Credit Archives | PE Hub https://www.pehub.com/strategies/credit/ For the world's private equity markets Tue, 14 Nov 2023 15:31:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 Bonaccord Capital Partners backs Kayne Anderson Private Credit https://www.pehub.com/bonaccord-capital-partners-backs-kayne-anderson-private-credit/ Tue, 14 Nov 2023 15:31:33 +0000 https://www.pehub.com/?p=20000003679440 The investment will be used by KAPC for value creation initiatives and growth.

The post Bonaccord Capital Partners backs Kayne Anderson Private Credit appeared first on PE Hub.

]]> Castle Lanterra forms new debt platform CL Credit Opportunities https://www.pehub.com/castle-lanterra-forms-new-debt-platform-cl-credit-opportunities/ Mon, 13 Nov 2023 15:12:22 +0000 https://www.pehub.com/?p=20000003679384 CL Credit Opportunities plans on deploying $500 million in equity over the next year.

The post Castle Lanterra forms new debt platform CL Credit Opportunities appeared first on PE Hub.

]]> Kennedy Lewis wraps up third credit fund at $4.1bn https://www.pehub.com/kennedy-lewis-wraps-up-third-credit-fund-at-4-1bn/ Wed, 08 Nov 2023 16:11:41 +0000 https://www.pehub.com/?p=20000003679231 Fund III's limited partners include pensions, insurers, sovereign wealth funds, foundations and endowments from the U.S., Europe and the Middle East.

The post Kennedy Lewis wraps up third credit fund at $4.1bn appeared first on PE Hub.

]]> Penfund invests in CapVest’s acquisition of Recochem https://www.pehub.com/penfund-backs-capvests-acquisition-of-recochem/ Wed, 08 Nov 2023 15:33:58 +0000 https://www.pehub.com/?p=20000003679233 Penfund served as a joint lead arranger and joint bookrunner on the financing.

The post Penfund invests in CapVest’s acquisition of Recochem appeared first on PE Hub.

]]> Monroe backs Wind Point’s buyout of Central Moloney https://www.pehub.com/monroe-backs-wind-points-buyout-of-central-moloney/ Tue, 07 Nov 2023 14:53:49 +0000 https://www.pehub.com/?p=20000003679169 Monroe served as administrative agent and sole lead arranger on the financing.

The post Monroe backs Wind Point’s buyout of Central Moloney appeared first on PE Hub.

]]> Monarch Alternative Capital backs oil change and car wash platform Accelerated Brands https://www.pehub.com/monarch-alternative-capital-backs-oil-change-and-car-wash-platform-accelerated-brands/ Fri, 27 Oct 2023 12:35:45 +0000 https://www.pehub.com/?p=20000003678722 The capital infusion will be used by Accelerated Brands to bolster the financial strength of the existing business, provide capital for near-term acquisitions, and aid in the future growth of the company.

The post Monarch Alternative Capital backs oil change and car wash platform Accelerated Brands appeared first on PE Hub.

]]> Bain Capital and Smith Hill form $1bn hospitality-focused private lending platform https://www.pehub.com/bain-capital-and-smith-hill-form-1bn-hospitality-focused-private-lending-platform/ Wed, 25 Oct 2023 15:54:00 +0000 https://www.pehub.com/?p=20000003678518 The joint venture will initially focus on new loan originations and debt refinancing exclusively in the hospitality space within primary and secondary markets throughout the U.S.

The post Bain Capital and Smith Hill form $1bn hospitality-focused private lending platform appeared first on PE Hub.

]]> Wellington prices debut CLO at $405.6m https://www.pehub.com/wellington-prices-debut-clo-at-405-6m/ Wed, 25 Oct 2023 13:53:20 +0000 https://www.pehub.com/?p=20000003678516 Wellington Management CLO 1 Ltd is backed primarily by broadly syndicated first lien loans.

The post Wellington prices debut CLO at $405.6m appeared first on PE Hub.

]]> LongWater unveils private credit and capital solutions strategy https://www.pehub.com/longwater-unveils-private-credit-and-capital-solutions-strategy/ Wed, 25 Oct 2023 13:49:19 +0000 https://www.pehub.com/?p=20000003678513 Kevin Prunty will lead it and serve as senior managing director.

The post LongWater unveils private credit and capital solutions strategy appeared first on PE Hub.

]]> Mountain Ridge Capital unveils factoring commercial finance firm Alpha Ridge Funding https://www.pehub.com/mountain-ridge-capital-unveils-factoring-commercial-finance-firm-alpha-ridge-funding/ Tue, 17 Oct 2023 18:14:41 +0000 https://www.pehub.com/?p=20000003678123 Alpine Ridge is focused on originating, underwriting, and managing factoring facilities from $50,000 to $30 million.

The post Mountain Ridge Capital unveils factoring commercial finance firm Alpha Ridge Funding appeared first on PE Hub.

]]> E2M Ventures scores $50m credit facility from Crayhill https://www.pehub.com/e2m-ventures-scores-50m-credit-facility-from-crayhill/ Tue, 17 Oct 2023 14:21:12 +0000 https://www.pehub.com/?p=20000003678105 The facility will be used to finance the origination of mezzanine loans and preferred equity investments for real estate sponsors.

The post E2M Ventures scores $50m credit facility from Crayhill appeared first on PE Hub.

]]> Hamilton Lane raises nearly $300m from national and NY small business credit funds https://www.pehub.com/hamilton-lane-raises-nearly-300m-from-national-and-ny-small-business-credit-funds/ Mon, 16 Oct 2023 15:21:47 +0000 https://www.pehub.com/?p=20000003678031 These funds will focus on providing loans to lower middle-market businesses with EBITDA ranging from $3 million to $25 million.

The post Hamilton Lane raises nearly $300m from national and NY small business credit funds appeared first on PE Hub.

]]> Brightwood Capital Advisors prices mid-market CLO at $319m https://www.pehub.com/brightwood-capital-advisors-prices-mid-market-clo-at-319m/ Wed, 20 Sep 2023 17:14:49 +0000 https://www.pehub.com/?p=20000003676899 This CLO represents the fifth CLO issued by the firm since 2019.

The post Brightwood Capital Advisors prices mid-market CLO at $319m appeared first on PE Hub.

]]> Hyland Software inks $3.4bn facility from Golub Capital https://www.pehub.com/hyland-software-inks-3-4bn-facility-from-golub-capital/ Wed, 20 Sep 2023 15:33:24 +0000 https://www.pehub.com/?p=20000003676883 Hyland has been a portfolio company of Thoma Bravo since 2007.

The post Hyland Software inks $3.4bn facility from Golub Capital appeared first on PE Hub.

]]> Avante backs New Harbor’s buyout of Monroe Biomedical Research https://www.pehub.com/avante-backs-new-harbors-buyout-of-monroe-biomedical-research/ Wed, 20 Sep 2023 15:10:25 +0000 https://www.pehub.com/?p=20000003676880 Based in Chicago, New Harbor invests in lower middle-market healthcare, education, and technology-enabled services businesses.

The post Avante backs New Harbor’s buyout of Monroe Biomedical Research appeared first on PE Hub.

]]> Healthcare Funding Partners grabs $100m credit facility from Post Road https://www.pehub.com/healthcare-funding-partners-grabs-100m-credit-facility-from-post-road/ Mon, 18 Sep 2023 13:59:55 +0000 https://www.pehub.com/?p=20000003676708 There is also a potential option to expand this facility to $200 million.

The post Healthcare Funding Partners grabs $100m credit facility from Post Road appeared first on PE Hub.

]]> Apogem Capital recruits Niedner as senior managing director and credit head https://www.pehub.com/apogem-capital-recruits-niedner-as-senior-managing-director-and-credit-head/ Mon, 11 Sep 2023 16:31:29 +0000 https://www.pehub.com/?p=20000003676475 Prior to joining Apogem, Niedner served as managing director at Vista Credit Partners.

The post Apogem Capital recruits Niedner as senior managing director and credit head appeared first on PE Hub.

]]> Monomoy Capital collects $300m for second credit opportunities fund https://www.pehub.com/monomoy-capital-collects-300m-for-second-credit-opportunities-fund/ Thu, 07 Sep 2023 14:07:06 +0000 https://www.pehub.com/?p=20000003676369 Monomoy Credit Opportunities Fund II is focused on first lien term loans and senior secured notes of lower-middle market and mid-market businesses in the secondary market.

The post Monomoy Capital collects $300m for second credit opportunities fund appeared first on PE Hub.

]]> Algoma Capital unveils $100m credit fund https://www.pehub.com/algoma-capital-unveils-100m-credit-fund/ Mon, 21 Aug 2023 14:42:50 +0000 https://www.pehub.com/?p=20000003675553 The fund will provide working capital to fuel business growth for whiskey brands and distilleries.

The post Algoma Capital unveils $100m credit fund appeared first on PE Hub.

]]> NewSpring Mezzanine supports Third Arch’s FiberGlass Coatings buyout https://www.pehub.com/newspring-mezzanine-supports-third-archs-fiberglass-coatings-buyout/ Thu, 17 Aug 2023 15:11:22 +0000 https://www.pehub.com/?p=20000003675463 Tecum Capital Partners is also providing financial support for the transaction.

The post NewSpring Mezzanine supports Third Arch’s FiberGlass Coatings buyout appeared first on PE Hub.

]]> TCW Group wraps up latest CLO at $400m https://www.pehub.com/tcw-group-wraps-up-latest-clo-at-400m/ Wed, 16 Aug 2023 18:27:17 +0000 https://www.pehub.com/?p=20000003675417 TCW CLO 2023-2, Ltd. is backed primarily by broadly syndicated first lien loans.

The post TCW Group wraps up latest CLO at $400m appeared first on PE Hub.

]]> AST SpaceMobile scores $100m credit facility from Atlas Credit Partners https://www.pehub.com/ast-spacemobile-scores-100m-credit-facility-from-atlas-credit-partners/ Wed, 16 Aug 2023 13:37:27 +0000 https://www.pehub.com/?p=20000003675403 The financing will provide AST with additional resources to continue building a globally connected satellite-based cellular broadband telecommunications network.

The post AST SpaceMobile scores $100m credit facility from Atlas Credit Partners appeared first on PE Hub.

]]> Mexican digital bank Klar inks $100m credit facility from VPC https://www.pehub.com/mexican-digital-bank-klar-inks-100m-credit-facility-from-vpc/ Tue, 15 Aug 2023 15:18:15 +0000 https://www.pehub.com/?p=20000003675354 The financing will be used for growth and expansion.

The post Mexican digital bank Klar inks $100m credit facility from VPC appeared first on PE Hub.

]]> Railroad equipment supplier RELAM grabs loan from Platinum Equity https://www.pehub.com/railroad-equipment-supplier-relam-grabs-loan-from-platinum-equity/ Tue, 15 Aug 2023 13:51:46 +0000 https://www.pehub.com/?p=20000003675346 The financing will be used to refinance existing indebtedness and support future growth of the business.

The post Railroad equipment supplier RELAM grabs loan from Platinum Equity appeared first on PE Hub.

]]> KKR buys Synovus Bank’s $373m portfolio of auto loans https://www.pehub.com/kkr-buys-synovus-banks-373m-portfolio-of-auto-loans/ Wed, 09 Aug 2023 15:19:14 +0000 https://www.pehub.com/?p=20000003675121 KKR has made 65 ABF investments globally since 2016 through a combination of portfolio acquisitions, platform investments and structured investments.

The post KKR buys Synovus Bank’s $373m portfolio of auto loans appeared first on PE Hub.

]]> Credit card company Petal gathers $220m debt financing https://www.pehub.com/credit-card-company-petal-gathers-220m-debt-financing/ Thu, 03 Aug 2023 14:50:23 +0000 https://www.pehub.com/?p=20000003674913 This financing includes a $200 million debt facility from Victory Park Capital and a new term loan facility for up to $20 million from Trinity Capital Inc.

The post Credit card company Petal gathers $220m debt financing appeared first on PE Hub.

]]> CVC Credit prices seventh new CLO for this year at $504m https://www.pehub.com/cvc-credit-prices-seventh-new-clo-for-this-year-at-504m/ Fri, 21 Jul 2023 13:55:44 +0000 https://www.pehub.com/?p=20000003674250 Societe Generale was the lead arranger for Apidos XLVI.

The post CVC Credit prices seventh new CLO for this year at $504m appeared first on PE Hub.

]]> Angelo Gordon racks up over $1bn for credit fund https://www.pehub.com/angelo-gordon-racks-up-over-1bn-for-credit-fund/ Tue, 18 Jul 2023 13:41:14 +0000 https://www.pehub.com/?p=20000003674051 The fund's backers include existing Angelo Gordon clients, as well as new institutional investors.

The post Angelo Gordon racks up over $1bn for credit fund appeared first on PE Hub.

]]> Wellness brand Hyperice grabs $100m facility from Atlas Credit Partners https://www.pehub.com/wellness-brand-hyperice-grabs-100m-facility-from-atlas-credit-partners/ Wed, 12 Jul 2023 15:18:20 +0000 https://www.pehub.com/?p=20000003673863 The financing will support Hyperice's growth.

The post Wellness brand Hyperice grabs $100m facility from Atlas Credit Partners appeared first on PE Hub.

]]> KKR provides $600m facility to Bausch Health Companies https://www.pehub.com/kkr-provides-600m-facility-to-bausch-health-companies/ Tue, 11 Jul 2023 15:19:20 +0000 https://www.pehub.com/?p=20000003673807 Bausch Health Companies is a Laval, Quebec-based diversified pharmaceutical company.

The post KKR provides $600m facility to Bausch Health Companies appeared first on PE Hub.

]]> Antares Capital wraps up sophomore senior loan fund at $6bn https://www.pehub.com/antares-capital-wraps-up-sophomore-senior-loan-fund-at-6bn/ Tue, 11 Jul 2023 14:43:12 +0000 https://www.pehub.com/?p=20000003673801 SLF II will focus on providing private debt financing in North America.

The post Antares Capital wraps up sophomore senior loan fund at $6bn appeared first on PE Hub.

]]> EIP and Werklund-backed RS Technologies inks $148.5m credit deal https://www.pehub.com/pe-backed-rs-technologies-inks-148-5m-credit-financing/ Mon, 10 Jul 2023 14:36:01 +0000 https://www.pehub.com/?p=20000003673745 The facilities were provided by JP Morgan, Bank of Montreal, Toronto-Dominion Bank and Export Development Canada.

The post EIP and Werklund-backed RS Technologies inks $148.5m credit deal appeared first on PE Hub.

]]> Man Group to take controlling stake in private credit manager Varagon https://www.pehub.com/man-group-to-take-controlling-stake-in-private-credit-manager-varagon/ Thu, 06 Jul 2023 13:54:54 +0000 https://www.pehub.com/?p=20000003673645 Based in London, Man Group is an investment management firm.

The post Man Group to take controlling stake in private credit manager Varagon appeared first on PE Hub.

]]> Beach Point raises $397.44m for second CLO https://www.pehub.com/beach-point-raises-397-44m-for-second-clo/ Wed, 05 Jul 2023 16:19:01 +0000 https://www.pehub.com/?p=20000003673597 JP Morgan served as a lead arranger on the CLO, Sandstone Peak II Ltd.

The post Beach Point raises $397.44m for second CLO appeared first on PE Hub.

]]> Bain Capital Credit supports Audax’s investment in Congress Wealth Management https://www.pehub.com/bain-capital-credit-supports-audaxs-investment-in-congress-wealth-management/ Wed, 05 Jul 2023 15:23:59 +0000 https://www.pehub.com/?p=20000003673593 Congress was founded in 2009.

The post Bain Capital Credit supports Audax’s investment in Congress Wealth Management appeared first on PE Hub.

]]> CVC Credit raises $800m for third equity CLO https://www.pehub.com/cvc-credit-raises-800m-for-third-equity-clo/ Wed, 05 Jul 2023 12:29:35 +0000 https://www.pehub.com/?p=20000003673571 CVC CLO Equity III will be used to make equity investments in CVC-managed CLOs issued in the U.S. and Europe.

The post CVC Credit raises $800m for third equity CLO appeared first on PE Hub.

]]> NewSpring Holdings launches new sports marketing platform underdog & company https://www.pehub.com/newspring-holdings-launches-new-sports-marketing-platform-underdog-company/ Mon, 26 Jun 2023 12:47:07 +0000 https://www.pehub.com/?p=20000003673044 Dan Mannix, co-founder of underdog venture team, will serve as co-founder and managing partner of underdog & company.

The post NewSpring Holdings launches new sports marketing platform underdog & company appeared first on PE Hub.

]]> Ares Management scoops up $3.5bn loan portfolio from PacWest https://www.pehub.com/ares-management-scoops-up-3-5bn-loan-portfolio-from-pacwest/ Mon, 26 Jun 2023 12:17:09 +0000 https://www.pehub.com/?p=20000003673042 The portfolio is backed by assets across a variety of industries and asset classes including consumer loans, small business loans, timeshare receivables and auto loans.

The post Ares Management scoops up $3.5bn loan portfolio from PacWest appeared first on PE Hub.

]]> Bridge Bank: Stable banks enable tech companies to thrive in volatile markets https://www.pehub.com/bridge-bank-stable-banks-enable-tech-companies-to-thrive-in-volatile-markets/ Mon, 26 Jun 2023 05:00:58 +0000 https://www.pehub.com/?p=20000003671956 Working with a diversified, balanced banking solutions provider is beneficial in good times and downright crucial in challenging economic times, says Mike Lederman, senior managing director for the Technology Banking Group at Bridge Bank, a division of Western Alliance Bank. Member FDIC

The post Bridge Bank: Stable banks enable tech companies to thrive in volatile markets appeared first on PE Hub.

]]> Oaktree Capital racks up $2.3bn for inaugural life sciences lending fund https://www.pehub.com/oaktree-capital-racks-up-2-3bn-for-inaugural-life-sciences-lending-fund/ Fri, 23 Jun 2023 18:47:44 +0000 https://www.pehub.com/?p=20000003672999 The fund will focus on sectors such as biopharma and medical devices.

The post Oaktree Capital racks up $2.3bn for inaugural life sciences lending fund appeared first on PE Hub.

]]> GoldenTree closes latest CLO at $493m https://www.pehub.com/goldentree-closes-latest-clo-at-493m/ Fri, 23 Jun 2023 14:48:31 +0000 https://www.pehub.com/?p=20000003672985 GLM US CLO 17 will initially be backed by mostly senior secured loans.

The post GoldenTree closes latest CLO at $493m appeared first on PE Hub.

]]> Vitol and RCP form Valor Upstream Credit Partners https://www.pehub.com/vitol-and-rcp-form-valor-upstream-credit-partners/ Wed, 21 Jun 2023 13:35:46 +0000 https://www.pehub.com/?p=20000003672863 VCP will seek to make structured credit investments in North American upstream oil and gas companies.

The post Vitol and RCP form Valor Upstream Credit Partners appeared first on PE Hub.

]]> Stellus backs Recognize Partners’ 2X investment https://www.pehub.com/stellus-backs-recognize-partners-2x-investment/ Wed, 14 Jun 2023 12:29:08 +0000 https://www.pehub.com/?p=20000003672615 2X was founded in 2017.

The post Stellus backs Recognize Partners’ 2X investment appeared first on PE Hub.

]]> Abacus backs WestView’s recap of Triple Crown Consulting https://www.pehub.com/abacus-backs-westviews-recap-of-triple-crown-consulting/ Tue, 13 Jun 2023 14:26:22 +0000 https://www.pehub.com/?p=20000003672581 Also, Abacus Finance Group made an equity co-investment in Triple Crown Consulting.

The post Abacus backs WestView’s recap of Triple Crown Consulting appeared first on PE Hub.

]]> ECP and two ex-GIP Partners launch new sustainable credit platform ECP ForeStar https://www.pehub.com/ecp-and-two-ex-gip-partners-launch-new-sustainable-credit-platform-ecp-forestar/ Wed, 07 Jun 2023 12:52:20 +0000 https://www.pehub.com/?p=20000003672367 Powers and Reiner Boehning are leading a combined ECP credit team with over $2.5 billion of initial capital allocations.

The post ECP and two ex-GIP Partners launch new sustainable credit platform ECP ForeStar appeared first on PE Hub.

]]> CVC Credit supports refinancing of cybersecurity consultancy Optiv https://www.pehub.com/cvc-credit-supports-refinancing-of-cybersecurity-consultancy-optiv/ Wed, 31 May 2023 14:41:28 +0000 https://www.pehub.com/?p=20000003671915 Optiv is a portfolio company of KKR.

The post CVC Credit supports refinancing of cybersecurity consultancy Optiv appeared first on PE Hub.

]]> Brightwood Capital Advisors hires Pratt as chief credit officer https://www.pehub.com/brightwood-capital-advisors-hires-pratt-as-chief-credit-officer/ Tue, 23 May 2023 14:07:47 +0000 https://www.pehub.com/?p=20000003671487 In this role, Pratt will oversee Brightwood's existing portfolio, as well as play an important role in the firm's analysis of new investments.

The post Brightwood Capital Advisors hires Pratt as chief credit officer appeared first on PE Hub.

]]> Fivetran inks $125m from Vista Credit Partners https://www.pehub.com/fivetran-inks-125m-from-vista-credit-partners/ Thu, 18 May 2023 17:08:39 +0000 https://www.pehub.com/?p=20000003671336 The funding will be used to accelerate enterprise growth, global go-to-market strategy and fuel platform innovation.

The post Fivetran inks $125m from Vista Credit Partners appeared first on PE Hub.

]]> Stellus backs Eagle Merchant’s buyout of Impact Home Services https://www.pehub.com/stellus-backs-eagle-merchants-buyout-of-impact-home-services/ Wed, 17 May 2023 12:18:47 +0000 https://www.pehub.com/?p=20000003671258 Texas-based Impact is an owner and operator of franchises within Neighborly, a home services company.

The post Stellus backs Eagle Merchant’s buyout of Impact Home Services appeared first on PE Hub.

]]> Castlelake to buy up to $4bn of consumer installment loans from Upstart https://www.pehub.com/castlelake-to-buy-up-to-4bn-of-consumer-installment-loans-from-upstart/ Tue, 16 May 2023 15:28:15 +0000 https://www.pehub.com/?p=20000003671206 Eltura Capital Management is a co-investor in this transaction.

The post Castlelake to buy up to $4bn of consumer installment loans from Upstart appeared first on PE Hub.

]]> Gold mining company Iamgold inks $400m term loan led by Oaktree https://www.pehub.com/intermediate-gold-developer-iamgold-inks-400m-loan/ Tue, 16 May 2023 14:44:16 +0000 https://www.pehub.com/?p=20000003671198 Oaktree Capital Management is the lead lender, with significant participation by Värde Partners and CI Global Asset Management.

The post Gold mining company Iamgold inks $400m term loan led by Oaktree appeared first on PE Hub.

]]> New midmarket lender Legacy launches with Bain Capital Credit investment https://www.pehub.com/new-midmarket-lender-legacy-launches-with-bain-capital-credit-investment/ Tue, 09 May 2023 14:35:25 +0000 https://www.pehub.com/?p=20000003670952 Legacy Corporate Lending is led by CEO Clark Griffith.

The post New midmarket lender Legacy launches with Bain Capital Credit investment appeared first on PE Hub.

]]> Stellus supports Altamont-backed BLP’s acquisition of General Work Products https://www.pehub.com/stellus-supports-altamont-backed-blps-acquisition-of-general-work-products/ Tue, 09 May 2023 14:10:24 +0000 https://www.pehub.com/?p=20000003670940 BLP is a portfolio company of Altamont Capital Partners.

The post Stellus supports Altamont-backed BLP’s acquisition of General Work Products appeared first on PE Hub.

]]> Axar Capital and Morning Calm launch real estate lending platform Morning Axe Management https://www.pehub.com/axar-capital-and-morning-calm-launch-real-estate-lending-platform-morning-axe-management/ Thu, 04 May 2023 15:27:11 +0000 https://www.pehub.com/?p=20000003670807 Morning Axe is launching with access to about $250 million in capital.

The post Axar Capital and Morning Calm launch real estate lending platform Morning Axe Management appeared first on PE Hub.

]]> Abacus supports LFM-backed Accelevation’s acquisition of Workplace Modular Systems https://www.pehub.com/abacus-supports-lfm-backed-accelevations-acquisition-of-workplace-modular-systems/ Tue, 02 May 2023 13:59:44 +0000 https://www.pehub.com/?p=20000003670681 Springboro, Ohio-based Accelevation is a group of manufacturing companies serving the data center, electric vehicle and robotic markets.

The post Abacus supports LFM-backed Accelevation’s acquisition of Workplace Modular Systems appeared first on PE Hub.

]]> Oak Dental inks $153m credit facility from Comvest Credit Partners https://www.pehub.com/oak-dental-inks-153m-credit-facility-from-comvest-credit-partners/ Mon, 01 May 2023 17:27:28 +0000 https://www.pehub.com/?p=20000003670621 The financing will be used to refinance Oak Dental's existing debt and back near-term acquisitions.

The post Oak Dental inks $153m credit facility from Comvest Credit Partners appeared first on PE Hub.

]]> Medtech company MedShift picks up loan from Turning Rock https://www.pehub.com/medtech-company-medshift-picks-up-loan-from-turning-rock/ Fri, 28 Apr 2023 19:36:39 +0000 https://www.pehub.com/?p=20000003670579 The financing will be used to support Med Shift's growth.

The post Medtech company MedShift picks up loan from Turning Rock appeared first on PE Hub.

]]> Stellus backs Intuitive Health’s acquisition of Premier ER & Urgent Care https://www.pehub.com/stellus-backs-intuitive-healths-acquisition-of-premier-er-urgent-care/ Wed, 26 Apr 2023 13:46:59 +0000 https://www.pehub.com/?p=20000003670342 Intuitive is a portfolio company of Altamont Capital Partners.

The post Stellus backs Intuitive Health’s acquisition of Premier ER & Urgent Care appeared first on PE Hub.

]]> CVC Credit prices fifth global CLO this year https://www.pehub.com/cvc-credit-prices-fifth-global-clo-this-year/ Wed, 26 Apr 2023 12:42:40 +0000 https://www.pehub.com/?p=20000003670325 Bank of America served as lead arranger for Apidos XLV.

The post CVC Credit prices fifth global CLO this year appeared first on PE Hub.

]]> Ares Management rolls out $1.5b private credit fund https://www.pehub.com/ares-management-rolls-out-1-5b-private-credit-fund/ Tue, 25 Apr 2023 14:58:17 +0000 https://www.pehub.com/?p=20000003670260 The Ares Strategic Income Fund will invest in directly originated, senior secured, floating-rate loans to U.S. middle-market companies.

The post Ares Management rolls out $1.5b private credit fund appeared first on PE Hub.

]]> Estancia-backed Snowden Lane secures credit facility from Monroe Capital https://www.pehub.com/estancia-backed-snowden-lane-secures-credit-facility-from-monroe-capital/ Tue, 18 Apr 2023 14:20:58 +0000 https://www.pehub.com/?p=20000003669836 The financing will be used for growth.

The post Estancia-backed Snowden Lane secures credit facility from Monroe Capital appeared first on PE Hub.

]]> Atlas Credit Partners provide $125m to SoundHound AI https://www.pehub.com/atlas-credit-partners-provide-125m-to-soundhound-ai/ Mon, 17 Apr 2023 15:34:53 +0000 https://www.pehub.com/?p=20000003669793 The facility will be used by SoundHound AI to refinance its current debt and further solidify its balance sheet.

The post Atlas Credit Partners provide $125m to SoundHound AI appeared first on PE Hub.

]]> Sycamore Tree raises $401m for third CLO https://www.pehub.com/sycamore-tree-raises-401m-for-third-clo/ Fri, 14 Apr 2023 16:43:12 +0000 https://www.pehub.com/?p=20000003669760 STCP CLO 3's backers include banks, insurance companies, and asset management firms.

The post Sycamore Tree raises $401m for third CLO appeared first on PE Hub.

]]> Audax Private Debt backs H.I.G. Infrastructure buyout of TEP https://www.pehub.com/audax-private-debt-backs-h-i-g-infrastructure-buyout-of-tep/ Fri, 14 Apr 2023 13:44:55 +0000 https://www.pehub.com/?p=20000003669749 Audax was administrative agent and sole lead arranger on the financing.

The post Audax Private Debt backs H.I.G. Infrastructure buyout of TEP appeared first on PE Hub.

]]> CVC Credit prices latest CLO at $400m https://www.pehub.com/cvc-credit-prices-latest-clo-at-400m/ Tue, 11 Apr 2023 14:00:48 +0000 https://www.pehub.com/?p=20000003669580 Bank of America was lead arranger on the CLO.

The post CVC Credit prices latest CLO at $400m appeared first on PE Hub.

]]> Valgo Canada raises debt financing from Private Debt Partners https://www.pehub.com/valgo-canada-inks-debt-financing-from-pdp/ Fri, 07 Apr 2023 12:24:33 +0000 https://www.pehub.com/?p=20000003669516 Valgo Canada is a Montreal-based specialist in decontamination and remediation of industrial sites and wastelands.

The post Valgo Canada raises debt financing from Private Debt Partners appeared first on PE Hub.

]]> BuildGroup-backed Amelia secures credit facility from Monroe https://www.pehub.com/buildgroup-backed-amelia-secures-credit-facility-from-monroe/ Wed, 05 Apr 2023 12:36:47 +0000 https://www.pehub.com/?p=20000003669377 Monroe Capital was the sole lead arranger and administrative agent on the financing.

The post BuildGroup-backed Amelia secures credit facility from Monroe appeared first on PE Hub.

]]> Carbon Neutral Royalty inks C$25m facility with Beedie Capital https://www.pehub.com/carbon-neutral-royalty-inks-c25m-facility/ Mon, 27 Mar 2023 14:52:30 +0000 https://www.pehub.com/?p=20000003668889 Based in Vancouver, Carbon Neutral Royalty is a permanent capital vehicle focused on financing and supporting decarbonization projects.

The post Carbon Neutral Royalty inks C$25m facility with Beedie Capital appeared first on PE Hub.

]]> Deerpath raises $1.5bn for sixth senior debt fund https://www.pehub.com/deerpath-raises-1-5bn-for-sixth-senior-debt-fund/ Mon, 20 Mar 2023 12:59:48 +0000 https://www.pehub.com/?p=20000003668504 Fund VI's has secured commitments from more than 50 limited partners in the U.S., Canada, Germany, Japan, Lebanon and Panama.

The post Deerpath raises $1.5bn for sixth senior debt fund appeared first on PE Hub.

]]> Abacus supports Eureka’s recap of Advertiser Perceptions https://www.pehub.com/abacus-supports-eurekas-recap-of-advertiser-perceptions/ Wed, 15 Mar 2023 12:26:54 +0000 https://www.pehub.com/?p=20000003668334 In addition to serving as administrative agent and sole lender on the financing, Abacus made an equity co-investment in Advertiser Perceptions.

The post Abacus supports Eureka’s recap of Advertiser Perceptions appeared first on PE Hub.

]]> Yukon backs Crossplane’s buyout of fence equipment provider Viking https://www.pehub.com/yukon-backs-crossplanes-buyout-of-fence-equipment-provider-viking/ Wed, 01 Mar 2023 14:54:43 +0000 https://www.pehub.com/?p=20000003667875 Dorsey & Whitney LLP provided legal counsel to Yukon.

The post Yukon backs Crossplane’s buyout of fence equipment provider Viking appeared first on PE Hub.

]]> CVC Credit prices latest CLO at $504m https://www.pehub.com/cvc-credit-prices-latest-clo-at-504m/ Mon, 27 Feb 2023 17:30:40 +0000 https://www.pehub.com/?p=20000003667694 Deutsche Bank arranged the CLO, Apidos XLIII.

The post CVC Credit prices latest CLO at $504m appeared first on PE Hub.

]]> GoldenTree wraps up CLO at 411m euros https://www.pehub.com/goldentree-wraps-up-clo-at-411m-euros/ Mon, 27 Feb 2023 14:56:30 +0000 https://www.pehub.com/?p=20000003667630 The CLO will be managed by GLM II.

The post GoldenTree wraps up CLO at 411m euros appeared first on PE Hub.

]]> Sycamore Tree wraps up second CLO at $404.45m https://www.pehub.com/sycamore-tree-wraps-up-second-clo-at-404-45m/ Wed, 22 Feb 2023 20:26:35 +0000 https://www.pehub.com/?p=20000003667297 STCP CLO 2's investors include banks, insurance companies and asset management firms.

The post Sycamore Tree wraps up second CLO at $404.45m appeared first on PE Hub.

]]> B2B sales and marketing software platform Demandbase secures $175m from Vista Credit Partners https://www.pehub.com/b2b-sales-and-marketing-software-platform-demandbase-secures-175m-from-vista-credit-partners/ Thu, 16 Feb 2023 15:33:50 +0000 https://www.pehub.com/?p=20000003666923 The investment will be used to back Demandbase's "next wave of platform innovation."

The post B2B sales and marketing software platform Demandbase secures $175m from Vista Credit Partners appeared first on PE Hub.

]]> Abacus backs TSCP’s buyout of safety review solutions provider Sabai Group https://www.pehub.com/abacus-backs-tscps-buyout-of-safety-review-solutions-provider-sabai-group/ Mon, 13 Feb 2023 13:46:34 +0000 https://www.pehub.com/?p=20000003666684 Also, Abacus made an equity co-investment in Sabai Group LLC.

The post Abacus backs TSCP’s buyout of safety review solutions provider Sabai Group appeared first on PE Hub.

]]> Westland Insurance buys Niche Assurance, Heritage Insurance https://www.pehub.com/blackstone-credit-backs-westlands-acquisitions-of-brokers-niche-assurance-and-heritage-insurance/ Fri, 10 Feb 2023 14:48:57 +0000 https://www.pehub.com/?p=20000003666600 In December, Blackstone provided an additional $200 million commitment to Westland, bringing its aggregate investment to date to $1.4 billion.

The post Westland Insurance buys Niche Assurance, Heritage Insurance appeared first on PE Hub.

]]> North Hudson Resource Partners unveils inaugural $275m credit fund https://www.pehub.com/north-hudson-resource-partners-unveils-inaugural-275m-credit-fund/ Tue, 31 Jan 2023 13:44:25 +0000 https://www.pehub.com/?p=20000003666059 North Hudson Energy Credit Partners LP will provide middle-market, North American onshore oil and gas production companies with senior secured loans to refinance existing debt, finance acquisitions, and fund development.

The post North Hudson Resource Partners unveils inaugural $275m credit fund appeared first on PE Hub.

]]> HOP Energy inks credit facility from Mountain Ridge and Great Rock https://www.pehub.com/hop-energy-inks-credit-facility-from-mountain-ridge-and-great-rock/ Mon, 30 Jan 2023 15:13:46 +0000 https://www.pehub.com/?p=20000003665991 HOP Energy is majority-owned by Delos Capital.

The post HOP Energy inks credit facility from Mountain Ridge and Great Rock appeared first on PE Hub.

]]> Abacus supports recapitalization of SFEP-backed SV Labs https://www.pehub.com/abacus-supports-recapitalization-of-sfep-backed-sv-labs/ Thu, 26 Jan 2023 13:46:40 +0000 https://www.pehub.com/?p=20000003665749 SV Labs is a contract development and manufacturing organization specializing in beauty and personal care products.

The post Abacus supports recapitalization of SFEP-backed SV Labs appeared first on PE Hub.

]]> Barings supports ATL Partners’ investment in aerospace maintenance firm Aero Accessories https://www.pehub.com/barings-supports-atl-partners-investment-in-aerospace-maintenance-firm-aero-accessories/ Mon, 23 Jan 2023 15:13:14 +0000 https://www.pehub.com/?p=20000003665412 Barings was lead agent for a senior secured facility to support this deal.

The post Barings supports ATL Partners’ investment in aerospace maintenance firm Aero Accessories appeared first on PE Hub.

]]> VPC provides $100m credit facility to Alloy Capital https://www.pehub.com/vpc-provides-100m-credit-facility-to-alloy-capital/ Mon, 23 Jan 2023 15:09:06 +0000 https://www.pehub.com/?p=20000003665411 The facility will enable Alloy Capital to finance the origination of structured finance loans in Mexico.

The post VPC provides $100m credit facility to Alloy Capital appeared first on PE Hub.

]]> Kudu invests in alternative credit manager Variant Investments https://www.pehub.com/kudu-invests-in-alternative-credit-manager-variant-investments/ Fri, 20 Jan 2023 16:24:13 +0000 https://www.pehub.com/?p=20000003665331 Buchalter PC was legal counsel to Variant on the transaction while Seward & Kissel LLP served as legal advisor to Kudu.

The post Kudu invests in alternative credit manager Variant Investments appeared first on PE Hub.

]]> PE-backed eStruxture Data Centers seals C$170m credit facility https://www.pehub.com/estruxture-data-centers-seals-c170m-credit-facility/ Thu, 19 Jan 2023 15:41:47 +0000 https://www.pehub.com/?p=20000003665272 The consortium of lenders included Scotiabank, National Bank, BMO Bank of Montreal and Deutsche Bank.

The post PE-backed eStruxture Data Centers seals C$170m credit facility appeared first on PE Hub.

]]> Audax Private Debt wraps up sophomore direct lending fund at $3bn https://www.pehub.com/audax-private-debt-wraps-up-sophomore-direct-lending-fund-at-3bn/ Thu, 19 Jan 2023 15:26:10 +0000 https://www.pehub.com/?p=20000003665268 DLS Fund II's investors include pension funds, sovereign wealth funds, insurance companies, family offices, endowments and foundations.

The post Audax Private Debt wraps up sophomore direct lending fund at $3bn appeared first on PE Hub.

]]> Savor Street Foods picks up $7.4m credit facility from FrontWell https://www.pehub.com/savor-street-foods-picks-up-7-4m-credit-facility-from-frontwell/ Wed, 18 Jan 2023 16:32:32 +0000 https://www.pehub.com/?p=20000003665213 The facility will be used by SSF to refinance its existing debt.

The post Savor Street Foods picks up $7.4m credit facility from FrontWell appeared first on PE Hub.

]]> FrontWell provides C$25m credit facility to Invotek Group’s Mara https://www.pehub.com/frontwell-provides-financing-to-manufacturer-mara/ Wed, 11 Jan 2023 18:01:26 +0000 https://www.pehub.com/?p=20000003664936 Mara is a Markham, Ontario-based maker of electronic boards and assemblies focused in infrastructure, broadband communications and power management systems.

The post FrontWell provides C$25m credit facility to Invotek Group’s Mara appeared first on PE Hub.

]]> Ares wraps up fifth infrastructure debt fund at $5bn https://www.pehub.com/ares-wraps-up-fifth-infrastructure-debt-fund-at-5bn/ Wed, 11 Jan 2023 15:32:40 +0000 https://www.pehub.com/?p=20000003664921 Infrastructure Debt Fund V targets investments across the digital, utilities, renewables, energy and transportation sectors.

The post Ares wraps up fifth infrastructure debt fund at $5bn appeared first on PE Hub.

]]> Westland Insurance buys brokerage RiskTech Insurance Services https://www.pehub.com/westland-insurance-acquires-broker-risktech-insurance-services/ Tue, 10 Jan 2023 15:03:26 +0000 https://www.pehub.com/?p=20000003664839 RiskTech Insurance Services is an Edmonton-based brokerage focused on large and mid-market commercial clients.

The post Westland Insurance buys brokerage RiskTech Insurance Services appeared first on PE Hub.

]]> Cresset Partners unveils new private credit fund https://www.pehub.com/cresset-partners-unveils-new-private-credit-fund/ Tue, 10 Jan 2023 13:53:13 +0000 https://www.pehub.com/?p=20000003664828 Cresset Partners Private Credit Fund will invest in a portfolio of private senior secured loans.

The post Cresset Partners unveils new private credit fund appeared first on PE Hub.

]]> Wealth advisor Snowden Lane inks $100m https://www.pehub.com/wealth-advisor-snowden-lane-inks-100m/ Mon, 09 Jan 2023 20:09:42 +0000 https://www.pehub.com/?p=20000003664790 Apogem Capital and Monroe Capital arranged for the financing.

The post Wealth advisor Snowden Lane inks $100m appeared first on PE Hub.

]]> Abacus supports LFM’s Accelevation recap https://www.pehub.com/abacus-supports-lfms-accelevation-recap/ Mon, 09 Jan 2023 15:25:19 +0000 https://www.pehub.com/?p=20000003664763 Goulston & Storrs, PC provided legal counsel on the transaction.

The post Abacus supports LFM’s Accelevation recap appeared first on PE Hub.

]]> Churchill amasses $737m for sophomore junior debt fund https://www.pehub.com/churchill-amasses-737m-for-sophomore-junior-debt-fund/ Thu, 05 Jan 2023 15:36:36 +0000 https://www.pehub.com/?p=20000003664626 The original target was $500 million.

The post Churchill amasses $737m for sophomore junior debt fund appeared first on PE Hub.

]]> MSCP-backed Impact Fitness secures debt financing from Brightwood https://www.pehub.com/mscp-backed-impact-fitness-secures-debt-financing-from-brightwood/ Wed, 04 Jan 2023 15:14:40 +0000 https://www.pehub.com/?p=20000003664572 The capital infusion will be used for growth and expansion.

The post MSCP-backed Impact Fitness secures debt financing from Brightwood appeared first on PE Hub.

]]> GoldenTree raises $487m for latest CLO https://www.pehub.com/goldentree-raises-487m-for-latest-clo-2/ Fri, 23 Dec 2022 16:20:37 +0000 https://www.pehub.com/?p=20000003664483 GLM II is managing the CLO.

The post GoldenTree raises $487m for latest CLO appeared first on PE Hub.

]]> Brightwood prices mid-market CLO at $426m https://www.pehub.com/brightwood-prices-mid-market-clo-at-426m/ Thu, 22 Dec 2022 19:26:12 +0000 https://www.pehub.com/?p=20000003664456 This CLO represents the fourth issued by the firm since 2019.

The post Brightwood prices mid-market CLO at $426m appeared first on PE Hub.

]]> PPM America raises $300m for latest CLO https://www.pehub.com/ppm-america-raises-300m-for-latest-clo/ Tue, 20 Dec 2022 19:48:36 +0000 https://www.pehub.com/?p=20000003664308 This is PPM’s sixth CLO since the firm re-entered the CLO market in 2018, and the twelfth CLO in the firm’s history.

The post PPM America raises $300m for latest CLO appeared first on PE Hub.

]]> PE-backed Foodtastic closes C$175m debt facility for acquisitions https://www.pehub.com/pe-backed-foodtastic-closes-c175m-debt-facility-for-acquisitions/ Thu, 15 Dec 2022 14:21:44 +0000 https://www.pehub.com/?p=20000003664125 The lending group is led by National Bank of Canada and includes Royal Bank of Canada, Bank of Nova Scotia, Toronto-Dominion Bank, Canadian Western Bank and the Business Development Bank of Canada.

The post PE-backed Foodtastic closes C$175m debt facility for acquisitions appeared first on PE Hub.

]]> Blackstone Credit ups debt funding for Westland to $1.4bn https://www.pehub.com/blackstone-credit-ups-debt-funding-for-westland-to-1-4bn/ Wed, 14 Dec 2022 13:36:40 +0000 https://www.pehub.com/?p=20000003664068 Following its initial investment in January 2021 and further investment in January 2022, Blackstone Credit has led an additional $200 million commitment.

The post Blackstone Credit ups debt funding for Westland to $1.4bn appeared first on PE Hub.

]]> LBC Credit Partners backs Comvest’s investment in GAI Consultants https://www.pehub.com/lbc-credit-partners-backs-comvests-investment-in-gai-consultants/ Tue, 06 Dec 2022 15:35:48 +0000 https://www.pehub.com/?p=20000003663753 LBC served as administrative agent, sole lead arranger and lender for financing.

The post LBC Credit Partners backs Comvest’s investment in GAI Consultants appeared first on PE Hub.

]]>