Private Equity
Golub Capital has provided $480 million in senior credit facilities to back Genstar Capital's acquisition of Drillinginfo. Austin-based Drillinginfo is a software, data and analytics platform for the energy value chain.
3 min read · 09 August 2018
Golub Capital has provided $450 million in senior credit facilities to back GI Partners' acquisitions of California Cryobank and Cord Blood Registry. The combined company will operate under the California Cryobank Life Sciences name. California Cryobank is a donor sperm and egg bank while Cord Blood Registry is a stem cell collection and storage company.
3 min read · 09 August 2018
New York City-based Churchill Asset Management, a provider of leading provider of senior and debt financing for middle market companies, has named Amit Bhatia, Jeff Rabaut and Tarek Srouji as principals and members of the firm's sponsor coverage team. The appointments are effective immediately. Previously, Bhatia worked most recently at Solar Capital Partners where he was a principal while Rabaut was at Sumitomo Mitsui Banking Corporation where he was a director on their sponsor origination team. And, Srouji worked at BNP Paribas where he served as a director in the firm’s merchant banking and loan syndication groups.
4 min read · 07 August 2018
Monroe Capital said Aug. 7 that it provided financing for Galen Partners’ majority recap of SMP Pharmacy Solutions. SMP, of Miami, is a specialty pharmacy that focuses on niche and complex therapeutic areas such as fertility.
2 min read · 07 August 2018
Antares has provided senior secured credit facilities to back Sverica's recapitalization of Irvine, California-based Synoptek, a managed IT services provider. No financial terms were disclosed.
3 min read · 06 August 2018
Churchill Asset Management has provided a $67 million credit facility to back GenNx360 Capital Partners' recapitalization of Franklin Park, Illinois-based Midwest Can, a maker of polyethylene portable fuel containers. No financial terms were disclosed.
2 min read · 01 August 2018
Thoma Bravo has raised almost $500 million for its debut credit fund, according to an SEC filing. The target is $750 million.
1 min read · 31 July 2018
Bridge Bank has provided senior debt funding to back Sole Source Capital's buyout of Trade Supplies, a Los Angeles-based distributor of non-perishable food service disposable items, packaging solutions and janitorial supplies. No financial terms were disclosed.
3 min read · 31 July 2018
Monroe Capital has provided a senior credit facility to support Digital Media Solutions' acquisition of W4, a Los Angeles-based digital performance advertising network. No financial terms were disclosed. DMS is backed by Toronto-based private equity firm Clairvest Group Inc.
2 min read · 31 July 2018
Vida Capital has closed its second insurance credit fund at $886 million, beating its $750 million target. The limited partners of Vida Insurance Credit Opportunity Fund II include U.S. and global public pension plans, insurance companies, foundations, family offices and high-net worth individuals. Proskauer Rose LLP provided legal counsel on the fund's formation.
2 min read · 31 July 2018