Solifi, a global fintech software partner for secured finance, announced that it will receive a majority investment from TA Associates ("TA"), a leading global private equity firm. This transaction will accelerate Solifi’s growth by supporting...
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October 09, 2024, 07:10 AM
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Citigroup and Apollo entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to...
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September 30, 2024, 07:10 AM
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BlackRock and Santander announced the signing of a memorandum of understanding (MoU) by which funds and accounts managed by BlackRock will invest up to US$1 billion per year in select project finance, energy finance, and infrastructure debt...
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September 30, 2024, 07:05 AM
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Clarus Capital closed a $10 million loan facility for a leading private equity-backed transportation services provider. The financing will facilitate the acquisition of new specially outfitted vehicles to fulfill requirements under the company’s...
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September 18, 2024, 07:02 AM
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Clarus Capital successfully closed a $2.5 million sale-leaseback financing for a developer and manufacturer of specialty chemicals. This financing will generate working capital, reinforcing liquidity, and supporting the chemical manufacturer’s annual...
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September 03, 2024, 08:00 AM
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Citizens served as the exclusive financial advisor to GHK Capital Partners LP, a middle-market private equity firm based in Greenwich, CT, on its acquisition of NY-based Horizon Group.Founded in 2018, GHK is a leading middle-market private equity...
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August 28, 2024, 06:00 AM
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Ares Management Corporation announced that funds managed by its Credit Group closed approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately $38.3 billion in direct...
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August 05, 2024, 07:05 AM
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Ares Commercial Finance (“ACF”) announced it is marking 10 years as the commercial finance platform of Ares Management. The evolution of the platform began with the acquisition of Keltic Financial Services, LLC in 2014 and was further augmented with...
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June 11, 2024, 07:05 AM
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Private equity entered 2024 ready to shop, and a study released by Citizens reveals many business leaders may be open to making a deal.
Nearly three quarters (72 percent) of small- and mid-size businesses in the U.S. view the private equity industry...
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April 03, 2024, 07:18 AM
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Lafayette Square, a national investment platform, provided financing to support the growth of Marshall & Stevens. Marshall & Stevens is a leading provider of independent valuation and advisory services, providing multi-disciplinary solutions for...
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February 26, 2024, 07:00 AM
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U.S. Bank has launched a new division dedicated to serving private capital firms and global asset managers.The Private Capital and Global Asset Management division brings together all parts of the bank that currently serve more than 200 private...
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February 23, 2024, 07:05 AM
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Clarus Capital announced it has completed two new equipment backed credit facilities for private equity owned firms serving the commercial aerospace industry.Clarus’ transaction team was led by Director of Originations Jarrod Hicks. “It was a...
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August 16, 2022, 07:09 AM
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Arena Investors and Encina Lender Finance (“ELF”) closed a $300 million credit facility (which includes an accordion feature) for Arena’s Corporate Private Credit business segment, which provides capital to privately-held companies.Arena has a track...
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March 24, 2022, 07:00 AM
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Middle-market companies and private-equity firms foresee an extremely strong year for the M&A market in 2022, with bullish forecasts for both deal volumes and for company valuations, according to a Citizens survey of 400 leaders at U.S. middle market...
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January 24, 2022, 07:12 AM
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Odessa, an asset finance software provider, announced an investment from Thomas H. Lee Partners, L.P. (THL), a private equity firm that invests in growth companies. Odessa’s architecture and design approach set it apart from existing equipment...
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September 15, 2021, 07:20 AM
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Corcentric announced a significant minority growth equity investment from New York-based private equity firm, Bregal Sagemount. The $80 million capital raise will support Corcentric’s product innovation and solution integration efforts as the company...
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May 07, 2020, 07:10 AM
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An affiliate of Variant Equity Advisors, LLC (Variant Equity) announced the completed acquisition of Coach USA and Coach Canada, in which Wells Fargo Capital Finance (WFCF), a unit of Wells Fargo Commercial Capital, acted as administrative agent...
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June 06, 2019, 07:15 AM
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Hitachi Solutions America, Ltd. has announced Engage for Asset Management and Engage for Private Equity – products re-engineered specifically for Microsoft Dynamics 365. The Engage product line enables financial institutions to quickly customize and...
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February 14, 2019, 07:10 AM
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Flex Fleet Rental, a provider of medium-term truck rentals to commercial customers, announced it has completed a strategic transaction with Waterfall Asset Management's private-equity platform. TRP Capital Partners, a transportation-focused...
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February 12, 2019, 07:15 AM
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Alternative investment managers (Alt-IMs) have become increasingly active investors in the aircraft leasing industry as they seek to deploy capital into a growing sector that could provide attractive investment returns. However, Fitch Ratings notes...
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February 04, 2019, 07:15 AM
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People's United Bank, N.A. a subsidiary of People's United Financial, Inc. has bolstered its commercial banking capabilities with the formation of Franchise Finance, Technology/Private Equity Finance and Not-For-Profit Finance teams. Three senior...
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August 30, 2018, 07:25 AM
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Encina Equipment Finance announced that it has provided a $10 million equipment lease line to a private equity-backed industrial services company. The facility is being used to finance certain existing unencumbered assets and to provide for new...
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January 25, 2018, 07:10 AM
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Driven by robust Venture Capital (VC) funding, an increase in deal value, and strong performance by the Private Equity sector, investments in U.S. fintech companies nearly doubled during Q3 ’17 to $5 billion, up from $2.6 billion in Q2 ’17, according...
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November 09, 2017, 07:02 AM
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CIT Group announced the appointment of Kenneth Caffrey and Michael Cavounis as managing directors of the Sponsor Finance Group. In these positions, Caffrey and Cavounis will facilitate the growth of the Sponsor Finance Group's portfolio. They will...
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October 20, 2017, 07:10 AM
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SunTx Capital Partners, a Dallas-based private equity firm that invests in middle market manufacturing, distribution and service companies, announced that it has acquired a majority equity interest in Freedom Truck Finance, a commercial specialty...
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September 08, 2017, 07:30 AM
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ACG New York, the largest association of middle-market deal -making professionals in New York, announced the results of its Mid-Year Middle-Market Survey. According to the results, 52 percent of those polled believe that the Trump administration...
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July 26, 2017, 07:15 AM
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U.S. venture capital (VC) investment in fintech companies rose to $1.2 billion in Q1’17, driven by late-stage deals, which reached the highest activity since Q1’16, according to KPMG International’s Q1 2017 The Pulse of Fintech report. Non-VC fintech...
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April 28, 2017, 07:05 AM
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Total funding for U.S. fintech companies and deal activity dropped significantly in 2016, down to $12.8 billion from $27 billion in 2015, a result of political and regulatory uncertainty, a decline in megadeals and investor caution, according to...
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February 23, 2017, 07:10 AM
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Warburg Pincus, a global private equity firm focused on growth investing, announced that funds affiliated with the firm have agreed to acquire Ascentium Capital, the third largest private-independent equipment finance company in the U.S. by...
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October 05, 2016, 07:20 AM
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Reuters reported that General Electric is prioritizing the sale of businesses that provide lending to U.S. and European private equity firms, and to healthcare-related businesses, GE Capital's top executive said on Wednesday.Reuters reported that...
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May 28, 2015, 07:07 AM
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For middle market companies in the energy sector, opportunities for growth are abundant due to an increase in U.S. gas and oil production. Companies providing supporting services, such as technology and equipment to more economically and efficiently...
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October 15, 2014, 06:55 AM
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Private equity firms are racing to beat the fiscal cliff and have increasingly accessed the debt markets this year as readily available capital has allowed them to refinance and recapitalize their portfolio companies, so much so that it’s driving...
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December 14, 2012, 07:11 AM
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CIT Group announced that it provided a senior secured credit facility to Odyssey Investment Partners, a leading middle-market private equity firm, to support its acquisition of L-com, Inc., a global designer and manufacturer of wired and wireless...
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September 05, 2012, 06:32 AM
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Babson Capital Management LLC (Babson Capital), a global investment manager with $149 billion in assets under management and operations on four continents, today announced it has formed a new Chicago-based Middle Market Lending Group to provide...
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July 31, 2012, 06:41 AM
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The Alta Group, a global consultancy, provided market research and equipment finance industry insight to CI Capital Partners, a New York-based private equity firm to support CI Capital’s acquisition of Total Fleet Solutions (TFS) of Holland, Ohio....
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July 17, 2012, 06:45 AM
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Results of the first quarter Phoenix Management “Lending Climate in America” Survey signal that lenders’ expect private equity regulation will occur despite the outcome of the presidential race.More than half (57%) of lenders responded that...
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May 03, 2012, 06:30 AM
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