FGI Worldwide, a leading provider of working capital financing and trade credit insurance solutions, announced it has been acquired by the Private Equity business within Goldman Sachs Alternatives. Over its 25-year history, FGI has established a strong reputation as a leader and innovator in asset-based lending and risk mitigation, specializing in multi-jurisdictional working capital solutions that support businesses with flexible financing to drive domestic and global expansion. The acquisition
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Bain Capital announced that its Private Credit Group acted as sole lender and administrative agent for a $225 million senior credit facility to Kids2, a global platform company that designs holistic solutions to help early-stage parents and families. The financing will support Kids2’s continued growth and global expansion.Headquartered in Atlanta, Georgia, with 12 offices around the world, Kids2’s diversified portfolio of brands - including Baby Einstein, Bright Starts, Ingenuity, and SwaddleMe
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Encina Private Credit (“EPC”) announced several strategic additions and promotions across its platform as the firm continues to expand its capabilities and support growing demand from sponsors, direct lenders, and management teams.The company welcomes the following new hires:
Jimmy Field – Senior Vice President, Capital Markets
Chris Keough – Vice President, Credit
Ray Ciraco – Assistant Vice President, Operations
Manja Wurschke - Financial Analyst
In addition, EPC announced the following
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Centra Funding (“Centra”), a leading provider of equipment financing solutions with financing solutions ranging from $10,000 to $5 million for small and medium-sized businesses, closed a new $175 million senior credit facility led by Capital One.The new facility will support Centra’s continued growth across its equipment vendor financing platform and its network of third-party originators, including brokers, discounters, and other funders. The credit facility provides additional liquidity and
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Polsinelli announced that Sean R. Crain has joined the firm as a shareholder in its Commercial Litigation Practice in Dallas. His arrival continues the firm’s expansion of the practice following the recent addition of Shareholder Joseph (Joe) R. Delehanty in Chicago.Crain represents companies in complex commercial litigation in state and federal courts across the country, focusing on high-stakes disputes in the commercial real estate, financial institutions, food and beverage and health care
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