Private Equity
US Capital Global has provided up to 10 million pounds in financing to UK-based Manifesto Holding, the parent company of various nightclubs. The capital will be used by Manifesto to back its acquisition plans in the hospitality sector.
3 min read · 25 February 2019
The Carlyle Group has appointed David Richman as managing director for the firm's direct lending business within its global credit platform. Previously, Richman worked at Guggenheim Partners where he was an originator for the firm's corporate credit group.
2 min read · 21 February 2019
PNC has provided a $140 million senior credit facility to back Ames Watson's acquisition of Indianapolis-based Lids Sports Group, a sports retailer. The capital will be used to partially finance the acquisition, fund capital expenditures and provide for ongoing working capital.
2 min read · 21 February 2019
Hunt Real Estate Capital has provided a $7 million bridge loan to a joint venture partnership comprised of CALCAP Real Estate Advisors and Greg Roderick, president and CEO of Frontier Management. The capital will be used to acquire Hawthorne Court, a seniors housing property in Phoenix, Arizona.
4 min read · 20 February 2019
Abacus Finance Group LLC said Feb. 20 that provided a loan to back LongueVue Capital’s buy of Select Express & Logistics. Financial terms weren’t announced. Select Express, of New York, provides “last mile” delivery services to a variety of retailers, e-commerce players, and businesses.
3 min read · 20 February 2019
Monroe Capital LLC said Feb. 20 that it provided a loan to back Vista Equity Partners $1.9 billion buy of Mindbody Inc. The deal was announced in December.
2 min read · 20 February 2019
MB Business Capital, a division of MB Financial Bank N.A.,has provided a $6.5 senior credit facility to Moxee, Washington-based Farwest, a maker of metal parts from flat to finish. MB Business Capital was the sole lender and administrative agent on the financing. Farwest is a portfolio company of OneAccord Capital.
2 min read · 19 February 2019
PNC has provided a $400 million senior credit facility for Pittsburgh-based retailer American Eagle Outfitters Inc. The capital will be used for general corporate purposes and working capital.
2 min read · 19 February 2019
Monroe Capital LLC said Feb. 19 that it provided a loan to back HaystackID’s buy of Etera Consulting. The deal was announced in January. Etera provides subscription and contracted eDiscovery services, relationships, and infrastructure. HaystackID is a portfolio company of Knox Capital Holdings.
2 min read · 19 February 2019
SWK Funding has agreed to provide a $20 million loan to Massachusetts-based Cheetah Medical, a provider of fluid management devices. The capital will be used to pay down existing debt and invest in sales and marketing efforts in the U.S.
3 min read · 14 February 2019
