Private Equity
Ardian has provided financing to refinance Evernex's existing debt. No financial terms were disclosed. A portfolio company of Carlyle Europe Technology Partners, Evernex is a provider of third-party maintenance services for IT infrastructures.
4 min read · 17 July 2018
Monroe Capital LLC has increased its credit facility to support Prototek Sheetmetal Fabrication's acquisition of Sunnyvale, California-based Hayes Manufacturing Services Inc, a provider of precision-machined plastic and metal components. No financial terms were disclosed. Prototek is backed by CORE Industrial Partners.
3 min read · 17 July 2018
TCF Capital Funding, a TCF National Bank unit, provided $14 million in financing to back Clearview Capital's acquisition of Mudlick Mail. Based in Acworth, Georgia, Mudlick Mail is a provider of direct mail and related marketing solutions for small and medium-sized businesses.
3 min read · 13 July 2018
New York City-based CBAM, an investment management firm, has raised $756 million for its collateralized loan obligation in which BAML was the lead arranger. CBAM is a portfolio company of Eldridge Industries.
2 min read · 13 July 2018
Farmington, Connecticut-based Horizon Technology Finance Corporation, a specialty finance company, has led a $15 million loan facility to New Signature, a consultancy that provides professional and managed services. New Signature is backed by Columbia Capital.
3 min read · 12 July 2018
MB Business Capital, a unit of MB Financial Bank, has provided a $10 million credit facility to Iselin, New Jersey-based Taylored Services LLC, a third-party logistics provider. Taylored is backed by Saybrook Capital.
2 min read · 12 July 2018
Monroe Capital LLC has increased its credit facility to back Corbett Technology Solutions Inc's acquisition of Virginia-based Communications Specialists Inc, a systems integration firm. No financial terms were disclosed. CTSI is a portfolio company of Tower Arch Capital.
2 min read · 10 July 2018
Rising pricing is creating a more challenging environment for large US buyout loans that were underwritten earlier this year, including a US$13.5bn loan and bond financing for Thomson Reuters Finance and Risk (F&R) unit and an US$8.05bn financing for physician services provider Envision Healthcare.
4 min read · 06 July 2018
Antares has provided $350 million in credit facilities to back Thoma Bravo's acquisition and merger of MeridianLink and CRIF Lending Solutions. Based in Costa Mesa, California, MeridianLink is a provider of enterprise business solutions for financial service organizations while CRIF Lending was a subsidiary of CRIF International, which specializes in the development and management of decision support systems.
3 min read · 06 July 2018
Värde Partners, Barclays and Guber Banca have jointly acquired a portfolio of non-performing loans originated by 53 cooperative banks, rural banks and popolari banks in Italy. The value of the portfolio is 1.397 billion euros. Centrale Credit & Real Estate Solutions, which is part of Cassa Centrale Banca Group, was an adviser, coordinating the sale process. Freshfields Bruckhaus Deringer LLP provided legal advice to Värde Partners, Barclays Bank Plc and Guber Banca on the deal while Banca IMI advised CCRES.
4 min read · 06 July 2018
