Private Equity
Avidbank Specialty Finance has provided $5.5 million in credit facilities to Envoy Group. The financing will be used for working capital. Based in Irvine, California, the Envoy Group is a full-service design and innovation consultancy.
2 min read · 10 July 2019
Wells Fargo Capital Finance has provided financing to Brooks Brothers, a clothing retailer and apparel brand. No financial terms were disclosed. The capital will be used for expansion and working capital.
3 min read · 09 July 2019
Comvest Credit Partners has provided a $50 million credit facility to PM Pediatrics Management Group LLC, a pediatric urgent care provider. The capital will be used to pay down certain existing debt and finance new clinic growth.
2 min read · 09 July 2019
American Century Investments has hired Jason Greenblath as vice president, senior portfolio manager and director of corporate credit research within the firm's global fixed income discipline. Previously, Greenblath worked at Aberdeen Standard Investments where he most recently was senior portfolio manager and head of U.S. investment grade credit.
2 min read · 09 July 2019
MidOcean Credit Partners has named Dana Carey as chief investment officer. Previously, he worked at Apollo Global Management where he was a partner in credit and global co-head of the performing credit business.
2 min read · 09 July 2019
Alantra Private Debt has provided financing to Foodbox, a Spanish restaurant franchising platform. No financial terms were disclosed. The capital will be used for growth. Also, an unidentified Spanish bank participated in the transaction.
2 min read · 09 July 2019
Tree Line has provided a credit facility to Park City, Utah-based Advice Media, a digital media company. No financial terms were disclosed. Intrepid Investment Bankers was the financial adviser to Advice Media on the transaction.
2 min read · 08 July 2019
Mosaic Real Estate Investors has provided BPM Real Estate Group with a $460 million construction loan for a Portland, Oregon-based mixed-use development. Construction is expected to be done in 2023.
3 min read · 08 July 2019
Abacus Finance Group has provided credit facilities to back Saw Mill Capital's recapitalization of Oak Brook, Illinois-based Let's Pave, a provider of parking lot maintenance and repair services to multi-location property owners through a network of local paving partners. No financial terms were disclosed.
3 min read · 08 July 2019
Churchill Asset Management has provided a $155 million senior credit facility to back Morgan Stanley Capital Partners' acquisition of Impact Fitness, a franchisor and operator of 29 Planet Fitness clubs. Churchill was the sole lead arranger on the financing.
2 min read · 03 July 2019