Private Equity
Barings has provided a credit facility to back Greenbriar Equity Group's acquisition of BDP International, a logistics provider of international ocean, air, and ground transportation services. No financial terms were disclosed.
3 min read · 22 January 2019
Utah-based tech startup Divvy has secured a $250 million facility from Waterfall Asset Management. The capital will be used for growth, working capital and to improve customer experience.
2 min read · 18 January 2019
Golub Capital provided 55 million pounds in financing to support PNC Riverarch Capital's recapitalization of London-based Pirtek, an operator of hydraulic hose replacements and related services. Golub was the administrative agent, sole lead arranger and sole bookrunner on the financing.
3 min read · 17 January 2019
Twin Brook, the middle market direct lending arm of Angelo Gordon, provided financing to support Blue Point Capital's acquisition of W.A. Kendall and Co, according to a source familiar with the transaction. No financial terms were disclosed. Based in Lawrenceville, Georgia, W.A. Kendall and Co. is a provider of vegetation management services to utility companies in the southeast U.S.
1 min read · 17 January 2019
Churchill Asset Management provided financing to back Leeds Equity Partners' investment in LRN Corporation, a provider of ethics and compliance education, learning technology, data analytics and strategic advice. Churchill was sole lead arranger on the financing.
1 min read · 16 January 2019
Wellfleet Credit Partners, Littlejohn & Co’s performing credit business, has promoted Dennis Talley and Scott McKay to managing directors. Also, Jeff Tynik has now become a senior credit analyst and trader. Both Talley and McKay joined Littlejohn in 2015. And, Tynik was first hired as a credit analyst by Littlejohn's performing credit team in 2015.
2 min read · 16 January 2019
Monroe Capital said Jan. 15 it provided a loan to support J.F. Lehman & Co’s buy of Inland Pipe Rehabilitation LLC. Financial terms weren’t announced. Inland Pipe Rehabilitation LLC provides trenchless pipe rehabilitation solutions and technology to the municipal wastewater and storm water markets.
2 min read · 15 January 2019
Monroe Capital has provided a senior credit facility to support J.F. Lehman & Company's acquisition of Inland Pipe Rehabilitation LLC, a provider of trenchless pipe rehabilitation solutions and technology for the municipal wastewater and storm water markets. No financial terms were disclosed. Monroe was the sole lead arranger and administrative agent on the financing.
2 min read · 15 January 2019
Stadco Inc, a maker of high-precision components and tooling for the commercial aerospace, defense, space, and industrial markets, has secured $13.35 million in financing. The backer was Five Crowns Credit Partners, which worked with Sunflower Bank to structure the financing package. The capital infusion will be used to refinance existing debt and provide additional working capital for growth.
3 min read · 14 January 2019
Metropolitan Partners Group Management, a direct lender, is providing up to $25 million in US Home Aggregation LLC, an acquirer and manager of single-family rental homes across targeted markets in the U.S. The capital will be used to expand Metropolitan's portfolio of homes.
3 min read · 14 January 2019
