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CapX Partners Reaches $100MM in New Commitments

February 27, 2015, 07:49 AM
Filed Under: Industry News

CapX Partners (CapX), an alternative debt provider focusing on loans, leases and mezzanine capital for middle market businesses, announced its most successful year yet, closing $100 million in new commitments by the close of its 2014 fiscal year.

“CapX found equal opportunities to deploy its capital in to both growth and liquidity need businesses in 2014,” stated Jeffry Pfeffer, Managing Partner. “We have been very pleased with the overall health of middle market business. While 2014 was a banner year for new asset generations, we aim to help more U.S. small to mid-sized companies and deploy the remainder of our current fund in 2015.”

Client companies obtaining financing are well diversified across a wide range of industries and needs. The energy business was well represented with a $12MM venture loan to clean energy battery manufacturer Aquion Energy and a $6MM lease to oilfield service provider All Around Roustabout.
Technology companies were also strongly represented, with Digital Ocean receiving a $10MM lease. Manufacturing remained strong in 2014 with companies such as Gro-Well receiving $5.5MM in growth capital to support their organic lawn and garden product business.

CapX has completed over 200 transactions since its start in 1999. It has raised four funds and has partnered with over 60 private equity firms.







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