Encore Consumer Capital, a consumer goods focused private equity firm, has closed its second fund with $211 million of commitments, exceeding its target fund size of $200 million. Encore Consumer Capital secured commitments from a diversified investor base with the majority of commitments coming from investors in Encore Consumer Capital’s $175 million first fund. Encore […]
Archives for December 2012
Prospect Capital Backs Recap of Palladium’s Taco Bueno
Prospect Capital Corporation has provided $23.2 million of secured debt financing for the recapitalization of Taco Bueno, a portfolio company of Palladium Equity Partners. The purpose of the recapitalization was for the repayment of existing debt and to provide a dividend to existing shareholders. “We are impressed with CEO Ed Lambert and the rest of […]
CIT Backs Latest Webster Acquisitions
CIT Group has arranged and syndicated $90 million in senior secured credit facilities to support Epic Health Services’ acquisitions of Santé Pediatric Services and AmeriCare. Epic Health Services is a portfolio company of Webster Capital. CIT Healthcare served as Sole Lead Arranger, Bookrunner and Administrative Agent for the transaction and financing was provided by CIT […]
Ridgemont Acquires J.A.M. Distributing Company
Ridgemont Equity Partners has made a majority equity investment in J.A.M. Distributing Company (JAM), a distributor of lubricants, fuel, base stock and ancillary products. “Our first introduction to Ridgemont displayed their professionalism and knowledge of investing in diverse industries. They definitely had a very strong interest in JAM and the desire to make a substantial […]
Graham Partners Acquires Universal Cold Storage and Universal Pasteurization
Graham Partners has completed its initial investment in the food processing technology space, having formed UCS & UPC Holdings Company to acquire Universal Cold Storage and Universal Pasteurization (Universal), providers of cold storage and high pressure pasteurization services. “We have established ourselves as the nation’s leading independent high pressure pasteurization service provider,” said John Jacobson, […]
