Connie Loizos

Publicly traded PFSweb, a Plano, Texas-based company that builds and operates websites for retailers, has renewed its $12.5 million asset-based financing facility with Comerica Bank. The agreement, which extends through March 2014, features terms consistent with those it’s currently enjoying. PRESS RELEASE: PFSweb, Inc. (Nasdaq: PFSW), an international provider of end-to-end eCommerce solutions, announced today […]

Preventia, a Nevada-based electronic trading and financial products business, has signed an agreement with the New York-based investment firm Magna Group that allows for equity financing of up to $10 million. Over time, Preventia can issue and sell a number of its over-the-counter shares of common stock up to $10 million to Magna. PRESS RELEASE: […]

McWane Technology, a maker of ductile iron pipe, valves, hydrants, and fittings that is based in BIrmingham, Ala., has acquired a majority interest in Nighthawk, a Dallas-based smart grid design company. Terms of the deal were not disclosed. PRESS RELEASE: Nighthawk, a leading wireless smart grid solutions provider, announced today that McWane Technology, LLC, an affiliate […]

Pressure Cylinders, a division of Columbus, Oh.-based Worthington Industries, has acquired Westerman Companies — a maker of tanks and pressure vessels for the oil and gas, nuclear and marine markets — for $70 million. Worthington is publicly traded. It’s using $6 million of the purchase price to pay down Westerman debt. PRESS RELEASE: Worthington Industries, […]

Horizon Technology Finance, a publicly traded specialty finance company in Farmington, Conn., has closed a $7 million venture loan to SolarBridge, an Austin, Texas-based maker of photovoltaic miroinverter modules. PRESS RELEASE: Horizon Technology Finance Corporation HRZN +0.19% (“Horizon”), a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage […]

London-based H.I.G. Whitehorse has brought aboard as a managing director Haseeb Aziz. Aziz was formerly a partner at Hutton Collins Partners, a subordinated debt and preferred equity fund manager. H.I.G. Whitehorse is the credit arm of H.I.G. Capital, which specializes in providing debt capital to middle market companies in Europe and the U.S. PRESS RELEASE: […]

The New York-based Quirky, a three-year-old product development company that relies on the wisdom of crowds, has raised $68 million in Series C funding led by Andreessen Horowitz, with “significant participation” from new investor Kleiner Perkins Caufield & Byers. Previous investors Norwest Venture Partners and RRE Ventures also participated in the round, which has brought […]

Gordon Brothers Group, the Boston-based advisory, restructuring and investment firm, has hired Patrick Dalton as president of the debt investment group of its investment management affiliate, GB Merchant Partners. Dalton comes to the company from Apollo Investment Corp., where he was president and CEO and CIO. PRESS RELEASE: Gordon Brothers Group announced today that Patrick […]

Midlands, Texas-based Legacy Reserves has appointed Dan Westcott as Executive VP and CFO, effective later this month. Westcott was previously a principal at GSO Capital Partners, a division of the Blackstone Group. Legacy Reserves is an independent oil and natural gas limited partnership that is focused on the acquisition and development of oil and natural gas […]

The New York-based boutique retail and consumer products investment bank Financo said Tuesday it received a capital investment from John Berg and Colin Welch and said Berg will take on the position of chief executive. Welch, who was previously CEO of Financo, will become the firm’s chief operating officer and chief executive of its European operations. […]