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News Stories (537 Results) - Private Equity

Ares Management Corporation announced the final closing of Ares Private Credit Solutions II (“APCS II” or the “Fund”). APCS II was oversubscribed with $5.1 billion of commitments compared to its $4.0 billion target and is approximately 50% larger... Read Story
October 18, 2021, 08:00 AM


Kian Capital Partners, a middle-market focused private investment firm, announced that Ulrich Erasmus has joined the firm as a Vice President to support the firm’s continued growth. Ulrich will be based in Charlotte and work closely with Kian... Read Story
October 15, 2021, 07:06 AM


Antares Capital announced that Timothy Lyne, founding partner and current Chief Operating Officer (COO), will succeed David Brackett as Chief Executive Officer (CEO). Brackett announced that he will be retiring from his role as CEO on December 31... Read Story
October 12, 2021, 08:05 AM


FrontWell Capital Partners (“FrontWell”), a private credit fund that provides transitionary senior debt financing to middle-market companies in the United States and Canada, has added to its team two experienced professionals with expertise in... Read Story
October 07, 2021, 08:00 AM


According to a recent survey by Grant Thornton LLP, the majority of merger and acquisition (M&A) dealmakers expect a surge in deal volume, especially in the technology, retail, hospitality and insurance industries.For this survey of M&A professionals... Read Story
September 23, 2021, 08:04 AM


MPowered Capital an invesnt firm established to invest in best-in-class female and other underrepresented talent* in the alternative investment space, announced its official launch. MPowered was founded and will be led by Marcia Page, Co-Founder and... Read Story
September 21, 2021, 06:00 AM


Avante Capital Partners, a women-owned private credit and structured equity firm, announced the completion of a unitranche debt and equity investment in Genius SIS, LLC (“Genius”) to support a growth investment by Leeds Equity Partners (“Leeds... Read Story
September 20, 2021, 07:00 AM


Northern Trust Asset Management announced that Angelo Manioudakis has been named Chief Investment Officer for the global financial institution with more than $1.2 trillion in assets under management as of June 30, 2021. He will assume the position on... Read Story
September 17, 2021, 07:55 AM


Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Care Advantage by Searchlight Capital Partners (“Searchlight”), a New York-based private equity... Read Story
September 17, 2021, 07:28 AM


Sycamore Tree Capital Partners, a specialist asset manager with private and alternative credit investment expertise, announced that Paul Travers will join the firm as a Managing Director and Portfolio Manager, effective September 9, 2021. In this... Read Story
September 13, 2021, 07:09 AM


Ares Management Corporation announced today John Case, Ben Fox, Joel Tomlinson and Taejoon Chun have joined to expand Ares’ presence and activity in net lease and related investment opportunities. These additions reflect Ares’ view of the compelling... Read Story
September 07, 2021, 07:10 AM


Cerebro Capital, a commercial loan platform, released its Q2 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. Lenders saw increased demand for credit because of the booming M&A market and the improving economy... Read Story
September 03, 2021, 08:04 AM


Rothschild & Co announced that Bob Berry has joined its Global Advisory business in North America as a Managing Director in the Financial Sponsors Group. Mr. Berry brings more than three decades of investment banking and sponsor coverage experience... Read Story
September 01, 2021, 07:14 AM


TSG Consumer Partners promoted Alex Gilmore and Kelly Pease to Vice President. Mr. Gilmore and Ms. Pease are based in London and New York, respectively.“Alex and Kelly have made significant contributions evaluating new investment opportunities and... Read Story
August 30, 2021, 07:00 AM


PennantPark Investment Advisers announced that Pete Mitchell has joined the company as Managing Director, Head of Private Capital Fundraising. Mitchell will lead fundraising for PennantPark’s private vehicles as the firm continues to expand its... Read Story
August 26, 2021, 08:00 AM


Ares Commercial Finance (“ACF”) and WhiteHawk Capital Partners, LP ("WhiteHawk") provided a CAD$130 (US$103 million) senior facility to a company based in Western Canada specializing in crane and heavy haul services. The senior facility was... Read Story
August 17, 2021, 07:34 AM


Bruce Richards, Chairman & CEO, and Louis Hanover, CIO, together the co-managing Partners of Marathon Asset Management, a leading global credit investment manager, announced several management changes, including one senior departure and five senior... Read Story
August 11, 2021, 07:40 AM


J.P. Morgan Asset Management announced the expansion of its private credit platform and appointment of Vincent Lu and Brian Van Elslander as co-heads of the newly formed Global Performing Credit group. Mr. Lu and Mr. Van Elslander bring extensive... Read Story
August 10, 2021, 08:06 AM


Green Ivy Capital, an affiliate of Chicago Atlantic Advisers, funded a new $10 million senior secured term loan facility for Silverpeak Holdings, LLC, a vertically integrated operator in Colorado. The Term Loan will provide Silverpeak capital to... Read Story
August 05, 2021, 07:00 AM


Owl Rock Capital Corporation appointed Jonathan Lamm as its Chief Financial Officer and Chief Operating Officer, effective September 1, 2021."We were thrilled to have Jonathan join our team earlier this year as a senior member of ORCC's management... Read Story
August 04, 2021, 07:43 AM


Hercules Capital announced it originated more than $1.0 billion year-to-date in annual total debt and equity commitments for the fourth consecutive year."We could not be more pleased to achieve this milestone which is a testament to the strength... Read Story
August 02, 2021, 08:00 AM


Antares announced that it closed 139 transactions totaling almost $11 billion in financing commitments to middle market private equity-backed companies in the first half of 2021.“Antares’ performance in the first half of 2021 illustrates the... Read Story
July 30, 2021, 08:10 AM


Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $9.0 billion in... Read Story
July 30, 2021, 07:59 AM


H.I.G. Capital announced the formation of United Flow Technologies (“UFT”), a platform established to invest in the municipal and industrial water and wastewater market. H.I.G. has committed significant capital and resources to UFT to build a market... Read Story
July 26, 2021, 07:23 AM


Star Mountain Capital closed a $225 million asset-based leverage facility from top quality institutional investors led by ING Capital. The lending group consists of ING, CIT, TIAA Bank, Axos Bank, East West Bank, Georgia Banking Company and Customers... Read Story
July 23, 2021, 08:00 AM


Varagon Capital Partners is serving as Administrative Agent, Joint Arranger and Joint Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Any Hour Services (Any Hour).Founded in 1961, Any Hour is a market-leading home... Read Story
July 23, 2021, 07:11 AM


King Street Capital Management, a leading $20 billion global investment manager specializing in credit, has raised $1.2 billion for its inaugural Global Drawdown Fund (“GDF”) from existing and new investors, exceeding its $750 million target. GDF has... Read Story
July 23, 2021, 07:00 AM


Alterna Capital Solutions (ACS), a specialty and alternative financier to high-growth small businesses, will support deal origination for a lower middle market private equity fund controlled by its affiliate, Alterna Equity Partners (AEP). The fund... Read Story
July 20, 2021, 07:58 AM


H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $44 billion of equity capital under management, announced the closing of its latest direct lending strategy, H.I.G. WhiteHorse... Read Story
July 19, 2021, 08:11 AM


Oxford Financial Group, Ltd. announced the formation and funding of Mayfair Capital Partners (MCP), an in-house private equity investment team based in Carmel, Indiana and Minneapolis, Minnesota. The division has been seeded with approximately $500... Read Story
July 19, 2021, 08:00 AM


PGIM Private Capital provided nearly $6.5 billion of senior debt and junior capital to more than 100 middle-market companies and projects globally in the first half of 2021, marking the second largest first-half origination volume over the past... Read Story
July 16, 2021, 08:01 AM


Antares Capital announced that Jeffrey Stammen will join the firm as Managing Director, Head of Investor Coverage in Asset Management.Stammen will report directly to Vivek Mathew, Head of Asset Management and Funding, and lead the company’s efforts... Read Story
July 08, 2021, 07:48 AM


Marathon Asset Management closed a $155 million senior credit facility for Avenger Flight Group, a leading independent provider of enterprise flight training solutions to aviation clients worldwide. Marathon anchored the loan alongside three other... Read Story
July 07, 2021, 07:33 AM


Ares Management announced that funds managed by Ares have committed more than $1 billion of investments over the last six months in the sports, media and entertainment sector. Ares employs a global flexible private capital strategy that invests in... Read Story
June 30, 2021, 08:10 AM


H.I.G. Capital announced that its affiliate, H.I.G. Realty Partners, has originated a loan to finance the lease-up of 3880 N. Mission (the “Property”), a 39-acre, 1.5 million square foot site with 1.2 million square feet of distribution and warehouse... Read Story
June 29, 2021, 07:00 AM


BlackRock TCP Capital announced the extension of its SVCP Credit Facility by two years to May 6, 2026. Other amendments to the Facility terms include a reduction in the stated interest rate to LIBOR plus 1.75%, subject to certain borrowing base... Read Story
June 25, 2021, 07:14 AM


Palladium Equity Partners announced that Meahgan O'Grady has joined the firm as Director of Business Development, a newly-created position.In her new role, Ms. O'Grady will work with all of Palladium's deal teams on sourcing and origination... Read Story
June 23, 2021, 07:54 AM


Carver Bancorp, the holding company for Carver Federal Savings Bank ("Carver"), a certified Minority Depository Institution ("MDI"), and Bank of America closed a Senior Secured Social Impact Revolving Credit Facility with BlackRock's Alternative... Read Story
June 18, 2021, 07:33 AM


Apollo Global Management announced that entities, clients and funds managed by its affiliates (the “Apollo Funds”) have committed to invest up to $500 million in senior secured credit facilities originated by Victory Park Capital (“VPC”), a global... Read Story
June 15, 2021, 08:00 AM


Victory Capital Holdings announced that its wholly owned investment adviser, Victory Capital Management Inc., has established exclusive agreements with both Nasdaq and crypto-focused asset manager Hashdex Ltd. (“Hashdex”) in advance of plans to enter... Read Story
June 10, 2021, 07:40 AM


J.P. Morgan Asset Management announced the launch of J.P. Morgan Private Capital, which includes a new growth equity investment arm and an existing private debt business, committed to providing customized solutions for early and growth stage... Read Story
June 08, 2021, 07:56 AM


Ares Management Corporation announced that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the... Read Story
June 04, 2021, 06:14 AM


Churchill Asset Management has forged a strategic alliance with Hunter Point Capital, an independent investment firm focused on taking minority stakes in General Partners (GPs) targeting middle market private equity, credit, real estate and... Read Story
June 02, 2021, 07:30 AM


Hughes Hubbard & Reed announced that Scott Naturman has joined the firm as Corporate partner in the firm’s New York office. Naturman represents public and private companies and private equity firms in mergers and acquisitions, dispositions, corporate... Read Story
June 02, 2021, 07:07 AM


Raymond James hired Blake Otté as a managing director in its Financial Sponsors Investment Banking group. Based in New York City, Otté will help private equity (PE) firms leverage Raymond James’ industry insight, execution expertise and long-standing... Read Story
May 25, 2021, 07:54 AM


Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S. real estate investment advisory and distribution business (“Black Creek”), a leading real estate... Read Story
May 24, 2021, 07:34 AM


Cerberus Capital Management announced that Brian H. Hook has been appointed Vice Chairman of Cerberus Global Investments, LLC, an affiliate of Cerberus focused on international business and investment strategies.In this role, Mr. Hook will have a... Read Story
May 24, 2021, 07:30 AM


H.I.G. Capital completed a $225 million strategic minority investment into eHealth in the form of convertible preferred stock.Headquartered in Santa Clara, CA, eHealth operates a leading online marketplace offering consumers a broad choice of... Read Story
May 17, 2021, 06:00 AM


Accordion, a private equity-focused financial consulting and technology firm, has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm. Accordion has experienced tremendous organic growth... Read Story
May 13, 2021, 08:07 AM


Ares Management announced that a fund managed by its Private Equity Group has signed a purchase agreement to sell Farrow & Ball, a UK based manufacturer and retailer of premium paint and wallpaper, to Hempel Group. Terms of the transaction were not... Read Story
May 11, 2021, 07:10 AM


CIBC Innovation Banking provided financing solutions, including a Capital Call Line of Credit, to Maverix Private Equity (“Maverix”). The capital call facility provides Maverix with the flexibility to make investments in portfolio companies prior to... Read Story
May 10, 2021, 08:00 AM


Verizon and Apollo Global Management announced that funds managed by affiliates of Apollo entered into an agreement to acquire Verizon Media for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at close of the... Read Story
May 04, 2021, 08:10 AM


Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group closed approximately $3.6 billion in commitments across 45... Read Story
April 30, 2021, 08:00 AM


Arent Fox expanded its Corporate & Securities practice with the addition of business law partner Stephen P. Hanson in the firm’s New York office. For 25 years, Steve has represented clients in the areas of private equity, mergers and acquisitions... Read Story
April 30, 2021, 07:15 AM


Big Shoulders Capital Chairman David Muslin has announced an expanded itleadership team as the company plans for the next generation of growth. Joe Prudden has been promoted to President of the company from Chief Financial Officer, Alex Mazer is... Read Story
April 29, 2021, 07:43 AM


Palladium Equity Partners, a minority-owned, middle market private equity firm with nearly $3 billion in assets under management, announced that Deborah Gallegos has joined the firm as a Managing Director.Ms. Gallegos brings to Palladium 25 years of... Read Story
April 28, 2021, 07:30 AM


MidCap Financial raised more than $800 million of new equity from a diverse group of global investors that included Apollo clients, including Athene as well as pensions, sovereign wealth funds and other leading institutions.Proceeds from the raise... Read Story
April 23, 2021, 08:00 AM


Palladium Equity Partners announced that Erick Bronner has joined the firm as Managing Director of Fundraising and Investor Relations.Bronner will build and cultivate Palladium's relationships with investors and oversee the firm's capital raising and... Read Story
April 12, 2021, 05:19 AM


Palladium Equity Partners announced that Nancy A. Mitchell has been named Chief Administrative Officer, a newly-created position. Ms. Mitchell joins Palladium from O’Melveny & Myers LLP, where she was a Partner.Ms. Mitchell brings to Palladium a... Read Story
April 05, 2021, 07:15 AM


Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC, one of the... Read Story
April 01, 2021, 08:05 AM


Monroe Capital acted as sole lead arranger and administrative agent on the funding of a $120 million senior credit facility to support the recapitalization of an infusion therapy business by a private equity sponsor.The company is a provider of home... Read Story
April 01, 2021, 08:00 AM


Kudu Investment Management closed a $300 million credit facility with Massachusetts Mutual Life Insurance Company (MassMutual), a leading U.S. mutual life insurance company, to finance Kudu's growth initiatives.New York-based Kudu, backed by capital... Read Story
April 01, 2021, 07:25 AM


White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a senior credit facility for ViaQuest Holdings, Ltd. and affiliates to support the acquisition by Council Capital, a Nashville based private equity fund.... Read Story
March 31, 2021, 07:50 AM


Angelo, Gordon & Co. bolstered its structured credit team with the addition of two senior executives. Nicholas Smith, former Head of Non-Agency Residential Mortgage Trading and Asset-Backed Securities Trading at Bank of America Securities, has joined... Read Story
March 26, 2021, 08:12 AM


Slate Asset Management announced the acquisition of the Commercial Real Estate Business (“ACREG”) of Annaly Capital Management,(“Annaly”) for $2.33 billion.  The acquisition includes a portfolio of performing real estate loans, debt securities and... Read Story
March 26, 2021, 07:19 AM


Monroe Capital announced an increase in its credit facility to Mammoth Holdings, LLC (“Mammoth”) to support the acquisition of Lulu’s Express (“Lulu’s”). In October 2018, Mammoth partnered with Red Dog Equity LLC, an Atlanta-based private equity firm... Read Story
March 25, 2021, 08:00 AM


Hercules Capital announced that Hercules Adviser LLC (“Hercules Adviser”), a wholly-owned subsidiary of Hercules Capital, has successfully closed its inaugural institutional private credit fund.“We are very pleased to announce that Hercules Adviser... Read Story
March 25, 2021, 07:57 AM


Orangewood Partners announced the successful close of Orangewood Fund II, L.P. with more than $200 million in equity commitments as well as approximately $100 million in equity across other vehicles. Orangewood has more than $500 million of total... Read Story
March 25, 2021, 07:44 AM


Antares launched its fifth annual outlook survey, Compass 2021 presenting analysis of perspectives on the middle market from portfolio companies, private equity sponsors and investors.The report suggests confidence in the U.S. economy and private... Read Story
March 23, 2021, 07:42 AM


Oaktree Specialty Lending Corporation announced the closing of the previously announced merger with Oaktree Strategic Income Corporation (“OCSI”), with OCSL as the surviving company. Based on December 31, 2020 financial information, the combined... Read Story
March 22, 2021, 07:58 AM


Osceola Capital was named a 2021 TOP 50 PE Firm in The Middle Market. Osceola's inclusion on the TOP 50 PE list affirms its position as one of the leading private equity firms in the middle market. In naming Osceola to its list, the TOP 50 PE Firms... Read Story
March 19, 2021, 07:55 AM


Antares Capital Advisers LLC, a subsidiary of Antares Capital LP announced the closing of the reset of Antares CLO 2017-1, Ltd., originally a $2.1 billion CLO that was upsized to $2.3 billion as part of the transaction. The upsize brings the... Read Story
March 19, 2021, 07:15 AM


Mitsubishi UFJ Financial Group (MUFG) announced the hiring of three senior bankers to augment its coverage of private equity sponsor clients and its direct lending business. The bank has hired Michael Klein and Keith Murray as Managing Directors of... Read Story
March 17, 2021, 08:15 AM


Ares Management Corporation announced the final closing of its Ares Pathfinder Fund, L.P.. With $3.7 billion in total commitments closed, the Fund was significantly oversubscribed at its hard cap and exceeded its original target of $2.0... Read Story
March 16, 2021, 07:30 AM


Nolan Capital announced the addition of Austin Browning to its team. Browning will serve as a Managing Director focused on private equity, real estate and other investing activities of the firm. He will assist Nolan Capital in identifying new... Read Story
March 16, 2021, 07:24 AM


Wells Fargo has entered into a definitive agreement to sell Wells Fargo Asset Management (WFAM) to GTCR LLC and Reverence Capital Partners, L.P. This sale includes Wells Fargo Bank N.A.’s business of acting as trustee to its collective investment... Read Story
February 23, 2021, 08:20 AM


Churchill Asset Management announced promotions across the firm. Notably, Randy Schwimmer, Senior Managing Director, Head of Origination and Capital Markets, and Mathew Linett, Senior Managing Director, Head of Underwriting and Portfolio Management... Read Story
February 23, 2021, 07:20 AM


White Oak Global Advisors announced the firm, together with its affiliates, funded $2.7 billion in loans across 119 borrowers in 2020. As companies seek support, White Oak continued to meet the nuances of their client’s business needs through... Read Story
February 18, 2021, 08:00 AM


Ares Commercial Finance provided a senior secured revolving line of credit to support the acquisition of Continental Battery Company by H.I.G. Capital, LLC. Headquartered in Dallas, TX, Continental Battery is a distributor of aftermarket batteries... Read Story
February 18, 2021, 07:26 AM


Medical Equipment Manufacturer secured a new $195 million revolving credit facility from Global Private Equity Partners.Effective immediately, the new credit facility replaced the Company’s existing $70 million credit facility which was comprised of... Read Story
February 17, 2021, 07:40 AM


An indictment was unsealed on February 4, 2021 in federal court in Brooklyn charging three individuals affiliated with GPB Capital Holdings, LLC (“GPB”) with securities fraud, wire fraud and conspiracy. Defendants David Gentile, the founder, owner... Read Story
February 08, 2021, 08:00 AM


Gibraltar Business Capital (GBC) has created a reputation as the preferred ABL partner to private equity groups. When CriticalPoint Capital needed acquisition financing support, GBC was the natural fit. CriticalPoint Capital is a Los Angeles-based... Read Story
February 08, 2021, 05:00 AM


Ares Acquisition Corporation announced the closing of its initial public offering of 87,000,000 Class A ordinary shares at a price of $10.00 per share and the sale of an additional 13,000,000 Class A ordinary shares at $10.00 per share pursuant to... Read Story
February 05, 2021, 07:35 AM


LBC Credit Partners provided a senior secured credit facility to support LightBay Capital’s investment in Rancho Family Medical Group.The investment from LightBay will allow Rancho Family to invest in new and existing care centers, as well as... Read Story
February 03, 2021, 07:40 AM


Antares closed more than 220 transactions in 2020, issuing nearly $14 billion in financing commitments to middle market private equity-backed companies. In a record Q4, the firm closed 120 transactions with commitments of $9.3 billion, supporting the... Read Story
January 29, 2021, 07:38 AM


In the first in transaction of its ten-year anniversary, Abacus Finance Group announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for $26.3 million in senior secured credit facilities to support the... Read Story
January 19, 2021, 08:00 AM


Twin Brook Capital Partners, the middle market direct lending subsidiary of Angelo Gordon, announced that it committed over $925 million to private equity sponsors in support of healthcare transactions last year, completing 26 healthcare transactions... Read Story
January 14, 2021, 08:15 AM


CBIZ CMF, the private equity consulting practice of CBIZ, Inc. and a leading national advisor to the middle market, announces it will operate under the new brand name of CBIZ Private Equity Advisory.Having supported more than 300 private equity firms... Read Story
January 07, 2021, 07:47 AM


PitchBook released its 2021 US Private Equity Outlook, which details predictions for private equity (PE) activity and performance in 2021. This past year defied expectations for most investors and PE managers were no exception. Dealmaking nearly... Read Story
December 18, 2020, 08:30 AM


Antares served as lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of Logibec by Novacap.Headquartered in Montreal, Canada, Logibec is a Montreal-based healthcare software company.“The... Read Story
December 18, 2020, 07:51 AM


Liberty Hall Capital Partners, a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, announced the acquisition of Comply365 Holdings, Inc., a leading global provider of operational... Read Story
December 15, 2020, 07:00 AM


Carlson Capital, L.P., an alternative asset management firm, announced that it reached a strategic agreement with Jefferies Group LLC and structured credit investor Hildene Capital Management, LLC to support the new issuance of CLOs on Carlson’s... Read Story
December 11, 2020, 08:15 AM


In response to recent media coverage, Owl Rock Capital Group (“Owl Rock”) and Dyal Capital Partners (“Dyal”) today confirmed they are in discussions regarding a potential strategic combination.The potential combination would bring together two... Read Story
December 03, 2020, 08:30 AM


Stephen Toy, previously Founding Member and Co-Head of WL Ross & Co. LLC and Global Head of Private Equity at Invesco Private Capital; and Nadim Qureshi, previously Managing Partner and Head of Industrials and Chemicals at WL Ross & Co. LLC and... Read Story
November 24, 2020, 08:10 AM


Sumeru Equity Partners, a San Mateo, California-based private equity firm, closed Sumeru Equity Fund III, L.P., at $720 million.The fund received support from existing and new LPs, securing commitments from prominent institutional investors in North... Read Story
November 23, 2020, 08:00 AM


Mark Okada, Jack Yang, and Trey Parker Launch Value-Oriented, Durable-Alpha Asset Manager, Specializing in Private and Alternative Credit.Mark Okada, Jack Yang and Trey Parker, industry veterans and innovators in alternative credit investing, have... Read Story
November 20, 2020, 08:30 AM


Pike Street Capital, LLC, a Seattle-based private equity firm, has announced the closing of Pike Street Capital Partners, a $237 million fund that will focus on control investments in industrial technology businesses. Fund investors include leading... Read Story
November 20, 2020, 08:17 AM


Brightwood Capital Advisors, a leading private credit firm, announced the appointment of William W. Archer as Chief Credit Officer, a position he previously held from 2013 to 2015. In this role, he will oversee Brightwood's existing portfolio, as... Read Story
November 20, 2020, 08:15 AM


B. Riley Financial announced the launch of B. Riley Financial Sponsors Group. The team will focus on developing and maintaining relationships with alternative capital managers, including private equity firms, family offices, sovereign wealth, credit... Read Story
November 19, 2020, 08:30 AM


MUFG Union Bank announced that its Commercial Banking group acted as lead arranger for a recapitalization for software company NetMotion, optimizing the company's debt financing. NetMotion is a portfolio company of The Carlyle Group."With this... Read Story
November 19, 2020, 08:25 AM


HKW, an Indianapolis-based middle-market private equity firm, announced Rick Ammar has joined the firm as vice president. Mr. Ammar will serve in a senior role as part of HKW’s expanding technology efforts.“Rick’s track record of investing in... Read Story
November 12, 2020, 08:00 AM


BlackRock Capital Investment Corporation announced the appointments of Nik Singhal as President, effective November 3, 2020, and Abby Miller as Chief Financial Officer and Treasurer, to be effective as of November 9, 2020, at which time Michael... Read Story
November 05, 2020, 08:28 AM


Alvarez & Marsal (A&M) appointed Dallas-based Omar Mata a Managing Director in its Private Equity Performance Improvement group. Mata joins the group’s expanding CFO Services vertical, where he will focus on assisting organizations improve their... Read Story
October 29, 2020, 08:00 AM


Blue Wolf Capital Partners, a New York-based private equity firm, announced the expansion of its investment team with four strategic hires: Shashank Patel, Greg Singer, Ethan Cooper and David Meyers. Blue Wolf has also promoted Chief Financial... Read Story
October 23, 2020, 08:15 AM


Venture Capital (VC) and Private Equity (PE) firms may differ in many ways, but they share a similar predicament – increased pressure to cut legal costs as business revenue from M&A and fundraising declines, according to a new Apperio study entitled... Read Story
September 25, 2020, 09:05 AM


Nutanix, a leader in enterprise cloud computing, announced that Bain Capital Private Equity will make an investment of $750 million in Convertible Senior Notes to support the Company’s growth initiatives.“Bain Capital Private Equity has deep... Read Story
August 28, 2020, 07:00 AM


The COVID-19 pandemic has hit the North American commercial real estate market hard according to a report from Preqin. Private equity real estate (PERE) fundraising reached a peak in 2019, as funds secured $83 billion, and seemed to be set to match... Read Story
August 11, 2020, 09:00 AM


H.I.G. Capital ("H.I.G."), a leading alternative investment firm with $39 billion of equity capital under management, is pleased to announce that Timur Akazhanov has joined H.I.G. as a Managing Director of H.I.G. Capital’s Advantage Fund. Timur is... Read Story
July 30, 2020, 12:00 PM


ABL Advisor has launched a new video series featuring exclusive interviews with highly respected leaders from various disciplines of commercial finance, allowing them to share their professional and personal insights into the impact the coronavirus... Read Story
April 29, 2020, 09:00 AM


Pamlico Capital (“Pamlico”), a leading, lower middle market private equity firm focused on growth-oriented businesses, announced the first and final close of Pamlico Capital V (“PC V”) at the fund’s hard cap with total commitments of $1.4 billion. PC... Read Story
February 19, 2020, 08:10 AM


Shoreline Equity Partners, a private equity firm with a disciplined and collaborative approach to investing in U.S. lower middle market companies, announced its launch. Shoreline’s investment philosophy is focused on being an ideal partner to... Read Story
March 08, 2019, 08:00 AM


Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, announced the final closing of Genstar Capital Partners IX with $5.5 billion in... Read Story
February 25, 2019, 08:01 AM


Hitachi Solutions America, Ltd., a provider of global industry solutions powered by the Microsoft Cloud, has announced Engage for Asset Management and Engage for Private Equity – proven, purpose-built products re-engineered specifically for Microsoft... Read Story
February 14, 2019, 09:01 AM


Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Magneto & Diesel Injector Service, Inc. (M&D Distributors) by private equity sponsor, Warren... Read Story
February 05, 2019, 07:16 AM


Amid rising concerns about a downturn in the economic cycle, institutional investors are looking to mitigate risks by increasing allocations to private markets according to BlackRock’s annual survey of global institutions. Globally, over half (56%1)... Read Story
January 21, 2019, 08:21 AM


SSG Capital Advisors, LLC acted as the exclusive investment banker to American Fuel Cell and Coated Fabrics Company on its sale of substantially all of its assets to an affiliate of LB Advisors, LLC and Playa Capital Partners, LLC.  The sale was... Read Story
January 21, 2019, 07:11 AM


Mitsubishi UFJ Financial Group, Inc. (MUFG) announced that Scott McLallen has joined MUFG as a Managing Director in the bank’s Private Equity Sponsor coverage group.  Based in New York, he is scheduled to begin on January 14. McLallen will report... Read Story
January 15, 2019, 07:18 AM


The past 12 months marked the most active year ever recorded for private equity-backed buyout deal making, according to a new report from Preqin. There were 5,106 acquisitions announced in 2018, the fifth consecutive year in which the number of... Read Story
January 08, 2019, 07:50 AM


Twin Brook Capital Partners, the middle-market direct lending subsidiary of Angelo Gordon, announced that it has committed over $2 billion to private equity sponsors in support of healthcare sector transactions in the middle market, including over $1... Read Story
January 07, 2019, 07:47 AM


The stable sector outlook for global investment managers (IMs) in 2019 reflects growing scale and product diversity, which should provide a degree of cushion against multiple sector headwinds, Fitch Ratings says. However, traditional IMs may be more... Read Story
December 10, 2018, 07:11 AM


Healthcare-focused private equity is on the brink of a record year, according to new data from Preqin. Capital has flowed into the sector, with healthcare-focused private equity-backed buyout deals seeing year-on-year increases in aggregate deal... Read Story
December 06, 2018, 08:01 AM


The private equity sector can expect to see an expanding bidding war for top talent, according forthcoming research from Hunt Scanlon Media. Persistent global talent shortages across the C-suite are driving the trend, with nearly every industry and... Read Story
December 05, 2018, 07:06 AM


Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $56 million senior credit facility to support the recapitalization of Nova Wildcat Amerock LLC (Amerock) by a private equity sponsor. Founded in... Read Story
November 13, 2018, 07:08 AM


Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Lead Arranger for... Read Story
November 07, 2018, 08:00 AM


Global consulting firm AlixPartners announced that growth and transformation expert David Podolsky has joined the firm’s Private Equity & Investors practice as a Managing Director. He will be based out of AlixPartners’ Dallas office. Podolsky brings... Read Story
November 06, 2018, 07:02 AM


Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $45 million credit facility to existing client New State Capital Partners, a private equity firm specializing in middle-market investments. Proceeds from the facility... Read Story
October 31, 2018, 07:30 AM


CEPRES released their latest analysis of the North American Buyout market revealing the changing dynamics in pricing multiples and value creation post-GFC (Global Financial Crisis). By analyzing the 4,485 North America Buyout deals since 2009... Read Story
October 29, 2018, 07:07 AM


As part of its Future of Alternatives initiative, Preqin predicts that the alternative assets industry – comprising private capital and hedge funds – will reach $14tn in assets under management by 2023. The industry currently holds $8.8tn in assets... Read Story
October 24, 2018, 08:00 AM


Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition and future growth of Vereco Inc. by a private equity sponsor. Founded in 2011 and headquartered... Read Story
October 17, 2018, 07:00 AM


Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Lead Arranger for... Read Story
October 15, 2018, 07:00 AM


Following two quarters of lower private equity fundraising, Q3 activity has picked up, with 214 funds raising a total of $121 billion, Preqin reports. Analysts expect these  figures to rise by up to 10% as more information becomes available, but the... Read Story
October 05, 2018, 07:11 AM


Hyde Park Ventures, a private investment management company, announced the acquisition of 16 Five Guys franchises across New England making it the third largest Five Guys franchisee in the United States. In total, Hyde Park now owns 32 Five Guys... Read Story
September 19, 2018, 08:39 AM


Mason Wells announced that it has closed the acquisition of EastPoint Sports Ltd., LLC. EastPoint, a supplier of indoor and outdoor recreational sporting goods, was founded in 2009 by Mike Nally, a long-time industry veteran. The Company will be... Read Story
September 17, 2018, 07:05 AM


White Oak Global Advisors, LLC  announced the close of the White Oak Yield Spectrum Fund to outside investors. The Fund and other associated vehicles raised concurrently approximately $2.1 billion of total commitments, exceeding the $1.75 billion... Read Story
September 13, 2018, 08:01 AM


People's United Bank, N.A. a subsidiary of People's United Financial, Inc., has bolstered its commercial banking capabilities with the formation of Franchise Finance, Technology/Private Equity Finance and Not-For-Profit Finance teams. Three senior... Read Story
August 30, 2018, 08:01 AM


A flood of private equity investment into the institutional middle market has pushed the share of highly leveraged deals in the sector to record highs, with more lenders negotiating "borrower-friendly" deals that include lower spreads, looser... Read Story
June 25, 2018, 08:00 AM


Golden Gate Capital, a private equity investment firm, announced that it has established a new operating company, PSEB Group. PSEB will be composed of two Golden Gate portfolio companies: Eddie Bauer, LLC, an authentic outdoor brand offering... Read Story
June 11, 2018, 07:15 AM


CIT Group Inc. announced that it added a senior leader to its Sponsor Finance team in its Commercial Finance division responsible for pursuing new growth opportunities for financing middle-market private equity sponsor owned businesses. Thomas M.... Read Story
June 06, 2018, 07:30 AM


GrowGeneration Corp., one of the largest specialty retail hydroponic and organic gardening stores, announced that it has received $10 million from strategic investors, including a $7.5 million investment from Gotham Green Partners (GGP). GGP is a New... Read Story
May 10, 2018, 07:18 AM


BlackRock Inc. and Tennenbaum Capital Partners, LLC (TCP) announced a definitive agreement under which BlackRock will acquire TCP, a manager focused on middle market performing credit and special situation credit opportunities. The acquisition... Read Story
April 20, 2018, 07:13 AM


Private equity investment firm Veritas Capital and General Electric Co. announced an affiliate of Veritas has entered into a definitive agreement with GE to acquire the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory... Read Story
April 03, 2018, 08:01 AM


Record dry powder, a historically long economic expansion, tax reform and muted interest rates continue to drive record or near-record private equity (PE) buyout and exit activity, according to data analyzed by top 100 U.S. law firm Akerman LLP. The... Read Story
March 30, 2018, 07:24 AM


Private equity buyout funds are increasingly becoming involved in the information technology sector, particularly as some technology companies become larger and more mature, Preqin reported. Sixteen information technology-focused buyout funds closed... Read Story
March 15, 2018, 08:00 AM


Four attorneys known for their extensive transactional experience have joined Waller Lansden Dortch & Davis, LLP, the law firm announced today. Roddy Bailey, Pat Murphy, Jimar Sanders and Nathan Hertzog focus on middle market transactions involving... Read Story
March 02, 2018, 07:15 AM


Stonegate Capital announced that it has hired Garett Figueroa as a Vice President in its Chicago office.   “At Stonegate we pride ourselves on bringing debt structuring sophistication to the lower middle market,” said Andrea Hedrick, Stonegate’s... Read Story
February 14, 2018, 07:10 AM


Capital One announced that Stephanie Perry has joined its Financial Sponsors Group for developing and maintaining relationships with private equity firms and originating and evaluating new lending opportunities, including first lien, second lien and... Read Story
February 06, 2018, 07:20 AM


Thomson Reuters announced that it has signed a definitive agreement to enter into a strategic partnership with Blackstone. As part of the transaction, Thomson Reuters will sell a 55% majority stake in its F&R business to private equity funds managed... Read Story
January 31, 2018, 07:45 AM


Sentinel Capital Partners, a private equity firm that invests in promising lower middle market companies, announced the simultaneous first and final closings of Sentinel Capital Partners VI, L.P. at $2.15 billion and Sentinel Junior Capital I, L.P.... Read Story
January 26, 2018, 07:10 AM


Global alternative asset manager The Carlyle Group announced that Matthew Savino has joined the firm as a Managing Director and Head of U.S. Capital Markets within the Global Capital Markets team. Savino comes to Carlyle from BlackRock, Inc. where he... Read Story
December 20, 2017, 08:01 AM


Global alternative asset manager The Carlyle Group announced that Inoki Suarez has joined the firm as Managing Director for the firm’s Private Credit business within the Global Credit platform. Suarez joined last month and is based in New York.  In... Read Story
December 18, 2017, 08:00 AM


DLA Piper announced that Adam Ghander has joined the firm's Corporate practice as a partner in Boston. Ghander focuses his practice on mergers and acquisitions, private equity and early stage investment, securities, and corporate governance matters.... Read Story
December 12, 2017, 07:27 AM


Lending to U.S. private equity-owned companies hit a record high in November, with the bulk of the surge in new capital attributed to increased refinancing and repricing activity, according to Thomson Reuters LPC data. Refi and repricing deals... Read Story
December 05, 2017, 08:00 AM


Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Reapit Ltd. by private equity sponsor Accel-KKR LLC. Reapit is the largest CRM and Client... Read Story
November 16, 2017, 07:23 AM


Cortland Capital Market Services LLC, a global investment servicing company, announced that it has entered into an agreement under which it will be acquired by Alter Domus Group, a provider of fund administration and corporate services dedicated to... Read Story
November 16, 2017, 07:03 AM


After setting records in 2016, lower-middle-market (LMM) investors have taken a backseat in 2017, while upper middle market investors chase larger deals, according to PitchBook's 3Q US PE Middle Market Report.U.S. middle-market private equity... Read Story
November 15, 2017, 07:35 AM


Driven by robust Venture Capital (VC) funding, an increase in deal value, and strong performance by the Private Equity sector, investments in U.S. fintech companies nearly doubled during Q3 ’17 to $5 billion, up from $2.6 billion in Q2 ’17, according... Read Story
November 08, 2017, 07:27 AM


The Carlyle Group, the venerable private equity and alternative investment giant founded in 1987 in Washington D.C., announced that founders David Rubenstein and Bill Conway are stepping down as co-chief executive officers, effective January 1, 2018... Read Story
October 31, 2017, 07:35 AM


Authentic Brands Group (ABG), owner of a portfolio of iconic and world-renowned brands, including Juicy Couture, Jones New York and Aéropostale, announced that General Atlantic, a global growth equity firm, has made a strategic investment in the... Read Story
October 31, 2017, 07:28 AM


LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, provided a secured global term loan facility to support the acquisition of Hufcor, Inc. by OpenGate Capital, a Los Angeles-based private equity firm.LBC served... Read Story
October 17, 2017, 07:00 AM


iCapital Network, the financial technology platform democratizing alternative investments for high-net-worth (HNW) individuals and their advisors, announced it has entered into a definitive purchase agreement to acquire the US Private Equity Access... Read Story
September 25, 2017, 07:11 AM


Waud Capital Partners, a Chicago, IL-based growth-oriented middle market private equity firm, has entered into a partnership with Vincent Bradley, a healthcare industry executive, to pursue investments in the multi-site healthcare industry.Waud... Read Story
September 22, 2017, 07:07 AM


PineBridge Investments announced that it will launch a new direct lending business, focusing primarily on U.S.-based middle market companies seeking capital for growth, acquisitions, leveraged buyouts and recapitalizations. The company has hired... Read Story
August 29, 2017, 08:00 AM


Gryphon Investors, a San Francisco-based private equity firm, announced that it held a first and final closing of Gryphon Mezzanine Partners, L.P. at its cap of $100 million of aggregate commitments, excluding the GP commitment. The Fund was... Read Story
August 24, 2017, 07:13 AM


Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Sole Lead Arranger... Read Story
August 01, 2017, 07:05 AM


Data from the first six months of the 2017 show a strong deal appetite despite a highly complex and challenging M&A market and increasing intervention in deals by governments and regulators, according to a new report from EY. Analysts attribute the... Read Story
July 28, 2017, 07:50 AM


EPIC Insurance Brokers & Consultants, a retail property, casualty insurance brokerage, and employee benefits consultant, announced today that private equity firm Oak Hill Capital Partners (Oak Hill) has agreed to acquire all of The Carlyle Group's... Read Story
July 28, 2017, 07:00 AM


NXT Capital announced that it has provided a $31.5 million senior secured credit facility to support River Associates Investments’ and Premier Parking’s management team’s acquisition of Premier Parking.   NXT Capital acted as the Sole Lead Arranger... Read Story
July 27, 2017, 07:00 AM


WebMD Health Corp. and Internet Brands, a KKR portfolio company, announced that Internet Brands has entered into a definitive agreement to acquire WebMD in a transaction valued at approximately $2.8 billion. Under the terms of the agreement, a... Read Story
July 26, 2017, 02:30 PM


Optimism over the Trump Administration's ability to positively impact private equity's ability to raise new capital has fizzled since the President's inauguration, a new poll finds. According to ACG New York's Mid-Year Middle-Market Survey, 52... Read Story
July 26, 2017, 08:00 AM


The private equity-backed buyout deals market saw some signs of recovery in the second quarter of 2017, as 1,001 deals were announced worth an aggregate $83 billion, according to Preqin.  The research firm expects these figures to rise by around 5%... Read Story
July 11, 2017, 07:38 AM


Stellex Capital Management, a middle market private equity firm with offices in New York and London, announced the successful closing of its debut fund, Stellex Capital Partners LP, with aggregate commitments of $870 million, exceeding the Fund’s... Read Story
July 07, 2017, 07:00 AM


Clearlake Capital Group, L.P. announced a definitive agreement to merge enterprise software providers Syncsort Incorporated and Vision Solutions, Inc. as well as the simultaneous sale of a significant ownership position in the combined company to... Read Story
July 06, 2017, 07:51 AM


HC Technologies, LLC, a Chicago-based principal trading firm with offices in New York City and London, announced the launch of its private equity arm, HC Private Investments (“HCPI”).  HCPI will make investments in lower-middle market manufacturing... Read Story
June 22, 2017, 07:10 AM


Alpine Investors, a San Francisco based private equity firm specializing in high growth, founder-owned, lower middle market companies in software and business services, announced the final closing of its sixth fund, Alpine Investors VI, LP, at its... Read Story
June 19, 2017, 07:06 AM


Analysts with Generational Equity, a mergers and acquisitions advisory firm for privately held businesses, are reporting an increasing demand for lower middle-market acquisitions by private equity firms.According to a survey by PitchBook, close to... Read Story
June 08, 2017, 07:12 AM


Kidd & Company, LLC, a family office investment firm focused on the middle market, together with McLarty Capital Partners, announced the recapitalization and merger of Advanced Distribution Solutions, Inc. (ADSI), Agile Network (Agile) and Pantechnik... Read Story
May 31, 2017, 07:01 AM


Citizens Bank announced that Citizens Commercial Banking has closed a new $450 million asset-based revolver to support a recapitalization of PRO Unlimited by Harvest Partners, a leading middle-market private equity firm, and Investcorp, a global... Read Story
May 10, 2017, 07:23 AM


Consensus Capital Holdings, a newly-formed Grand Rapids, Mich.-based private investment and management firm, has officially launched. Leveraging the investment experience of its managing partners, Michael Brom and Jason Byrd, the firm provides... Read Story
May 03, 2017, 07:16 AM


U.S. venture capital (VC) investment in fintech companies rose to $1.2 billion in Q1’17, driven by late-stage deals, which reached the highest activity since Q1’16, according to KPMG International’s Q1 2017 The Pulse of Fintech report. Non-VC fintech... Read Story
April 28, 2017, 07:45 AM


A Capital One survey of investors, capital providers and advisors found that 96 percent of respondents believe economic conditions are “better” or “the same” as last year, signaling widespread optimism and opportunities among professionals.Capital... Read Story
April 26, 2017, 07:43 AM


Private equity firm Energy Impact Partners (EIP) announced that it has established a credit group to support U.S.-based small and middle-market businesses, with a specific focus on energy impact-related investments. The group will primarily offer... Read Story
April 05, 2017, 07:12 AM


Growth Catalyst Partners, LLC announced its formation as a new middle market private equity firm. GCP’s founders are Jim TenBroek, former Managing Director at Wind Point Partners and Scott Peters, former Co-President of The Jordan, Edmiston Group... Read Story
April 04, 2017, 07:27 AM


Genstar Capital, a middle-market private equity firm focused on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, announced the final closing of Genstar Capital Partners VIII with... Read Story
March 27, 2017, 07:01 AM


Oak Hill Capital Partners announced that it has entered into a definitive agreement to acquire Checkers Drive-In Restaurants, Inc. from Sentinel Capital Partners. Operating under the Checkers and Rally's banners, the Company is one of the nation's... Read Story
March 24, 2017, 07:10 AM


Marlin Equity Partners, a global investment firm, announced the first and final closings of Marlin Equity V, L.P. (Fund V), with $2.5 billion of capital commitments, and Marlin Heritage II, L.P. (Heritage II), with $750 million of capital commitments... Read Story
March 22, 2017, 07:50 AM


Private equity fund managers targeting the middle market are experiencing increased competition for deal opportunities, a new report from Prequin finds.According to Preqin’s Private Equity Fund Manager Outlook for the first half of 2017, robust... Read Story
February 27, 2017, 07:17 AM


Private equity fund managers targeting the middle market are experiencing increased competition for deal opportunities, a new report from Prequin finds.According to Preqin’s Private Equity Fund Manager Outlook for the first half of 2017, robust... Read Story
February 14, 2017, 07:00 AM


BC Partners, a leading international private equity firm, announced the creation of BC Partners Credit, a new credit platform. Ted Goldthorpe, former President of Apollo Investment Corporation and head of its U.S. Opportunistic platform, has been... Read Story
February 10, 2017, 08:14 AM


Monomoy Capital Partners, a private equity firm focused on value investing and business improvement in the middle market, announced that Ashley Johansen has joined the firm as a Managing Director and Head of Investor Relations and Fundraising. Ms.... Read Story
February 10, 2017, 07:00 AM


Gamut Capital Management, L.P., a New York-based middle market private equity firm, announced it successfully closed Gamut Investment Fund I, L.P. at $1 billion, exceeding the Fund’s $750 million target.Gamut’s flexible investment strategy... Read Story
January 05, 2017, 07:40 AM


MB Business Capital recently provided a new senior credit facility to Beloit, Wisconsin-based PlayMonster, LLC, formerly known as Patch Products. PlayMonster is a leading national manufacturer and marketer of family entertainment products... Read Story
December 07, 2016, 07:43 AM


Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $21.5 million senior term loan to support the recapitalization and future acquisitions of All Holding Company, LLC (“AHC”) by private equity... Read Story
December 06, 2016, 07:39 AM


Solace Capital Partners, a private equity firm focused on distressed-for-control and special situations investments in North America, announced the successful closing of its inaugural fund, Solace Capital Special Situations Fund, L.P. (the “Fund”) at... Read Story
December 06, 2016, 07:21 AM


NXT Capital announced that it has upsized the senior credit facility for Material Handling Services to $175 million to support the add-on acquisition of National Glass & Gate Service, Inc. Material Handling Services is a portfolio company of CI... Read Story
December 02, 2016, 07:36 AM


Fifth Street Finance Corp. announced that its Board of Directors has appointed Patrick J. Dalton as Chief Executive Officer and elected him as a member of the Board of Directors, effective January 2, 2017.  Dalton will succeed Todd G. Owens, who will... Read Story
November 30, 2016, 07:48 AM


MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9.32 million senior credit facility to Air Waves, LLC. Air Waves is a leading provider of on demand garment printing and fulfillment services. Air Waves... Read Story
November 29, 2016, 07:44 AM


Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support private equity sponsor Tower Arch Capital’s recapitalization of Corbett Technology Solutions, Inc. (“CTSI”) in... Read Story
November 29, 2016, 07:35 AM


Align Capital Partners announced it completed, in partnership with management, an investment in Alliance Source Testing, LLC, a leading provider of source emissions (or stack) testing services to industrial facilities in the United States. Terms of... Read Story
November 28, 2016, 07:28 AM


According to a recent survey by KPMG LLP, the audit, tax and advisory firm, U.S. merger and acquisition (M&A) activity is expected to remain steady in 2017, compared to deal levels of 2016. Of nearly 100 respondents to KPMG’s M&A Market Pulse survey... Read Story
November 23, 2016, 07:59 AM


Monroe Capital LLC was selected as the recipient of the 2016 Lender Firm of the Year Award by The M&A Advisor. Award winners were honored at the 15th Annual M&A Advisor Awards Gala held in New York City on November 9.Monroe Capital provides... Read Story
November 22, 2016, 07:43 AM


Pamlico Capital, a leading lower middle market private equity firm focused on growth oriented businesses, announced the first and final close of Pamlico Capital IV (“PC IV”) at the hard cap with total commitments of $910 million. PC IV raised its... Read Story
November 21, 2016, 07:55 AM


Antares Capital announced it is serving as administrative agent and lead arranger of $35 million in senior secured credit facilities to support the acquisition of Nuspire Networks (“Nuspire”) by ABRY Partners.Based in Detroit, MI, Nuspire is a... Read Story
November 18, 2016, 07:36 AM


Antares Capital is serving as administrative agent and lead arranger on a $300 million senior secured credit facility to support the acquisition of Systems Maintenance Services (“SMS”) by Partners Group on behalf of its clients.Founded in 1981 and... Read Story
November 16, 2016, 08:01 AM


Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support the continued growth of Hanna Andersson by a prestigious private equity sponsor.Founded in 1983 and based in Portland... Read Story
November 15, 2016, 07:33 AM


Getzler Henrich & Associates, one of the nation’s oldest turnaround firms, announced that David R. Campbell, Jr. has joined the firm to lead the Midwest region.  Campbell, who will be a managing director, will be based in the firm’s Chicago office at... Read Story
November 11, 2016, 07:40 AM


ParkerGale Capital, LP announced the close of its debut buyout fund. Exceeding its original target of $200 million, the fund closed at $240 million, with contributions from a balanced mix of family offices, pensions, managed accounts, endowments and... Read Story
November 10, 2016, 07:40 AM


The construction, consumer and retail, and healthcare industries were the most active in closing deals valued at $75 million or less in the third quarter of 2016, according to a new survey released by CMF Associates, private equity’s preferred... Read Story
November 08, 2016, 07:41 AM


TCF Capital Funding announced that it provided $17.5 million in secured financing to support HCI Equity Partners in its investment in The Delaney Hardware Co. (“Delaney” or the “Company”).Headquartered in Cumming, GA, and founded in 1992 by Michael... Read Story
November 07, 2016, 08:09 AM


Antares Capital is serving as administrative agent, joint lead arranger and joint bookrunner on a senior secured credit facility to support the acquisition of Franklin Energy (“Franklin”) by Kohlberg & Company, LLC (“Kohlberg”).Headquartered in Port... Read Story
November 07, 2016, 07:54 AM


KPS Capital Partners anounced its portfolio company Expera Specialty Solutions, LLC has completed its second successful recapitalization.  Expera raised $335 million of financing, including a $50 million senior secured revolving credit facility and a... Read Story
November 04, 2016, 07:51 AM


Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization and future growth of CarePlus Medical Corporation by private equity sponsors, Fulcrum Equity... Read Story
November 02, 2016, 07:16 AM


CIT Group Inc. announced that CIT Retail Finance served as sole lead arranger for a $35 million senior secured credit facility to support the equity investment made by private equity sponsor, Goode Partners LLC, in the acquisition of Forman Mills... Read Story
November 01, 2016, 07:14 AM


PNC Riverarch Capital announced an investment in Five Star Food Service, Inc. (“Five Star”), a leading provider of on-site food and beverage solutions to employers and other commercial, institutional, and educational locations across the Southeastern... Read Story
October 28, 2016, 07:23 AM


As part of its continuing leadership transition plan, Otterbourg P.C. has named Daniel Fiorillo head of the firm’s restructuring practice group as of January 1, 2017. Jonathan Helfat, who successfully led the group for more than 25 years, will be... Read Story
October 27, 2016, 07:40 AM


LBC Credit Partners provided a secured mezzanine loan to PPHC Holdings, Inc., a portfolio company of Milestone Partners. The proceeds were used to support the acquisition of Fleetwood Metal Industries, Inc.Founded in 1955, PPHC is a market leader in... Read Story
October 27, 2016, 07:21 AM


Neuberger Berman, a private, independent, employee-owned investment manager, announced NB Private Debt Fund II LP (the "Fund") closed on $750 million of limited partner commitments. The Fund seeks to invest in the junior debt of private equity-backed... Read Story
October 21, 2016, 07:41 AM


Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced the closing of Atlantic Street Capital III, LP ("Fund III") with $210 million of committed capital,  surpassing its... Read Story
October 19, 2016, 07:50 AM


Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a $32.5 million senior credit facility to support the equity investment made by private equity sponsor Goode Partners LLC in the acquisition of Forman... Read Story
October 18, 2016, 07:39 AM


Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced today that it served as administrative agent and sole lead arranger for... Read Story
October 18, 2016, 07:26 AM


Audax Group, a leading alternative asset management firm specializing in investments in North American middle market companies, announced the successful final close of Audax Senior Loan Fund III (“SLF III” or “the Fund”) at its hard cap of $500... Read Story
October 18, 2016, 07:03 AM


Churchill Asset Management announced that Leland Richards has joined the firm as a managing director. The appointment will be effective October 2016 and Richards will report to Senior Managing Director and Head of Origination and Capital Markets... Read Story
October 17, 2016, 07:58 AM


Citing a survey conducted by Harris Williams & Co, Bloomberg reports that mid-sized companies are becoming more open to selling themselves to private equity buyersBuyout firms were named as the preferred buyer by 38 percent more respondents than last... Read Story
October 14, 2016, 07:38 AM


TCF Capital Funding provided $7 million in secured financing in connection with an investment by Corridor Capital to support the expansion of Connecting Point Marketing Group, Inc.’s (“Connecting Point” or the “Company”) very successful Events... Read Story
October 10, 2016, 08:01 AM


Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced it served as administrative agent and sole lead arranger for a $21... Read Story
October 10, 2016, 07:53 AM


A survey of private equity executives at ACG's M&A East Conference (September 27-28) by CMF Associates, a leading provider of financial, operational, and human capital solutions to private equity, middle-market, and small cap public companies, found... Read Story
October 06, 2016, 07:36 AM


Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of ProPharma Group by private equity sponsor, Linden Capital Partners. Founded in 2001 and based in... Read Story
October 06, 2016, 07:21 AM


Centerview Partners, a leading independent investment banking and advisory firm, announced that Sean Carmody has joined the firm's New York office as a Partner in the financial services practice.  Carmody was most recently the head of Financial... Read Story
October 05, 2016, 06:56 AM


Bibby Financial Services, Inc. (BFS) announces it is providing a $5.5 million asset-based lending (ABL) facility to Sprout, a developer, marketer and distributor of premium organic foods. The financing will allow the company additional cash liquidity... Read Story
October 04, 2016, 07:44 AM


Monroe Capital announced it acted as syndication agent on the funding of a senior credit facility to support the acquisition of Oldenburg Group Inc.’s (“Oldenburg”) Heavy Equipment Group by private equity sponsor, J.F. Lehman & Company. Based in... Read Story
October 04, 2016, 07:30 AM


Santander has hired Charles J. Arrigo II as Senior Vice President in its Asset-Based Lending (ABL) group. Arrigo is based in Santander’s Miami office and is responsible for originating and managing asset-based credit facilities. ABL is a key growth... Read Story
September 27, 2016, 07:46 AM


Golub Capital announced that as administrative agent, sole lead arranger and joint bookrunner, it provided a GOLD financing to support GI Partners' recapitalization of Daxko, LLC. GOLD financings are Golub Capital's One-Loan Debt facilities.... Read Story
September 26, 2016, 07:29 AM


MB Business Capital recently provided a new $18 million senior credit facility to Angola, Indiana-based AAA Sales & Engineering, Inc. (“AAASE”). AAASE provides high precision production machining services that can be found in almost all modes of... Read Story
September 21, 2016, 07:34 AM


Align Capital Partners, LP announced the first and final close of its inaugural private equity investment fund, Align Capital Partners Fund I, LP and Align Capital Partners Fund I-A, LP (collectively, “ACP I”). Align began fundraising in June 2016... Read Story
September 19, 2016, 07:36 AM


CIT Healthcare Finance served as lead arranger and administrative agent for a $242 million senior secured credit facility to Jordan Health Services, one of the largest providers of home healthcare and hospice services in Texas and Oklahoma, with a... Read Story
September 16, 2016, 08:03 AM


Heritage Global Inc., a leader in distressed and surplus corporate and financial asset valuations and transactions, announced that Marc Swirsky has been appointed to serve in a dual leadership capacity for two company divisions. Swirsky will serve as... Read Story
September 15, 2016, 07:29 AM


FocalPoint Partners, LLC, a leading middle-market investment bank, announced the addition of Stephen Wrobel, Director of Business Development, to source new business opportunities for the firm. Wrobel becomes the latest addition to FocalPoint's... Read Story
September 12, 2016, 07:31 AM


Golub Capital announced that as administrative agent, sole lead arranger and sole bookrunner, it provided a GOLD financing and equity co-investment to Newfit, in conjunction with LNK Partners' investment in the business. GOLD financings are Golub... Read Story
September 09, 2016, 07:01 AM


Golden Gate Capital and Pacific Sunwear of California, Inc. and all of its subsidiaries announced today that Golden Gate Capital has completed its acquisition of PacSun, which concluded its restructuring after completing all required actions and... Read Story
September 08, 2016, 07:33 AM


Golub Capital announced that as administrative agent, sole bookrunner and sole lead arranger, it provided a $66.5 million GOLD financing to CenterOak Partners to finance its acquisition of Wetzel's Pretzels, LLC ("Wetzel's Pretzels"). GOLD financings... Read Story
September 07, 2016, 07:20 AM


Castanea Partners announced Tom First has joined the firm as an Operating Partner focusing on opportunities in the branded food and beverage sector. “We are thrilled that Tom will be joining our team,” said Brian Knez, Managing Partner of Castanea.... Read Story
September 06, 2016, 07:28 AM


BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset based finance solutions, announced it was sole lender for $20 million in senior credit facilities to Animart, LLC. Animart, LLC, a Goldner Hawn Johnson & Morrison... Read Story
August 31, 2016, 07:30 AM


A Reuters article notes higher company valuations and lenders wary of risky investments are pushing private equity firms to increase the size of equity contributions, or checks, for leveraged buyouts near historic highs in the face of fierce... Read Story
August 29, 2016, 08:02 AM


The Securities and Exchange Commission announced that four private equity fund advisers affiliated with Apollo Global Management have agreed to a $52.7 million settlement for misleading fund investors about fees and a loan agreement and failing to... Read Story
August 25, 2016, 07:43 AM


Antares Capital announced is serving as administrative agent and sole lead arranger on a $72 million senior secured credit facility to support the acquisition of Pathway Partners Vet Holding LLC (“Pathway”) by investment funds managed by Morgan... Read Story
August 25, 2016, 07:38 AM


PNC Bank, N.A. announced the closing of two credit packages totally $79.5 million for Rental Equipment Investment Company LLC (REIC), an equipment rental company based in Miami, Florida; and Total Plastics, Inc. (TPI), a leading distributor and... Read Story
August 24, 2016, 07:35 AM


Antares Capital announced it served as administrative agent, sole lead arranger and bookrunner on a senior secured credit facility to support the acquisition of SciQuest, Inc. by Accel-KKR.Based in Morrisville, NC, SciQuest, Inc., is a leading... Read Story
August 24, 2016, 07:11 AM


Monroe Capital LLC announced an increase in the credit facility to Cal Net Technology Group (“Cal Net”) to support the acquisition of inhouseIT, Inc. (“inhouseIT”). Cal Net is a portfolio company of Boathouse Capital and Olympic Valley Capital.Cal... Read Story
August 11, 2016, 07:35 AM


Bridge Bank announced provided a $3 million venture term loan facility to Atlanta-based QASymphony, a leader in agile testing software. QASymphony will use the credit facility to help finance its ongoing growth strategy, including expansion into the... Read Story
August 11, 2016, 07:26 AM


Veritas Financial Partners announced the closing of an $8.5 million credit facility for Stainless Foundry & Engineering Inc. (“SFE”) to refinance their existing senior debt and provide additional capital for an opportunistic transaction set to close... Read Story
August 10, 2016, 07:28 AM


Comvest Partners announced that Brad Nii has joined the firm as a managing director in Comvest's direct lending group, Comvest Capital. Based in Los Angeles, Nii will be responsible for originating, structuring and managing debt investment... Read Story
August 05, 2016, 08:11 AM


Capital Southwest Corporation provided a $13 million term loan to refinance existing first lien debt of Amware Fulfillment, LLC ("Amware"), a portfolio company of Rotunda Capital Partners. The transaction closed on July 29, 2016. Capital Southwest is... Read Story
August 03, 2016, 07:50 AM


Prospect Capital Corporation announced that Prospect has invested $65 million in first lien senior secured floating rate debt issued by Universal Turbine Parts, LLC (“UTP”) in conjunction with the acquisition of UTP led by ICV Partners, a... Read Story
July 29, 2016, 07:43 AM


The Citco Group of Companies (“Citco”) announced that it has launched Citco Capital Solutions, a capital advisory service that will focus on arranging debt and equity capital for sponsors and investors in alternative investment vehicles. Citco... Read Story
July 26, 2016, 07:09 AM


Antares Capital announced it is serving as administrative agent, lead arranger, and sole bookrunner on a senior secured credit facility to support the platform investment in Integrity Marketing Group, LLC (“Integrity”) by HGGC, and the concurrent... Read Story
July 21, 2016, 07:03 AM


TCF Capital Funding (TCFCF) provided $14.5 million in secured financing to support Wincove Private Holdings, LP in its recapitalization of Hygrade Components (“Hygrade Components” or the “Company”).  Headquartered in Bethlehem, PA, Hygrade is a... Read Story
June 23, 2016, 07:48 AM


MB Business Capital recently provided an $8 million senior credit facility to Plano, Texas based WM Coffman Resources, LLC (“Coffman”). Coffman is the market leader in the residential stair parts industry within the United States. They are a one-stop...