Private Equity
BlackGold Capital Management LP, an energy-focused private credit investment firm, has acquired a portfolio of overriding royalty interests in Ohio's Utica shale. No financial terms were disclosed. BlackGold is backed by KKR.
2 min read · 29 March 2019
Monroe Capital LLC said March 28 that it increased its loan to ProPharma Group, which is buying The Weinberg Group Inc and Southwood Research. ProPharma is a portfolio company of Linden Capital Partners.
2 min read · 28 March 2019
Breakaway Capital has provided a $14 million loan to People's Care Holdings Inc to refinance their existing debt. People’s Care, of Chino Hills, California, provides specialized care services to adults and children with intellectual and developmental disabilities, as well as to seniors and other individuals with unique care needs.
1 min read · 26 March 2019
MedMen Enterprises Inc said March 22 that it is receiving a $250 million credit facility from Gotham Green Partners. MedMen, a cannabis retailer, said it will use net proceeds from the loan to fund future capital needs of the business.
9 min read · 25 March 2019
Great Rock Capital hired Tom Keefe as vice president of the portfolio based in Westport, Conn. Keefe will be responsible for managing customer relationships and analyzing performance of the firm's growing portfolio. Keefe joined from CIT Group, where he was most recently director in the portfolio group.
2 min read · 21 March 2019
365 Data Center said March 20 that it refinanced its existing debt and secured additional debt financing from Antares, TD Securities, and ING Capital LLC. It also received add-on equity funding commitments from current investors. Chirisa Investments, Lumerity Capital LLC and Longboat Advisors LLC acquired 365 Data in 2017.
4 min read · 20 March 2019
TPG Sixth Street Partners has committed $175 million to the development of Sunseeker Resorts Charlotte Harbor, Allegiant Travel Co's planned resort in the Charlotte County / Punta Gorda area in southwest Florida. The commitment represents the first in a potential $1 billion partnership to develop the Sunseeker Resorts imprint.
4 min read · 18 March 2019
Wellfleet Credit Partners, the credit business of Littlejohn & Co, said March 18 that Wellfleet CLO X closed on $314.8 million. Wellfleet has approximately $4.2 billion in assets under management.
2 min read · 18 March 2019
Capital One led the unitranche financing of Excellere Partners's recapitalization of SePRO, a specialty chemicals producer, in connection with company management. HPS Investment Partners co-invested alongside Capital One.
3 min read · 18 March 2019
Vista Credit Partners has led a $175 million recapitalization for San Francisco-based Meltwater, a provider of media intelligence solutions. VCP is the credit-lending arm of Vista Equity Partners.
4 min read · 14 March 2019
