SSG Advises Edgmont Golf Club On Exit Financing, Asset Sale

April 27th, 2016
SSG Capital Advisors acted as investment banker to Edgmont Golf Club and Country Club in the placement of exit financing and in the sale of substantially all of its assets to Ridgewood Real Estate in partnership with Angelo, Gordon & Company. The exit financing and subsequent sale were executed through a Chapter 11 bankruptcy plan of reorganization, which was approved by the Bankruptcy Court in August 2015 and closed in March 2016. Go here to see the original: SSG Advises ...

Monroe Capital Supports Z Capital Partners Twin-Star Buy

April 27th, 2016
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior term loan to support the acquisition of Twin-Star International by private equity sponsor, Z Capital Partners. Delray Beach, FL-based Twin-Star designs, manufactures and markets a broad line of decorative electric fireplaces, heaters, home furnishings and consumer electronics Link: Monroe Capital Supports Z Capital Partners Twin-Star Buy
Posted under: Business capital equity loan

Fifth Street’s Q2/16 Capital Markets Outlook

April 27th, 2016
Volume Declines Dramatically Totaling just $7.33 billion, sponsored middle market loan volume reached a six-year low in the first quarter — exceptionally weak even when viewed against the traditional seasonal pattern of lighter volume. On the heels of a sluggish year in 2015, we remained cautious in our outlook for the new year; yet, volume dropped more precipitously than expected See original here: Fifth Street’s Q2/16 Capital Markets Outlook

Maranon Capital Supports Riverside Company’s Momentum Group Buy

April 27th, 2016
Maranon Capital was agent for a mezzanine debt investment to support the purchase of Momentum Group by The Riverside Company. Maranon was also a co-investor in the equity for the transaction. Irvine, CA-based Momentum Group provides exclusive, design-focused sustainable textile products for diversified office, hospitality, healthcare and university end markets. Go here to see the original: Maranon Capital Supports Riverside Company’s Momentum Group Buy

Yukon Partners Management Adds Furey as Partner in Boston

April 27th, 2016
Michael Furey has joined Yukon Partners Management ‘s Boston investment team as a partner. Furey will work with founding partners Michael Hall and William Dietz and the firm’s investment professionals in sourcing and evaluating new opportunities and providing operational expertise and counsel to sponsor partners. Before joining Yukon, Furey was a partner at Halyard Capital, a private equity firm that focuses on control and junior capital investments in business services, media and communications companies. Continue reading here: Yukon Partners ...

Oxford Finance Supports Diversis Capital Acquisition

April 26th, 2016
Oxford Finance closed a senior credit facility with Diversis Capital, a private equity firm focused on acquiring and growing small- and middle-market companies. Oxford was the sole lender and administrative agent for this transaction. Funds were used to acquire Caligor Rx, a provider of comparator drugs for clinical trials Original post: Oxford Finance Supports Diversis Capital Acquisition