Stellus Capital Management announced that its affiliates provided senior debt financing in support of Gauge Capital’s partnership with Craftable, a leading hospitality-focused SaaS platform that provides back-of-house automation and management to the...
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August 02, 2023, 07:00 AM
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Bain Capital Credit closed a senior secured unitranche credit facility provided by Bain Capital and Credit funds managed by Ares Management (“Ares”) to support the refinancing and growth of Pyramid Global Hospitality (“Pyramid”), a portfolio company...
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March 06, 2023, 07:55 AM
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Crescent Capital Group announced the successful final close of its eighth private credit solutions fund, Crescent Credit Solutions VIII (“CCS Fund VIII”), raising $8 billion in investable capital, including targeted leverage and separately managed...
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February 27, 2023, 07:10 AM
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Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support Gemspring Capital’s (“Gemspring”) acquisition of GoldenSource Corp. (the “Company”), a provider of Enterprise Data...
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May 25, 2022, 06:00 AM
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Antares announced record 2021 performance supporting the growth and refinancing initiatives of new and existing borrowers within the healthcare and technology sectors.In 2021, Antares closed more than 90 transactions for middle market...
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February 03, 2022, 08:10 AM
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Principal Global Investors®, through its direct lending business, Principal Alternative Credit, closed out 2021 with a more than eight-fold increase in committed capital, advancing its plans to expand its private debt capabilities. Marking the...
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January 20, 2022, 08:03 AM
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Audax Private Debt announced that Bradley Patton has joined as a Managing Director and will be overseeing Capital Markets for the Private Debt Origination platform. Based in New York, Mr. Patton will be responsible for leading capital markets and...
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January 06, 2022, 06:00 AM
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Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Care Advantage by Searchlight Capital Partners (“Searchlight”), a New York-based private equity...
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September 17, 2021, 07:28 AM
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Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support the acquisitions of C.L. Smith, a leading distributor of rigid packaging solutions, and Silver Spur, a supplier of specialty glass and...
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June 02, 2021, 08:00 AM
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Capital One announced that it served as administrative agent and joint lead arranger on a senior secured unitranche facility to support Excellere Partners’ recapitalization in partnership with the founder and management of SePRO, a specialty chemical...
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March 19, 2019, 08:13 AM
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Capital One announced that its unitranche loan program, ULTra, closed approximately $1.1 billion in commitments to borrowers in the healthcare and services industries in 2018. The program, with HPS Investment Partners as its strategic co-investor...
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January 28, 2019, 08:00 AM
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Capital One announced that it has established a new unitranche loan program, focused on the commercial and healthcare real estate industries, with Kayne Anderson Real Estate as strategic co-investor. The program, through Structured Real Estate...
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October 31, 2018, 08:04 AM
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Capital One announced that it served as administrative agent on a $375 million senior secured unitranche facility for AccentCare, Inc., one of the largest for-profit home healthcare providers in the United States and a portfolio company of Oak Hill...
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April 25, 2018, 07:24 AM
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Caltius Structured Capital announced the closing of a unitranche debt and common equity investment in Imagenet, LLC. The investment was used by the company to refinance debt, fund a shareholder dividend and provide growth capital.
Founded in 2000 in...
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March 15, 2018, 07:00 AM
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Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners announced on February 22, 2018 that it has entered into an agreement with Accel-KKR to provide debt facilities to support its refinancing of...
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February 23, 2018, 07:00 AM
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Just one year after its initial launch, Capital One announced that its unitranche loan program, ULTra, closed more than $1 billion in commitments to borrowers in the healthcare industry in 2017. The program, with HPS Investment Partners as its...
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February 02, 2018, 07:30 AM
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Antares Capital LP and Bain Capital Credit announced the formation of a joint venture providing a unified, private lender solution to private equity backed middle market borrowers.The joint venture, which will be marketed as the Antares Bain Capital...
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December 04, 2017, 07:49 AM
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Lenders are finding it less appealing to join together in unitranche funding deals as falling yields coupled with larger deal sizes have dampened returns, reports Reuters LPC.
According to LPC, at least 12 joint ventures were formed between 2014 and...
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June 05, 2017, 07:30 AM
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Capital One announced that it served as a lead arranger on a $300 million senior secured credit facility consisting of a $10 million revolving loan and $290 million term loan for a leading healthcare education services company. This is the first...
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June 01, 2017, 07:19 AM
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Capital One has established a new program to originate unitranche loans to middle-market healthcare companies, with HPS Investment Partners as its strategic co-investor. The program, through Unitranche Loan Transaction, LLC, will help borrowers to...
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December 13, 2016, 07:42 AM
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Monroe Capital LLC was selected as the recipient of the 2016 Lender Firm of the Year Award by The M&A Advisor. Award winners were honored at the 15th Annual M&A Advisor Awards Gala held in New York City on November 9.Monroe Capital provides...
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November 22, 2016, 07:43 AM
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Neuberger Berman, a private, independent, employee-owned investment manager, announced NB Private Debt Fund II LP (the "Fund") closed on $750 million of limited partner commitments. The Fund seeks to invest in the junior debt of private equity-backed...
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October 21, 2016, 07:41 AM
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Monroe Capital LLC announced the final close of Monroe Capital Private Credit Fund II LP (“Fund”) at $800 million of limited partner commitments, eclipsing the Fund target of $600 million. When combined with target fund leverage, the Fund will have...
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October 13, 2016, 07:43 AM
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US Capital Partners Inc. announced its affiliate US Capital Investment Management, LLC (“US Capital”) has recently closed an $8 million unitranche stretch facility for Fulham Co., Inc. (“Fulham”) out of its US Capital Business Credit Income Fund, LP....
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October 12, 2016, 07:07 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support the acquisition of The Worth Collection, Ltd. (“Worth”) by private equity sponsor, New Water Capital, L.P. Based in New...
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October 11, 2016, 07:46 AM
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NXT Capital, LLC announced the final closing on approximately $312 million in equity for NXT Capital Senior Loan Fund IV, L.P. When coupled with targeted leverage, Senior Loan Fund IV will have approximately $900 million in capital to invest. The...
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October 06, 2016, 07:17 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a $55 million unitranche credit facility to support the recapitalization of a finance technology company. The company is a full-service provider of...
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September 20, 2016, 07:37 AM
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Capitala Finance Corp. announced four investment exits totaling $57.2 million. The investment exits include:
On August 2, 2016, the Company exited its $18.4 million subordinated debt investment in Merlin International, Inc. at par.
On August 5...
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August 26, 2016, 07:45 AM
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Ares Capital Corporation (ARCC) and Varagon Capital Partners announced the Senior Direct Lending Program has officially launched. First announced in 2015, SDLP was formed to provide complete financing solutions to middle market companies and sponsors...
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August 04, 2016, 07:41 AM
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Ares Capital Corporation is serving as the administrative agent, joint lead arranger and joint bookrunner for a $1.075 billion unitranche credit facility in support of the acquisition of Qlik Technologies, Inc. by Thoma Bravo, a leading private...
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June 03, 2016, 08:08 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support the acquisition of Twin-Star International, Inc. (“Twin-Star”) by private equity sponsor, Z Capital Partners...
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April 27, 2016, 08:11 AM
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ORIX USA announced that John Bozalis has rejoined ORIX Leveraged Finance as a Managing Director in the Dallas office. He will be responsible for originating and executing new investment opportunities consisting of senior secured, unitranche and...
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April 13, 2016, 07:29 AM
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The Middle Market Growth Program (MMGP), jointly managed by Antares and LStar Capital, announced today it closed a senior secured unitranche credit facility to support the acquisition of Preferred Compounding by Audax Private Equity.Headquartered in...
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February 23, 2016, 07:38 AM
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White Oak Global Advisors, LLC announced that it has expanded the company’s leadership team with John H. Fitzpatrick as chairman and partner. “Having the right leadership is critical as we continue to grow. We are extremely pleased that John has...
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February 03, 2016, 07:49 AM
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Franklin Square Capital Partners announced the origination of a unitranche term loan to PSKW, LLC (PSKW), a leading developer and marketer of co-pay assistance (CPA) programs for pharmaceutical drugs. The financing supported the acquisition of PSKW...
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February 01, 2016, 07:43 AM
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NewStar Business Credit, a subsidiary of NewStar Financial, Inc. announced the launch of a new unitranche loan product called SingleSource. SingleSource combines ABL and cash flow financing approaches to provide a creative and valuable “one-stop”...
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January 13, 2016, 08:14 AM
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Antares Capital LP and Antares Holdings LP (collectively, “Antares”) and LStar Capital (“LStar”), the credit affiliate of Lone Star Funds announced that they will jointly provide access to unitranche loans for middle market borrowers through the...
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January 07, 2016, 07:26 AM
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Antares Capital announced it is serving as lead arranger and administrative agent on a $183.5 million unitranche credit facility in support of the acquisition of Direct Travel by ABRY Partners.Direct Travel, headquartered in Denver, CO, is a provider...
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December 16, 2015, 07:51 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on a $14.5 million senior credit facility to support the merger of Nelbud 360 Services Group, Inc. (“Nelbud 360 Services”) and TEAM Services, LLC (“TEAM”). Nelbud 360...
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December 04, 2015, 07:56 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on a $31.4 million unitranche credit facility to support the recapitalization of Worldwise, Inc. and ongoing innovation and product development, as well as future...
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December 03, 2015, 07:56 AM
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Capital Southwest committed $7.5 million to lead the last-out portion of a unitranche asset-based credit facility for Freedom Truck Finance, a Dallas-based secondary truck finance company specializing in the acquisition and management of sub-prime...
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October 14, 2015, 07:51 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $57.5 million senior credit facility to support Battery Ventures’ acquisition of Physical Security Business Unit (PSBU), previously part of the...
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September 22, 2015, 08:03 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $72 million senior credit facility and preferred stock investment to support the recapitalization of Education Corporation of America (“ECA”) and...
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September 09, 2015, 07:53 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $42.5 million unitranche credit facility to support a strategic investment in Milestone Technologies, Inc. (“Milestone”) by private equity...
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August 12, 2015, 07:58 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a $36 million unitranche credit facility to support the acquisition of Virtium by private equity sponsor, L Squared Capital Partners. Founded in 1997...
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August 05, 2015, 07:55 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $38.6 million unitranche credit facility to support the acquisition of a laboratory testing services company by a private equity sponsor. The...
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July 21, 2015, 07:34 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a unitranche credit facility to support the acquisition of Cali Bamboo LLC by private equity sponsor, High Road Capital Partners. Cali Bamboo is a...
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July 16, 2015, 07:46 AM
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Capitala Finance Corp. recently invested $10 million in the senior secured debt of American Clinical Solutions, LLC (ACS), a leading provider of compliance regulated drug testing to aid physicians in the monitoring and managing of prescription pain...
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June 24, 2015, 07:29 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $25 million unitranche credit facility to support the future growth of Cyalume Technology Holdings, Inc. (“Cyalume”). “We are pleased to announce...
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May 21, 2015, 08:04 AM
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Monroe Capital LLC today announced an increase in the credit facility to Luxury Optical Holdings (“LOH”) to support continued growth of the business. LOH is a portfolio company of aPriori Capital Partners and Goode Partners.Based in Las Vegas, Nevada...
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April 30, 2015, 07:48 AM
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Capitala Finance Corp. has formed a joint venture with Trinity Universal Insurance Company, a subsidiary of Kemper Corporation, to create Capitala Senior Liquid Loan Fund I, LLC ("CSLLF"). The joint venture is expected to invest primarily in senior...
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March 26, 2015, 07:31 AM
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A rising economy and the increased availability of financing continue to give middle market company founders, and their private equity partners, reason to sell their companies and take advantage of high exit multiples. Lenders and banks are eager to...
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March 24, 2015, 07:26 AM
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CFO.com reports Goldman Sachs BDC opened trading on the New York Stock Exchange Wednesday after raising $120 million in an initial public offering. The firm is the latest business development company (BDC) backed by a Wall Street investment bank that...
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March 20, 2015, 07:35 AM
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Macquarie CAF Lending, part of Macquarie’s Corporate and Asset Finance group, recently announced a customized unitranche financing solution to support the acquisition of Logibec, Inc. by GI Partners.This transaction demonstrates Macquarie CAF...
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March 09, 2015, 07:42 AM
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Franklin Square Capital Partners announced the origination of a unitranche term loan to finance a dividend recapitalization of Dent Wizard International Corp. (Dent Wizard), the largest vehicle reconditioning servicer in the U.S. and Canada. Dent...
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February 09, 2015, 07:24 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $55 million unitranche financing to support the growth of Incipio Technologies, Inc.“After a record year for the company in 2014, I am pleased to...
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January 08, 2015, 07:57 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $24.5 million senior credit facility to support the acquisition of a consumer products retail company by private equity sponsor, SPK Capital...
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October 02, 2014, 07:56 AM
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Monroe Capital announced the closing of a $358 million term debt securitization known as Monroe Capital CLO 2014-1, Ltd. The term financing was Monroe’s first CLO since the financial crisis and is secured mostly by middle-market senior secured loans...
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September 18, 2014, 05:58 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on a $47 million unitranche financing to support the acquisition of Robert Marc Eyewear by Luxury Optical Holdings (“LOH”). The acquisition is supported by private...
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September 16, 2014, 07:44 AM
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Metis Commercial Finance, a specialized commercial finance company that provides loans to lower middle-market companies, announced its formation today. Metis offers smaller borrowers a unique palette of financing structures including asset-based...
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September 11, 2014, 07:28 AM
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Monroe Capital LLC announced the funding of a $20.5 million senior secured credit facility for a specialty retailer to finance the company’s Employee Stock Ownership Plan (“ESOP”) and provide ownership to long-time employees.Monroe’s dedicated ESOP...
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July 10, 2014, 07:49 AM
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LBC Credit Partners ("LBC”) announced the closing of LBC Credit Partners III, L.P. (“LBC III”) fund, with $839 million of equity capital commitments. This exceeded both its target of $650 million and its initial hard cap of $800 million. The new...
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May 30, 2014, 07:44 AM
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Monroe Capital LLC announced the funding of a $23 million unitranche credit facility to support the growth of an industrial ceramics manufacturing company. Based in the Midwest, the company is a leading provider of products and services used in the...
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May 15, 2014, 07:42 AM
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Monroe Capital LLC announced the funding of a $20.8 million unitranche credit facility to support the growth of Gracelock Industries.Based in Los Angeles, Gracelock Industries is a privately held e-commerce provider to the marine, power sports, and...
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May 08, 2014, 07:44 AM
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GB Credit Partners, the investment management affiliate of Gordon Brothers Group, announced that it has participated in providing Shopko Stores Operating Co., LLC with a $12.5 million increase to the company’s existing term loan. The financing...
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April 17, 2014, 07:32 AM
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Monroe Capital LLC announced the funding of a $35 million unitranche credit facility to support the refinancing and growth of SNI Companies, Inc.
Based in Des Moines, Iowa, SNI Companies is an award-winning provider of professional staffing in the...
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April 02, 2014, 07:41 AM
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CIT Group Inc. has appointed William Douglass Group Head and Managing Director of CIT Corporate Finance, Healthcare, effective immediately. He previously served as Underwriting Manager for the Group where he was responsible for overseeing the...
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March 25, 2014, 07:46 AM
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American Capital, Ltd. announced it has promoted Ryan Brauns to Head of Sponsor Finance effective March 1, 2014. In his new role, Brauns will be responsible for overseeing the Sponsor Finance Group, a dedicated, standalone team of professionals...
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March 11, 2014, 07:26 AM
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White Oak Global Advisors, LLC, a leading provider of private debt financing to middle-market companies, announced the funding of a $25 million senior secured term loan to a technology developer and manufacturer of advanced transmission systems. The...
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February 05, 2014, 07:22 AM
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White Oak Global Advisors, LLC, a leading provider of private debt financing to middle-market companies, announced the funding of a $34.0 million senior secured term loan to an energy services company. The financing was used to support the company’s...
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January 21, 2014, 07:23 AM
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Monroe Capital LLC announced the funding of a unitranche credit facility and equity co-investment to support the acquisition of Summit Container Corporation by 127 Summit Holdings LLC.Headquartered in Monument, CO, Summit is a niche-oriented, full...
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January 16, 2014, 07:52 AM
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Monroe Capital announced the closing of Monroe Capital Senior Secured Direct Loan Fund LP, a $500 million leveraged loan fund that will invest in senior debt transactions originated and underwritten by Monroe Capital LLC. The fund was successfully...
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January 08, 2014, 07:56 AM
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ORIX Leveraged Finance announced the closing of a unitranche debt facility for Luxury Optical Holdings. Proceeds were used to consummate several acquisitions and provide liquidity for the company’s future growth. ORIX Leveraged Finance served as lead...
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December 11, 2013, 07:24 AM
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Monroe Capital announced Bradley Nii has joined the firm as managing director in its Los Angeles office. He will serve as the firm’s Group Head for the Southern California region. Warren Woo, also located in Los Angeles, will continue in his current...
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November 12, 2013, 08:01 AM
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