Private Equity
Capital IP Investment Partners has made a debt investment in Redwood City, California-based GuideSpark, a provider of employee communication solutions. No financial terms were disclosed. The financing will be used for growth.
3 min read · 30 April 2018
Lucky Bucks, a portfolio company of Quantum International Income Corporation and operator of skill-based gaming terminals, closed a new credit facility to refinance the structured capital investment from Trive Capital and finance for future acquisitions. In 2016, Trive provided capital and partnered with Lucky Bucks.
3 min read · 18 April 2018
Overseas Private Investment Corp, the U.S. Government's development finance institution, made a $5 million loan to Mobius Motors Kenya, which makes vehicles in Africa designed for the region's roads and drivers. OPIC's $5 million loan is part of an $11 million financing package that includes New York-based PanAfrican Investment Co. Mobius is the only company making cars in Kenya and will use the OPIC loan to expand production. Specifically, it will use the financing to build a manufacturing facility near Nairobi. The company, which has made and sold 50 vehicles, plans to produce an additional 1,900 vehicles by 2019.
3 min read · 17 April 2018
Monroe Capital LLC provided a senior credit facility to support Frontenac's acquisition of TPC Training and Jade Learning. No financial terms were disclosed. TPC Training provides maintenance, repair, and operator training solutions while Jade Learning offers continuing education training for the electrical code, electrical safety and security alarm segments.
2 min read · 10 April 2018
Antares Capital has provided a senior secured credit facility to back Sentinel Capital Partners' acquisition of San Antonio, Texas-based UBEO, a provider of business technology products and services. No financial terms were disclosed.
2 min read · 09 April 2018
Blackstone's credit platform GSO Capital Partners has closed its third stressed/distressed fund at a hard cap of $7 billion.
1 min read · 05 April 2018
NXT Capital has provided a senior credit facility to back PNC Riverarch Capital's acquisition of Tranzonic. No financial terms were disclosed. Cleveland-based Tranzonic is a supplier of consumable maintenance, cleaning, safety and hygiene products.
2 min read · 04 April 2018
Monarch Private Capital, an Atlanta-based tax credit investment provider, has named Steve LeClere as director of LIHTC Development. Previously, LeClere worked at Tidwell Group where he was consulting principal.
3 min read · 04 April 2018
US Capital Partners has provided a $150 million revolving line of credit that's scalable to $200 million to an unnamed specialty jewelry in the U.S. The jewelry company is both an online and brick and mortar seller.
2 min read · 03 April 2018
Capital One N.A. Financial Sponsors Group has led a $65 million secured credit facility to support Stone Point Capital LLC's acquisition of Greenville South Carolina-based Grace Hill, a provider of online training, credentialing, and mystery shopping solutions for property managers. Capital One was the lead arranger and administrative agent for the transaction.
3 min read · 03 April 2018
