Private Equity
Twin Brook Capital Partners has provided undisclosed financing to support Huron Capital's recapitalization of Ronnoco Coffee, according to a source familiar with the transaction. Based in St. Louis, Missouri, Ronnoco is a maker of coffee, tea and related products.
1 min read · 25 June 2018
Fort Worth, Texas-based Crestline Investors Inc, a credit focused institutional alternative asset manager, has named Chris Semple a partner. Semple joined the firm in 2011 as a director and associate portfolio manager.
2 min read · 21 June 2018
AloStar Capital Finance has provided a $12 million loan to Contec, a testing and repair services company for the cable television industry. Contec is a portfolio company of the Garrison Investment Group.
2 min read · 21 June 2018
TCF Capital Funding, a division of TCF National Bank, has provided secured financing to back River Associates Investments' acquisition of Houston-based Quikserv, a maker of transaction window and drawer systems. No financial terms were disclosed.
3 min read · 21 June 2018
CIT Group Inc has provided a $26.6 million loan to a joint venture between Anchor Health Properties, MedProperties and CDC Realty. The capital will be used by the borrowers to buy Rockville, Maryland-based Shady Grove Professional Center, a property that consists of two adjoining medical buildings.
2 min read · 20 June 2018
PNC Bank has provided a $315 million senior secured credit facility to back JD Sports' acquisition of The Finish Line Inc, according to a spokesperson for PNC. Based in Indianapolis, The Finish Line is a retailer of athletic shoes, accessories and apparel.
1 min read · 18 June 2018
New York City-based CBAM, an investment management firm, has closed $1 billion collateralized loan obligation in which Goldman Sachs was the lead arranger. CBAM is a portfolio company of Eldridge Industries.
2 min read · 15 June 2018
A syndicate of nine financial institutions led by SunTrust Bank has agreed to provide a $200 million credit facility to WaterBridge Operating LLC, a subsidiary of WaterBridge Resources LLC. The capital will be used for general corporate purposes and to fund WaterBridge's investments in water infrastructure in the Permian Basin in West Texas and the Arkoma Basin in Southeast Oklahoma. A midstream company focused on the water management requirements of oil and gas producers, WaterBridge is backed by Five Point Capital Partners.
3 min read · 15 June 2018
Maranon Capital has provided a senior credit facility to back Falfurrias Capital Partners’ acquisition of Tax Guard. No financial terms were disclosed. Based in Boulder, Colorado, Tax Guard is a provider of data that helps give lenders insights into a client's hidden tax liabilities.
2 min read · 14 June 2018
Atlanta-based Atlanticus Holdings Corp, a consumer finance company, has secured a $100 million revolving credit facility from Credit Suisse AG, Cayman Islands Branch. The closing of this revolving credit facility comes on the heels of Atlanticus securing a $90 million revolving credit facility from TowerBrook Capital Partners.
2 min read · 14 June 2018