TCF Capital Funding has provided $10.5 million in senior secured credit facilities in support of the recapitalization of East Coast Colorants (dba Breen Color Concentrates), a portfolio company of Spell Capital Partners. TCF Capital Funding provides asset-based loans and private equity sponsor-backed cash flow loans to companies with less than $100 million in revenue and […]
Archives for February 5, 2013
American Capital Books $300 Million in Sponsor Deals in 2012
In 2012 American Capital invested over $300 million in 28 private equity sponsored transactions. These investments were led by American Capital’s offices in the United States and Europe and were made in support of buyouts, refinancings, add-on acquisitions, dividend recapitalizations and growth opportunities. “In 2012, our Sponsor Finance Group was successful in sourcing and closing […]
Private Equity Returns Inch Up
Private equity funds in the U.S. returned to positive territory in the quarter ending September 30, 2012, following a slightly negative second quarter. U.S. venture capital funds, while significantly underperforming private equity, also turned in a positive performance for the third quarter. Performance of both classes of alternative assets lagged public market returns, which rebounded […]
VSS Invests in Cast & Crew Entertainment Services
Veronis Suhler Stevenson has made a minority investment in Cast & Crew Entertainment Services in conjunction with the previously announced acquisition of the company by ZM Capital, Zelnick Media’s private equity fund. “We are thrilled to have partners who will continue to champion our aggressive investments in technology, personnel and workflow processes with a proven […]
Aurora Capital Group Exits NuCO2
Praxair has entered into an agreement to acquire NuCO2, a provider of beverage carbonation products and a portfolio company of Aurora Capital Group, for $1.1 billion in cash. The transaction is expected to close by the end of the first quarter of 2013. NuCO2 is a national provider of beverage carbonation services to the restaurant […]
