Private Equity
Barings has provided a senior secured credit facility to back Greenbriar Equity Group and First Aviation Services Inc's acquisition of DART Aerospace, a provider of mission equipment and aftermarket components for the helicopter and fixed-wing industries. No financial terms were disclosed.
3 min read · 10 April 2019
Churchill Asset Management has provided a senior secured facility to back Centre Partners' acquisition of One World Fitness, owner and operator of fitness clubs under the Planet Fitness banner. No financial terms were disclosed. Churchill was the administrative agent and sole lead arranger on the financing.
2 min read · 09 April 2019
LibreMax Capital and TowerBrook Capital Partners have formed CAVU Investment Partners. The new company will invest in the equity tranches of new CLOs managed by Trimaran Advisors LLC, LibreMax's CLO management platform.
2 min read · 08 April 2019
DFG Investment Advisers Inc, an alternative credit asset manager, has named Oliver E. Wriedt as CEO. His appointment becomes effective immediately. Previously, he was co-CEO of CIFC Asset Management.
3 min read · 04 April 2019
Yukon Partners said April 4 that it made a mezzanine investment in Corsearch Inc, a portfolio company of Audax Private Equity. Financial terms weren’t announced. Corsearch, of New York, provides trademark and domain management services to corporate legal departments and law firms.
1 min read · 04 April 2019
Golub Capital has provided $315 million in financing to support the acquisition of Quick Base by Vista Equity Partners and Welsh, Carson, Anderson and Stowe. Based in Cambridge, Massachusetts, Quick Base is a provider of a low-code application development platform.
2 min read · 03 April 2019
Monroe Capital LLC said April 3 that it provided a loan to back Insignia Capital Group’s investment in MediaAlpha. Financial terms weren’t announced. MediaAlpha, of Los Angeles, is a marketing technology company.
2 min read · 03 April 2019
PNC Bank N.A. has named J.P. Seminario as national originations manager for PNC Business Credit's technology finance group. Previously, Seminario was managing director of western originations for PNCBC's technology finance group.
2 min read · 02 April 2019
LBC Credit Partners has provided loans to back Tilia's acquisition of Elgin, Illinois-based Proven Partners Group LLC, a manufacturer and packager of dried and powdered foods. No financial terms were disclosed. LBC was sole lender for the senior secured credit facilities.
2 min read · 02 April 2019
Ares Capital has increased its revolving credit facility from about $2.1 billion to about $3.4 billion. JP Morgan, Bank of America Merrill Lynch, SunTrust Robinson Humphrey, BMO Capital Markets, MUFG Bank, Ltd and Sumitomo Mitsui Banking Corporation led the facility whose maturity has been extended to March 2024.
2 min read · 02 April 2019
