Tree Line Capital Partners was the lead arranger and administrative agent for an $82.3 million first lien credit facility for Ingenio, a portfolio company of Alpine Investors. Ingenio is an online platform that connects advice-seekers with coaches and advisors. Since founding, the Ingenio platform has enabled over 40 million phone, chat, and web–based personal advice […]
Twin Brook Capital Partners provided financing to support Blue Point Capital’s recent acquisition of W.A. Kendall and Co., a provider of vegetation management services to utility companies in the Southeast United States. Chicago-based Twin Brook is the middle market direct lending arm of Angelo Gordon. The firm targets senior financing opportunities up to $400 million […]
Abacus Finance Group was the Administrative Agent and Sole Lender in support of the acquisition of Cutting Edge Services (CES) by In-Place Machining Company, a portfolio company of Platte River Equity since November 2016. CES is a provider of outsourced industrial services specializing in diamond wire sawing, drilling and removal services. The company provides its […]
Abacus Finance Group was the Administrative Agent and Sole Lender in support of Thompson Street Capital Partners’ recent acquisition of Palisade Corporation. Palisade is a provider of analysis software, under the @RISK and the DecisionTools Suite brands, which enable Microsoft Excel and other software platforms to perform risk modeling and decision analysis. Palisade’s customers, which […]
Abacus Finance Group served as Administrative Agent and Lead Arranger for senior secured credit facilities to support the add-on addition of Drew’s Organics by Schlotterbeck & Foss, a Frontenac portfolio company since September 2017. Drew’s Organics is a manufacturer of organic and non-GMO dressings, marinades and salsas based in Chester, VT (drewsorganics.com). Schlotterbeck & Foss […]
Abacus Finance Group was the Administrative Agent and Lead Arranger for $25.5 million in senior secured credit facilities to support the recapitalization of The Phia Group by WestView Capital Partners. Abacus also made an equity co-investment as part of the transaction. In September, Abacus backed the acquisition by WestView of AccountabilIT, a Scottsdale, AZ-based provider […]
Abacus Finance Group was the Administrative Agent and Lead Arranger for $20 million in senior secured credit facilities to back the recapitalization of AccountabilIT by WestView Capital Partners. Abacus also made an equity co-investment to support the transaction. AccountabilIT is a provider of outsourced IT services to middle-market companies as wells as small and medium-sized […]
Abacus Finance Group was the Administrative Agent and Lead Arranger for senior secured credit facilities to support the refinancing of ECA Medical Instruments by LongueVue Capital (LVC). ECA Medical Instruments, acquired by LVC in April 2016 from American Capital, develops and manufactures single-use, torque-limiting instruments, fixed drivers, and instrument kits for the medical device and […]
Publicly-traded investment bank Houlihan Lokey has formed HL Finance LLC to arrange senior secured leveraged loans for private equity-backed, privately-held, and public corporations. HL Finance will act as the arranger on syndicated loan transactions and has entered into an agreement with HPS Investment Partners, as its initial strategic investor, to participate in the transactions and […]
Tree Line Capital Partners was the provider of a first lien credit facility to support Huron Capital Partners’ acquisition last month of Direct Connect Logistix (DCL). Indianapolis-based DCL has a network of pre-qualified carriers that are used to offer truckload, partial truckload, expedited freight, small parcel, and air freight brokerage services to customers that operate […]
