ABF Journal

The numbers tell a story of compression.

It’s easy to assume that in a sale process, the best buyer is the one offering the highest headline price. For founders who have spent years — or even decades — building a business, price is an important and tangible measure of what they’ve created, and a big number — or attractive terms — can command their attention. While the financial terms certainly matter (i.e., cash at close, earnouts, rollover equity, etc.) the intangibles are just as important.

CIT Northbridge provided a $70 million revolving line of credit to a U.S based packaging production company. The financing will be used to support the company’s working capital needs as it continues to deliver flexible packaging solutions for premier consumer brands. “At CIT Northbridge, we are committed to providing flexible financial solutions to help companies grow and scale their business,” Neal Legan, business leader at CIT Northbridge, said.

The RoHo Capital Opportunity Fund, a joint venture formed by Horizon and CR Financial, the holding company for Roth Capital Partners, provided a $20 million senior credit facility to NeoVolta with the ability to increase the facility to $30 million upon mutual agreement. An initial $20 million was funded at closing to support NeoVolta’s continued growth.

A Nevada-based SaaS online grocery marketplace has secured a $3 million invoice financing facility from Prestige Capital to support working capital needs and fuel continued platform growth. As demand for digital grocery solutions continues to expand, the company required a flexible financing partner capable of scaling alongside its rapidly growing receivables.

Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.

Cannara Biotech, a vertically integrated producer of premium-grade cannabis products, entered into an amended and restated syndicated credit agreement with Bank of Montreal (BMO) and The Toronto-Dominion Bank (TD). The restated credit facility provides Cannara with $80 million of total committed borrowing capacity, representing a $30 million increase from the approximately $50 million accessible immediately prior to refinancing.

Setpoint served as third-party review provider for FIGRE Trust 2026-EXP2, a $316.3 million securitization of home equity lines of credit sponsored by Figure Technology Solutions, a blockchain-native capital marketplace for the origination, funding, sale and trading of tokenized assets. The transaction closed Aug. 31, 2026. Morningstar DBRS rated the deal.

CohnReznick, a professional services firm, added Kate Peachway as partner and chief financial officer. As a member of the executive team, Peachway will lead financial strategy and operations for the firm. She has more than 20 years of experience spanning finance, strategy, investing and business leadership.

Hilco Global, a subsidiary of ORIX USA, added Chris George as executive director, global head of healthcare for Hilco Global Professional Services. In this newly established role, George will lead the development and growth of the global healthcare practice.