Private Equity
The Antares Bain Capital Complete Financing Solution, a joint venture between Antares and Bain Capital Credit, has provided a credit facility to support Bertram Capital's acquisition of Charlotte, North Carolina-based Flow Control Group, a specialty flow control and fluid handling distribution platform. No financial terms were disclosed.
3 min read · 05 February 2019
Ardian provided financing to back Carlyle's acquisition of SER Group, a German enterprise content management solutions software company.No financial terms were disclosed.
3 min read · 04 February 2019
Eldridge Industries has acquired a majority ownership stake in Chicago-based Maranon Capital LP after increasing its investment in the latter company. No financial terms were disclosed. Maranon is an investment firm focused on private credit investments in middle-market companies.
3 min read · 04 February 2019
New Energy Capital has raised $500 million for its second infrastructure credit fund, according to an SEC filing. Based in Hanover, New Hampshire, the firm invests in clean energy and infrastructure assets.
1 min read · 31 January 2019
PNC Bank has provided a $50 million credit facility to Wakarusa, Indiana-based C.A. Advanced, an electrical utility contractor. No financial terms were disclosed. The capital will be used to refinance debt, provide working capital and fund future capital expenditures.
2 min read · 30 January 2019
OrbiMed Advisors is seeking to raise $1.2 billion for its third royalty and credit opportunity fund, according to an SEC filing. OrbiMed invests in the healthcare industry.
1 min read · 30 January 2019
SNH Capital Partners said Jan. 29 that it completed a second recapitalization of portfolio company National Credit Center. Monroe Capital LLC provided the financing through an upsizing of its senior credit facility. NCC, of Las Vegas, provides data solutions to maximize automotive dealer performance.
3 min read · 29 January 2019
Silicon Valley-based AliveCor, which uses artificial intelligence to improve cardiac care, has secured a $20 million loan from Oxford Finance LLC. The capital will be used to provide additional working capital to support growth as well as research and development efforts.
3 min read · 28 January 2019
Crystal Financial has provided a $27.5 million credit facility for Milford, Massachusetts-based KPM Analytics, a provider of instrumentation solutions for food quality and safety, environmental and agriculture applications. The capital will be used to refinance debt as well as provide working capital and additional debt for future add-on acquisitions. KPM is backed by Union Park Capital.
3 min read · 24 January 2019
MB Business Capital, a division of MB Financial Bank, N.A., has provided an $8.97 million senior credit facility to Rancho Dominguez, California-based Total Transportation Services Inc, a delivery carrier from the Ports of Los Angeles and Long Beach. TTSI is a portfolio company of Saybrook Corporate Opportunity Funds.
2 min read · 23 January 2019
