Morae Global has refinanced its business with White Oak Commercial Finance. The new financing from White Oak provides improved operating flexibility and capital to support its growth strategy.
TriMas Corporation, together with its subsidiary Lamons, has acquired South Texas Bolt & Fitting, Inc. (STBF). STBF is a leading manufacturer of industrial bolts and fasteners for the oil field and other industrial markets. The acquisition positions Lamons as the premier manufacturer and distributor of gaskets and bolts for petroleum refining, petrochemical, and other industrial sectors. Seneca Partners serves as the exclusive financial advisor to TriMas Corporation.
NWP Services Corporation ("NWP") has acquired Sierra Utility Billing Services, a leading utility billing services company serving multifamily communities. The acquisition reinforces NWP's position as the leading provider of financial transaction processing services to the multi-family housing industry.