Private Equity
Antara Capital Master Fund LP is provided $50 million in financing to USA Technologies Inc. The deal includes $20 million in equity financing and $30 million senior secured debt. USA Technologies is a cashless payments and software services company for the self-service retail market.
4 min read · 10 October 2019
Abacus Finance Group has provided $48 million in financing to back Westview Capital Partners' recapitalization of Receivable Solutions. Abacus was the administrative agent and co-lead arranger on the financing. Columbia, South Carolina-based Receivable Solutions LLC is a provider of revenue cycle management services to hospitals and health systems.
3 min read · 08 October 2019
Omnes said Oct. 8 that it invested in Biosyl. Financial terms weren’t announced. Biosyl, of Nièvre, France, produces wood pellets for domestic stoves. The investment came from Omnes Mezzanis 3 fund.
2 min read · 08 October 2019
Churchill Asset Management has provided a $90 million credit facility to support New Mountain Capital's acquisition of emids. Based in Nashville, emids provides technology services and solutions for healthcare payers and providers.
2 min read · 07 October 2019
Goldman Sachs Specialty Lending Group has provided debt financing to support Hidden Harbor Capital Partners' acquisition of Wehner Multifamily, a property management company with more than 25,000 residential units under management across Texas and Oklahoma. Configure Partners was the financing adviser to Hidden Harbor on the debt financing. No financial terms were disclosed.
3 min read · 07 October 2019
Churchill Asset Management has provided a credit facility to back Sentinel Capital's recapitalization of West Chester, Pennsylvania-based New Era Technology, a provider of managed services and systems integration capabilities for IT solutions. No financial terms were disclosed.
2 min read · 04 October 2019
Hunt Real Estate Capital has provided a $6.98 million loan to refinance a multifamily property in El Paso, Texas. Headquartered in New York City, HREC is a multifamily property manager.
2 min read · 04 October 2019
Audax Private Debt has provided financing to back AVALT's recapitalization of Fairfield, New Jersey-based Ned Stevens, a provider of residential gutter cleaning and essential exterior home services. No financial terms were disclosed.
2 min read · 04 October 2019
ATB Financial has agreed to provide $5.7 million in financing to Canadian cannabis company Westleaf Inc. The capital infusion will be used for growth. Westleaf is focused on cannabis brands, extraction and production of derivatives and cannabis cultivation.
2 min read · 02 October 2019
Investment banks are struggling to raise $2 billion of debt to back Apollo Global Management’s buyout of Shutterfly Inc, the Wall Street Journal reported. Barclays, Citigroup and other banks Apollo hired for the sale agreed to buy up to $280 million of the financing themselves failing to find enough outside investors, the story said.
1 min read · 02 October 2019
