Private Equity
PPM America, an investment management firm, has closed its ninth CLO at $400 million. PPM CLO 3 is managed by PPM Loan Management Company LLC.
2 min read · 06 June 2019
Golub Capital has provided a credit facility to CloudSense, a provider of sales and delivery software solutions. No financial terms were disclosed. CloudSense is backed by Vector Capital. Golub was administrative agent and lead arranger on the financing.
3 min read · 05 June 2019
First National Bank has hired Martin McCormick as a managing director and head of FNB Mezzanine Finance. Previously, he was a managing director for Huntington Capital Investment Company.
3 min read · 05 June 2019
Wells Fargo Capital Finance has provided capital for Randa Accessories to acquire Haggar Clothing Co, an apparel company. No financial terms were disclosed. Wells Fargo Capital Finance is part of Wells Fargo Company.
3 min read · 04 June 2019
Agosto Holdings LLC has secured $6.5 million in financing from Bridge Bank and SG Credit Partners. Based in Minneapolis, Agosto is a cloud services and development company.
2 min read · 30 May 2019
Adams Street Partners has closed its inaugural private credit program at about $1.1 billion. The investors included public and corporate pension plans, insurance companies, foundations, family offices and high-net worth individuals.
2 min read · 29 May 2019
ForwardLine Financial, a small business direct lender, has secured a $100 million senior credit facility from Credit Suisse and Neuberger Berman. The capital will be used to support ForwardLine's growth.
2 min read · 29 May 2019
Churchill Asset Management has provided financing to back The Riverside Company's acquisition of Naturally Slim, a Dallas-based digital health platform focused on weight loss. No financial terms were disclosed. Churchill was the administrative agent and sole lead arranger on the credit facility.
2 min read · 28 May 2019
Antares has provided financing to back CenterOak Partners' merging of Service Champions and Moore Home Services. No financial terms were disclosed. Based in Orange County, California, the newly combined companies will create a large residential HVAC contractor. Antares was the lead left arranger and administrative agent for the credit facility.
2 min read · 28 May 2019
Goldman Sachs has closed its latest senior credit fund at $4.4 billion. The private credit group in Goldman Sachs' Merchant Banking Division is managing the fund.
3 min read · 22 May 2019