Private Equity
Monroe Capital LLC has increased its credit facility to support TRP Construction Group LLC's acquisition of St. Augustine, Florida-based Southern States Pavement Markings, a highway striping contractor. No financial terms were disclosed. TRP is a portfolio company of MSouth Equity Partners.
2 min read · 06 December 2018
Barings has provided a credit facility to back ECI Partners' acquisition of Moneypenny, a virtual receptionist. No financial terms were disclosed.
3 min read · 05 December 2018
Churchill Asset Management has named Marissa Short as vice president of finance and Robert Lin as vice president of operations. Previously, Short worked as a senior manager at Ernst and Young LLP's wealth and asset manage practice while Lin worked most recently at Ivy Hill Asset Management, a portfolio company of Ares Management.
3 min read · 05 December 2018
Starwood Capital Group has named Armin Rothauser to lead its transportation, infrastructure and energy lending business. Previously, he was a managing director at Deutsche Bank where he ran its transportation, infrastructure, energy lending group.
3 min read · 05 December 2018
Yukon Partners said Dec. 4 that it supporting Sentinel Capital Partners’s investment in Apex Cos, a water resources, environmental services, and industrial hygiene firm. The deal was announced in November. Dorsey & Whitney LLP served as legal counsel to Yukon.
3 min read · 04 December 2018
Churchill Asset Management has provided a $185 million senior secured credit facility to back Stone Point Capital's acquisition of Eliassen Group LLC. Based in Reading, Massachusetts, Eliassen is a strategic consulting and talent solutions firm.
3 min read · 03 December 2018
Abacus Finance Group has provided $17 million in senior debt financing to back Altus Capital Partners' acquisition of Knoxville, Tennessee-based ChoiceSpine, a spinal device company. Abacus served as administrative agent and sole lender on the financing.
3 min read · 03 December 2018
Carlyle Group said Dec. 3 that it second business development company raised a total of $1.9 billion. The BDC, part of Carlyle’s U.S. direct lending platform, lends to companies that are backed by U.S. middle market private equity firms.
1 min read · 03 December 2018
Los Angeles-based Crescent Capital Group LP, an alternative credit investment firm, has closed its second direct lending fund at about $1.6 billion, beating its approximate $600 million target. CDL Fund II's backers include pension funds, insurance companies, financial institutions, foundations and endowments.
3 min read · 29 November 2018
Monroe Capital LLC said Nov. 29 that it provided a loan to back the growth and expansion of TooJay’s Restaurant, an existing portfolio company of Branford Castle Inc and Brookside Equity Partners. Financial terms weren't announced. TooJay’s, of West Palm Beach, Florida, is a chain of restaurants serving New York-style deli specialties.
2 min read · 29 November 2018
