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C&I Lending News and Events

Recent Transactions

Modern Bank was a provider of senior secured credit facilities which were used to support the refinancing of Lucor's existing debt. Founded in 1986, Lucor, Inc. ("Lucor") operates a chain of automotive oil change, fluid maintenance, lubrication, and general preventative maintenance service centers in the US.

Modern Bank participated in this debt financing which was led and arranged by OFS Capital. For more information please contact Carl Tiu at 212-323-1123 or ctiu@modernbank.com

Modern Bank was a provider of senior secured credit facilities which were used to support the acquisition of EBL, LLC ("EbLens") by J.W. Childs Associates, L.P.  EbLens is a leading regional specialty retailer of footwear, apparel, and accessories for the urban lifestyle consumers operating 41 stores in the Northeast.

Modern Bank participated in this debt financing which was led and arranged by Kayne Anderson.  For more information please contact Frank Madden at 212-323-1119 or fmadden@modernbank.com.

Modern Bank was a provider of senior secured credit facilities to support the acquisition/formation of Logistyx Technologies, LLC ("Logistyx") by an investor group led by Kidd & Company and McLarty Capital Partners. Logistyx, headquartered in Tulsa, OK, is a leading global shipping software solutions company.

Modern Bank partnered with McLarty Capital Partners to provide the debt financing for this transaction.  For more information, please contact Frank Madden at 212-323-1119 or fmadden@modernbank.com.  

Modern Bank also provided cash management services to Logistyx. For more information please contact Reynold Tan at 212-323-1125 or rtan@modernbank.com.

2018 Events

January 12, 2018 ACG New York: State of the Union/Dealmaking in 2017
Union League Club, New York, NY

February 1-2, 2018 SBIA Northeast Private Equity Conference
Lotte New York Palace, New York, NY

February 22, 2018 SBIA Southern Private Equity Conference
Trump National Doral, Miami, FL

April 12, 2018 13th Annual M&A ACG DealSource
Metropolitan Club, One East 60th Street, New York, NY

April 18-19, 2018 SBIA Western Private Equity Conference
Fairmont Miramar Hotel and Bungalows, Santa Monica, CA

May 30-31, 2018 SBIA Midwest Private Equity Conference
Ritz-Carlton, Chicago, IL

October 2018 Midwest ACG Capital Connection
Chicago, IL

October 14-16, 2018 SBIA National Conference
The Breakers, Palm Beach, FL

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