Financing

The asset based lending group of TD Bank has provided $23 million in financing to Atlas Paper Holdings to finance a recapitalization of the company’s existing debt.  Peak Rock Capital acquired Atlas Paper Mills in May 2013 and Atlas Southeast Papers in September 2014. The two businesses were then combined and held under the ownership […]

Abacus Finance Group was the Administrative Agent and Joint Lead Arranger for $47 million in senior secured credit facilities to support Bunker Hill Capital’s acquisition earlier this month of ASPEQ Heating Group. Abacus also made an equity co-investment in ASPEQ.  “As in the past,” said Rufus Clark, Co-Founder and Managing Partner, “Abacus Finance gave us […]

Franklin Square Capital Partners has provided a $150 million first lien secured term loan to Latham Pool Products, a manufacturer of in-ground residential swimming pools and components and a portfolio company of Littlejohn & Company since January of 2010 when the company emerged from Chapter 11 bankruptcy protection. The new financing was provided by FS […]

GE has agreed to sell its European Sponsor Finance business to Sumitomo Mitsui Banking Corporation Europe Limited (SMBCE), a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation (SMBC) for approximately $2.2 billion.  GE’s European Sponsor Finance business is one of the leading providers of sponsor finance for European mid-market, private-equity backed transactions. Earlier this month, […]

Golub Capital has provided a $355 million facility to support the refinancing of National Technical Systems, a portfolio company of Aurora Capital Group.  Aurora took publicly-traded National Technical Systems private in November 2013. National Technical Systems (NTS) is a provider of environmental simulation testing, inspection, and certification services to the civil aviation, space, defense, nuclear, […]

GE Antares was the administrative agent on a $124 million senior secured credit facility to support the acquisition of Area Wide Protective by The Riverside Company from Blue Point Capital Partners.  GE Capital Markets served as joint lead arranger and joint bookrunner on this facility. Earlier this month, GE reached an agreement to sell its […]

LBC Credit Partners has provided $43.5 million of senior secured credit facilities to support the acquisition of North American Rescue, a supplier of tactical medical products, by Blue Wolf Capital Partners.  This transaction closed in March 2015 and LBC Credit was the Agent and Sole Lead Arranger. North American Rescue’s (NAR) tactical medical products include […]

GE has reached an agreement to sell its US Sponsor Finance business and a $3 billion loan portfolio to Canada Pension Plan Investment Board (CPPIB) in a transaction valued at approximately $12 billion. The Sponsor Finance business is principally made up of Antares Capital – GE Capital’s lending business to private equity-backed middle market companies.  […]

American Capital was the sole lender and second lien agent on a $51 million second lien financing to support the acquisition of Compusearch Software Systems by ABRY Partners.  Compusearch is a provider of acquisition and program management software to Federal agencies, the Department of Defense program offices, and government contractors.  Compusearch had been a portfolio […]

Maranon Capital provided a mezzanine investment and an equity co-investment to support the recent acquisition of the Health & Safety Institute (HSI) by The Riverside Company. HSI is a provider of health and safety training and compliance services.  Sectors served include emergency care (CPR, first aid, blood-borne pathogens), workplace safety, professional responder (firefighters, EMTs, paramedics, […]

CIT Corporate Finance was the Administrative Agent on a $40 million senior secured asset-based revolving credit facility for TowerBrook Capital Partners to facilitate the acquisition of a majority stake in J.Jill, a multi-channel retailer of women’s apparel, accessories and footwear.  TowerBrook purchased J.Jill from Arcapita and Golden Gate Capital which acquired the company in July […]

Monroe Capital has provided a subordinated debt facility to Mud Pie, LLC to enable the company to repurchase the equity of the company owned by Lineage Capital. With the closing of this transaction, the equity of Mud Pie is now 100% owned by the founding Miller family.  Lineage Capital acquired its non-control equity position in […]

Abacus Finance Group was the Administrative Agent and Joint Lead Arranger for $16 million in senior secured credit facilities to back the just-closed acquisition of Alkota Cleaning Systems by Fulham & Co.  Alkota was a portfolio company of Bradford Equities which acquired the company in March 2006 from Spell Capital. “The Abacus team provided steadfast […]

Oxford Finance has closed on $5 million of new debt as an expansion to its existing $10 million senior secured term loan agreement with Edgemont Pharmaceuticals.  The new capital will be used to fund the working and growth capital needs of the company . Edgemont Pharmaceuticals is a privately held specialty pharmaceutical company focused in […]

Monroe Capital has increased its credit facility to Luxury Optical to provide additional capital to support the growth of the company.  Luxury Optical has been a portfolio company of aPriori Capital Partners and Goode Partners since 2006. Luxury Optical is one of the leading retailers of ultra-luxury glasses frames, sunglasses and other eyewear.  The company […]

ORIX USA has expanded its leveraged finance team with the hiring of Ben Harris as a new Director.  Mr. Harris will be responsible for new business development. Prior to joining ORIX USA, Mr. Harris was with Prospect Capital and previously worked in the sponsor finance unit of Bank of America Merrill Lynch and Arcapita’s private […]