Private Equity
Investment bank Balmoral Advisors has appointed Stephen Wrobel as a managing director focused on dept capital markets and special situations. Wrobel's work background includes FocalPoint Partners and Z Capital Partners.
2 min read · 23 May 2018
Capitala Group, a provider of financing to lower and traditional middle-market companies, has opened an office in midtown Manhattan. The firm has also hired Kelly Stotler as director. Previously, Stotler was the managing director - head of loan originations for Czech Asset Management.
2 min read · 23 May 2018
McLarty Capital Partners has rebranded as The Firmament Group. According to the company, the name change "reflects the firm's evolution from an extension of the McLarty family office to a global investment platform focused on turning small business into big business." Firmament provides debt and equity capital solutions to small and medium-sized companies.
3 min read · 22 May 2018
Angelo Gordon's middle-market direct lending arm Twin Brook Capital Partners provided $105 million in financing to back Spire Capital's recapitalization of Lighthouse, according to a source familiar with the transaction. Twin Brook served as the sole lead arranger and administrative agent on the financing. Lighthouse is a provider of ediscovery and consulting services.
1 min read · 21 May 2018
Maranon Capital has provided a senior credit facility to back Comvest Partners' acquisition of Statesville, North Carolina-based Engage2Excel, a provider of employee recognition, sales incentives, talent acquisition and consumer loyalty solutions and services. No financial terms were disclosed.
1 min read · 18 May 2018
TCF Capital Funding has hired Sean Morrissey and Amanda Scott as senior associates. Also, the company, which is a division of TCF National Bank, a subsidiary of TCR Financial Corp, has hired Shondolyn Jackson as collateral analyst. TCF Capital Funding provides cash flow and asset-based lending to lower middle market businesses.
2 min read · 17 May 2018
Kennesaw, Georgia-based LendingPoint, a personal loan provider, has secured a $600 million credit facility from Guggenheim Securities, the investment banking and capital markets unit of Guggenheim Partners. Guggenheim Securities was the sole bookrunner on the facility while CBIZ MHM served as administrative agent and U.S. Bank National Association was the note agent and paying agent.
3 min read · 17 May 2018
Monroe Capital LLC has provided a $25.5 million credit facility to Atlas Sign Industries. The capital will be used to back its growth and expansion. Based in West Palm Beach, Florida, Atlas is a provider of brand implementation products and services for Fortune 500 companies.
2 min read · 17 May 2018
Second Avenue Capital Partners LLC has provided a credit facility to Tommie Copper, a copper-rich apparel and accessories brand. No financial terms were disclosed. The capital will be used for working capital and growth. Tommie Copper is backed by Tengram Capital Partners.
3 min read · 16 May 2018
Fundation Group LLC, a lender and credit solutions provider, has secured a $120 million credit facility from SunTrust Bank. Fundation is also backed by Waterfall Asset Management and is majority-owned by Garrison Investment Group.
2 min read · 16 May 2018
