San Ramon, California-based Accela, a provider of civic engagement solutions for governments, has raised $143.5 in funding, the company announced in a statement.
Wells Fargo Capital Finance, a unit of Wells Fargo, has appointed Ryan Birnel as business development officer for the loan originations team in Denver. In his new position, Birnel will be in charge of sourcing and structuring asset-based financings for opportunities originated in Colorado, Utah, Wyoming and Montana.
Wells Fargo Capital Finance, a unit of Wells Fargo, has hired Michael Vasquez as business development officer. In his new position, Vasquez will focus on originating loans for the Northeast region.
Wells Fargo Capital Finance, a unit of Wells Fargo, has named Patrick Simpson as business development officer for the middle market loan originations team in New York. A former Marine, Simpson joined the firm in 2005.
Workshare has inked an agreement to receive a $8.4 million credit facility from Wells Fargo Capital Finance, which is part of Wells Fargo Bank. Workshare develops secure enterprise collaboration apps. Its backers include Business Growth Fund and Scottish Equity Partners.
Wells Fargo Capital Finance has established a channel financing program for global technology solutions company Dell. Dell Financial Services, in cooperation with Wells Fargo’s Capital Finance Channel Finance Program, is able to offer special extended financing terms, interest-free, to their resellers and channel providers.
Wells Fargo Capital Finance, part of Wells Fargo & Co., and Capital One Bank said Friday they co-led the closing of a $100 million loan for Teletrac and subsidiaries. Teletrac, which is backed by Vector Capital, provides fleet management devices and systems to long haul, local, service and delivery fleets. Teletrac plans to use the proceeds to refinance senior debt, provide a dividend to the sponsor and to financing ongoing working capital requirements.
Local marketing strategy provider Ketchum Directory Advertising has acquired select assets of New York-based local search agency TMP Directional Marketing, as well as the closing of a senior secured credit facility with Wells Fargo Capital Finance. FocalPoint Securities acted as KDA’s exclusive financial advisor on both transactions. PRESS RELEASE Ketchum Directory Advertising Inc. (“KDA”) has […]
Los Angeles-based FastPay has raised an additional $25 million in funding. The funding is comprised of a senior credit facility from Wells Fargo Capital Finance and a subordinated debt and equity investment from SF Capital Group.
Access Point Financial has closed on a senior secured credit facility with Wells Fargo Capital Finance, part of Wells Fargo & Co. Stone Point Capital, a Greenwich, Conn. PE firm, has also made a “substantial” equity investment in Access Point, according to a statement. Access Point, formed by APF management and Stone Point, is a lender and advisory company focused on the hospitality industry.
Hercules Technology Growth Capital said Wednesday that it has received a commitment to renew its $300 million accordion credit facility. Wells Fargo Capital Finance and RBC Capital Markets have committed $100 million, according to a statement.