless inductive charging technology in North America. read more

Signature Bank Supports the Task Force on Climate-Related Financial Disclosures

Signature Bank became an official supporter of the Task Force on Climate-Related Financial Disclosures (TCFD). Established in 2015 by the Financial Stability Board, the TCFD has developed a framework to help public companies and other organizations disclose climate-related risks and opportunities. read more

Penske Debuts Truck Maintenance On-Site Guide

Penske Truck Leasing introduced a new truck maintenance on-site guide, Shipper's Guide to Outsourcing On-Site Fleet Maintenance, which is now available at no cost. read more

Manufactured Raises $13MM to Expand Inventory Financing, Adds Ivanova as Head of Finance

Manufactured, a manufacturing, finance and distribution company, raised $13 million from Tenacity Venture Capital and TriplePoint Capital to expand its inventory financing solution for consumer brands. Zara Ivanova, newly hired head of finance at Manufactured, is spearheading this new initiative. read more

CARB Opens $25MM in Financing to Encourage Small Fleets to Transition to Zero-Emission Trucks

The California Air Resources Board (CARB) launched the Innovative Small E-Fleet (ISEF) $25 million set-aside within the state's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). read more

Medical Equipment Manufacturer Invacare Announces Leadership Changes

Invacare, a manufacturer of medical equipment, named Geoffrey P. Purtill, current senior vice president and general manager in the EMEA and APAC regions, interim president and CEO. The company also appointed Michael J. Merriman Jr. a director and non-executive chairman of the board. read more

Toyota Financial Services Issues Diversity & Inclusion Bond of $750MM

Toyota Financial Services issued its sixth diversity and inclusion bond totaling $750 million. This latest bond offering continues Toyota Financial Services' ongoing commitment to helping diverse underwriting firms strengthen their experience working on high-profile deals. read more

Kapitus Adds $95MM in Funding, Total Debt Facilities at $360MM

Kapitus, a provider of small business financing, closed $95 million in additional funding capacity, bringing its total debt facilities to $360 million. read more

Linamar MedTech Completes ISO 13485 Certification for Medical Device Manufacturing

Linamar, a global diversified manufacturing company, completed its iHub production site and received ISO 13485 certification for medical device production. read more

JetBlue Appoints Olson New VP of System Operations as Battaglia Retires

JetBlue appointed Steve Olson as its new vice president of system operations, as Alex Battaglia is retiring from JetBlue after more than 15 years leading its system operations and airports teams. Olson will join JetBlue from American Airlines. read more

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