CIT Group has provided a senior secured credit facility to Odyssey Investment Partners to support its acquisition of L-com, a designer and manufacturer of wired and wireless connectivity products. L-com was a portfolio company of The Riverside Company. CIT Commercial & Industrial served as Co-Lead Arranger and Joint Bookrunner for the transaction. Financing was provided […]
Archives for September 7, 2012
Oxford Finance Hires Brett Crabtree and Katie Mainello
Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, has added two new professionals to its business development team with the hiring of Brett Crabtree and Katie Mainello. Mr. Crabtree has joined the firm as Senior Director, Business Development, and will be responsible for originating loans with […]
Pamlico Capital Acquires Surveillance Specialties
Securadyne Systems, a security services provider and a portfolio company of Pamlico Capital, has acquired Surveillance Specialties (SURV), a security systems integrator. The SURV acquisition is the second for Securadyne, which was founded in February 2012 in partnership with Pamlico. “The acquisition of SURV, which enjoys a commanding market presence in New England, ideally complements […]
Argosy Private Equity Acquires Atlantic Diagnostic Laboratories
Argosy Private Equity and Capricorn Investment Group have acquired the assets of Atlantic Diagnostic Laboratories, a clinical testing laboratory providing microbiology, chemistry, toxicology, immunology, and virology testing. Atlantic Diagnostic Laboratories (ADL) is a regional full service clinical testing laboratory specializing in high-end toxicology tests, including drug testing for methadone clinics, behavioral centers and pain management […]
Markel Acquires Reading Bakery Systems
Markel Ventures has acquired a majority interest in Reading Bakery Systems, a designer and manufacturer of industrial baking systems. “After over 40 years of building the company my father established, I sought to find a strong partner that would continue to build on all that we have accomplished at Reading. Markel will be that partner. […]
