CIC Partners, a Dallas-based investment firm specializing in early stage, late stage and middle-market investments, received a $20m credit facility from Square 1 Bank.
The proceeds from the facility will support efforts to bridge the timing between the receipt of capital call proceeds and portfolio investments, payment of management fees and other fund related expenses.
Led by Fouad Bashour, Marshall Payne, Michael Rawlings, and Amir Yoffe, CIC Partners is a middle-market private equity firm that invests in growth-oriented companies in the food, restaurant, healthcare and energy industries.
CIC manages the personal capital of its investment team, operating partners and strategic investors and seeks to partner with owner-operators, founders and management teams.
FinSMEs
12/05/2017