Articles from White Oak Global Advisors, LLC

White Oak Global Advisors (“White Oak”) today announced it has provided a $17 million senior secured loan to a global cloud-based software and services company (the “Company”). The investment will support the Company’s recapitalization and provide additional liquidity to fund continued growth and product development initiatives.

White Oak Global Advisors (“WOGA”), a private investment firm specializing in providing financing solutions to support the business needs of middle and lower-middle market enterprises, today announced it has provided a senior secured loan to Integrity Landscape Corporation (“Integrity”) to refinance existing debt and finance the acquisition of Serpico Landscaping, Inc. Integrity is a full-service commercial landscaping company operating across the Bay Area. Integrity is a portfolio company of Seacoast Capital and Galaxi Group, a leading west coast based independent sponsor.

White Oak Global Advisors, LLC (“White Oak”), today announced the appointment of David Leblanc, a longtime aviation and aerospace executive, to the Board of Thrust Engine Leasing, an investing entity of White Oak Aviation, LLC, White Oak’s aviation financing affiliate. Leblanc brings more than two decades of experience in executive, board, and investing roles and has a strong track record of transforming middle-market and growth-stage aviation and aerospace companies.

White Oak Global Advisors (“White Oak”), a private investment firm specializing in providing financing solutions to support the growth and business needs of small and medium enterprises, today announced a new partnership with the United Submarine Alliance (USA) Qualified Opportunity Fund LP.

White Oak Global Advisors, LLC (“WOGA”), a global alternative asset manager that provides senior bank lending products to middle market companies announced that, along with its Financing Affiliates (collectively “White Oak”), it deployed $1.1 billion in capital in 2023.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, (“WOGA”) provided a $20 million factoring facility (“Facility”) to a leading telecommunications company. The Facility will allow the company to continue its growth and its supplying of tablets and data to qualified consumers under the Affordable Connectivity Program (ACP).

White Oak ABL, LLC, White Oak Commercial Finance, LLC, and other funds and accounts managed by White Oak Global Advisors, LLC, (collectively, “White Oak”), have closed a new $70 million commitment in a $225 million ABL credit facility to a leading private-equity owned home textile supplier, specializing in fashion top of bed, basic and utility bedding, and window coverings. The funds will be primarily used to provide for working capital.

White Oak ABL, LLC and White Oak Commercial Finance, LLC, the asset-based lending affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”) provided a $40 million North America ABL credit facility (the “ABL Facility”) to Invacare Holdings Corporation (“Invacare” or the “Company”), a leading manufacturer and distributor of medical equipment used in non-acute care settings. The $40 million ABL Facility was part of Invacare’s larger financial restructuring, which allowed the Company to emerge from a voluntary pre-arranged bankruptcy and continue to pursue its goals in its core lifestyle and mobility & seating product categories.

Atlantic Carbon Group, Inc. (“Atlantic Carbon”, “ACG”, or the “Company”), a specialty natural resource company headquartered in Hazleton, PA, announced today the appointment of Eric Martin as the Company’s new chief executive officer, effective March 15, 2023. As CEO, Mr. Martin will focus on expanding production to meet the fast-growing global market demand for ACG’s product. He anticipates implementing various elements of sophisticated mine planning, with special attention to operational efficiencies and the modernization of Atlantic Carbon’s mining techniques. Mr. Martin succeeds George Roskos, who will assume an advisory role within the Company and join the Company’s board.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $2 million non-recourse factoring facility to a wholesaler of contemporary men’s apparel.

White Oak Global Advisors, LLC, (“WOGA”), a global alternative asset manager providing flexible and secure funding to help businesses grow, today announced that the firm, together with its financing affiliates (collectively “White Oak”), originated $1.4 billion of loan transactions across 60 deals in 2022.

White Oak Healthcare Finance LLC (“White Oak” or “WOHCF”) acted as sole lender and administrative agent on the funding of a $42.3 million asset-based senior credit facility for Cascadia Healthcare, Inc. (Cascadia). The funds will primarily be used to fund Cascadia’s growth and ongoing working capital.

White Oak Global Advisors, LLC, (“WOGA” or “the firm”), a global alternative asset manager providing flexible and secure funding to help businesses grow, today announced that the firm, together with its financing affiliates (collectively “White Oak”), provided over $1 billion in loans across all platforms between January 1 and June 30, 2022. The total dollar amount accounts for the combined value of 45 separate transactions to middle and small middle market businesses across a wide array of industries, representing a highly diversified deal flow.

White Oak Global Advisors, LLC (“White Oak”) announced today it has provided a term loan to Benada Aluminum Products (“Benada”), a leading, full-service aluminum extrusion operation servicing a diverse mix of building products, distribution, storm protection and industrial customers across the Southeastern United States. The transaction was made alongside an asset-based loan (ABL) facility by White Oak Commercial Finance (WOCF), an affiliate of White Oak, and supported the acquisition of Benada Aluminum Products by Shadowbriar Capital Partners’ (“Shadowbriar”), a Los Angeles based private equity firm that seeks to make control investments in leading lower middle-market industrial businesses.

White Oak Global Advisors, LLC, (“White Oak”) announced today it has provided a $75 million term loan to North Atlantic Imports, which also operates under the name Blackstone Products (“Blackstone” or the "Company"), a Utah-based distributor of branded griddles and accessories. The loan was offered on a split-lien basis alongside a Wells Fargo ABL Revolver.

White Oak Global Advisors, LLC (“White Oak”), announced it arranged and closed a $100 million term loan to support the acquisition of a large US-based multi-channel IT services provider by a Canadian IT services platform. White Oak’s term loan alongside a $40 million asset-based credit facility provided the platform business with an efficient and holistic funding solution.

White Oak Global Advisors, LLC, (“White Oak”) announced it provided a $40 million term loan to Solace Capital Partners to support its acquisition of Sun Mountain Sports. In addition, White Oak Commercial Finance, LLC, an affiliate of WOGA, provided a $10 million ABL credit revolver to help meet Sun Mountain’s ongoing working capital needs.

White Oak Global Advisors, LLC, (“WOGA”), a global alternative asset manager providing flexible and secure funding to help businesses grow, today announced that the firm, together with its financing affiliates (collectively, “White Oak”), originated $2.1 billion of loan transactions across 133 companies in 2021.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $15 million factoring facility to a supplier of parts for the automotive aftermarket.

White Oak Healthcare Finance, LLC (“White Oak”) announced today that it acted as sole lender and administrative agent of a senior credit facility to support the acquisition of Port 45 Recovery LLC (“Port 45”) by Sunrise Treatment Center, LLC (“Sunrise” or the "Company"), a Bridges Fund Management L.P. (“Bridges”) portfolio company.

White Oak Global Advisors (“White Oak”) is pleased to announce that it has provided a $51.5 million commitment to provide senior secured term debt financing to HRB Brands LLC (“HRB”) to effectuate their acquisition of a portfolio of personal care brands from Helen of Troy Limited (Nasdaq: HELE). The acquired portfolio includes the North American operations of 12 iconic and well-known brands such as Brut, Pert, Sure, and Ammens.

White Oak Global Advisors, LLC (“White Oak”), announced it provided a $80 million term loan supporting the refinancing of one of the largest non-ferrous and ferrous metals recyclers in the US. The structure, which also includes an $80 million asset-based credit facility, provides the company with a more efficient capital structure and increases its borrowing capacity as commodity prices increase.

White Oak Global Advisors ("White Oak") is pleased to welcome Jon Patty as a Managing Director and a partner based in the San Francisco office. Mr. Patty joins White Oak’s Head of ESG & Impact, Terésa Cutter, and is responsible for leading new ESG and Impact-oriented investment opportunities and strategies, as well as working closely with White Oak’s clients and borrowers.

White Oak Global Advisors, LLC (“White Oak”), announced it provided a $45 million term loan to a global metals and commodity trading conglomerate, supporting its acquisition of the largest domestic vertically integrated producer of Alumina.

White Oak Global Advisors (“White Oak”) announced today that it has brought on Eric Tanjeloff as Managing Principal to lead White Oak Real Estate Capital (“WOREC”), a newly formed affiliate focused on credit opportunities in commercial real estate. WOREC will initially focus on direct loan origination secured by high quality real estate assets in the U.S. The affiliate will provide owners of transitional assets flexible capital to execute value add and opportunistic business plans, ranging from ground up construction to acquisition and lease-up bridge loans. WOREC will lend tactically against a broad range of commercial real estate asset classes and real estate operating companies. Loan sizes will typically range from $25 million to $150 million.