Private Equity
JMP Group, an investment banking and alternative asset management firm, has closed its collateralized loan obligation at $407.8 million. The CLO was backed by a portfolio of broadly syndicated leveraged loans. BNP Paribas was the initial buyer.
2 min read · 27 July 2018
OFS Capital and Ironwood Capital have provided debt funding to support a recapitalization of Los Angeles-based Performance Team, a third-party logistics and distribution provider. No financial terms were disclosed.
2 min read · 26 July 2018
Ardian has co-arranged financing of 50 million euros to back IK Investment Partners' acquisition of Mademoiselle Desserts. Currently employing 1,300 people across nine production facilities in France, the UK and the Netherlands, Mademoiselle Desserts is a maker of frozen industrial finished and semi-finished pastry in Europe.
3 min read · 26 July 2018
Great Rock Capital has provided a $12 million senior secured credit facility to Imperial Toy, a maker of toys. The capital will be used to increase Imperial Toy's business production and position it for growth.
2 min read · 25 July 2018
Brookside Mezzanine Partners has made an investment to back Centauri Health Solutions' acquisition of Phoenix, Arizona-based NHI Billing Services. No financial terms were disclosed.
1 min read · 24 July 2018
Sugar Land, Texas-based QuVa Pharma, a platform for sterile compounding pharmacy services, has secured up to $41 million in debt funding. The new term loan was funded jointly by Silicon Valley Bank and Oxford Finance LLC. QuVa is backed by Bain Capital Private Equity.
4 min read · 24 July 2018
Houlihan Lokey has formed HL Finance LLC, a syndicated leveraged finance platform. HL Finance will arrange senior secured leveraged loans for financial sponsor-backed private and public companies. Also, HPS Investment Partners has agreed to participate in the transactions and provide underwriting commitments of up to $1 billion.
3 min read · 23 July 2018
Crescent Capital Group LP has provided a loan to back Premium Equity Partners' acquisition of Clarus Films Group, a German reseller in the packaging and lamination film sector. No financial terms were disclosed.
3 min read · 23 July 2018
Horizon Technology Finance Corp has led a $10 million term loan facility for Pennsylvania-based MacuLogix, a medical device company in the optometry and ophthalmology industry. MacuLogix's backers include Roche Ventures, Fisk Ventures and Life Sciences Greenhouse of Central Pennsylvania.
3 min read · 19 July 2018
Churchill Asset Management has provided a senior secured credit facility to back Kramer Laboratories' acquisition of Nizoral, an anti-dandruff shampoo brand. No financial terms were disclosed. Kramer is a portfolio company of Avista Capital Partners.
2 min read · 18 July 2018
