FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Alcentra Capital Provides $12.9MM to Superior Controls, Inc.

April 11, 2016, 07:25 AM
Filed Under: Manufacturing

Alcentra Capital Corporation announced that it has provided $12.9 million of debt financing as well as an equity investment alongside DFW Capital Partners and the management of Superior Controls, Inc.

Founded in 1993 and headquartered in Seabrook, NH, Superior Controls is the Northeast's leading provider of mission-critical systems integration and automation services primarily to the fast-growing biotechnology industry.

Alcentra is an externally-managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Alcentra's investment objective is to generate both current income and capital appreciation primarily by making direct investments in lower middle-market companies in the form of subordinated debt and, to a lesser extent, senior debt and minority equity investments. Alcentra's investment activities are managed by its investment adviser, Alcentra NY, LLC.





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.