Lithium Technologies, a San Francisco, CA-based provider of a Social Customer Experience platform, raised $50m in pre-IPO mezzanine financing. Backers included global institutional investors and existing investor New Enterprise Associates (NEA). In addition to the funding, Lithium named former Yahoo! executive Tapan Bhat as Senior Vice President and Chief Product Officer to drive ongoing product […]

Skyline Innovations, a Washington, DC-based provider of solar water heating systems, closed a $2m mezzanine financing. The round was led by CCM US, with participation from DC Community Ventures. The company intends to use the funds to continue to expand. Founded in 2009 and led by Zach Axelrod, CEO, Skyline Innovations provides customers (businesses and […]

HubSpot, a Cambridge, MA-based inbound marketing software firm, has received a $35m mezzanine financing. Backers include a large, unnamed institutional investor, Altimeter Capital, Cross Creek Capital, and existing investors (General Catalyst, Matrix Partners, Scale Venture Partners, Sequoia Capital, Google Ventures,, Charles River Ventures). The company intends to use the funding to hire new people (, […]

UK Finance Online Limited, dba Money Health Check, a Bolton, UK-based business that handles claims from the mis-selling of Payment Protection Insurance Policies (PPI), has raised £1m in mezzanine financing. The funding was provided by The North West Fund for Development Capital (NWFDC), which is managed by YFM Equity Partners. The company intends to use […]

Central Valley Fund’s manager CVF Capital Partners has closed a $100m mezzanine fund. Central Valley Fund II will focus on providing mezzanine debt and equity capital to lower-middle market companies with at least $10m in revenue and $2m of cash flow , which are located across California and the Central Valley. It will consider investments in […]

PubMatic, a Redwood City, CA-based digital media platform for publishers, has raised $45m in mezzanine financing. The round is being led by new investor August Capital, with participation from all existing investors including Draper Fisher Jurvetson, Nexus Venture Partners, Helion Ventures and Silicon Valley Bank. The company intends to use the funds to continue its […]

French private investment firm 123Venture has launched a new mezzanine fund. Led by Partner Philippe Bruneau, Trocadero Capital will invest in unlisted French companies whose value is between €15m and 150m. 123Venture, which will invest €7m in the fund alongside its institutional clients, aims to close the fund at €100m. Founded in 2001 by Olivier […]

Promus Equity Partners has acquired Harwood Heights, Illinois-based manufacturing services provider Quality Control Corp (renamed QCC, LLC). Aldine Capital and First Capital Partners provided mezzanine debt and participated in the equity investment. Cole Taylor provided a senior credit facility. Founded in 1951 by the late Richard C. Michalek, QCC has remained in the ownership of […]

New York Life Capital Partners, a private equity affiliate of New York Life Investments, has closed its third third mezzanine fund at $980m. NYLCAP Mezzanine Partners III, L.P.’s global investor base is represented by public and private pension funds, financial institutions, insurance companies, family offices, select individuals and sovereign pools of capital. The fund will […]

Seattle, WA-based Lakeside Capital Management has held the final close of its second middle-market focused mezzanine capital investment fund, at $240m. GMB Mezzanine Capital II, which has been licensed by the U.S. Small Business Administration (SBA) as a Small Business Investment Company (SBIC), exceeded its targeted size with diversified limited partners, including family offices, regional and […]

Gryphon Investors, a San Francisco, CA-based company that focuses on leveraged acquisitions of, and growth investments in, middle-market companies in partnership with experienced management, has received $7.2m in mezzanine debt financing from Babson Capital Management LLC. The proceeds from the investment will be used for the acquisition of Trinity Consultants (read here), a Dallas-based environmental […]

Maranon Capital, L.P., a Chicago-based provider of mezzanine debt and equity financing for private equity-backed and non-sponsored middle market transactions, completed two transactions to support follow-on acquisitions at two of its existing portfolio companies, T&H Global Holdings and DayMen Group. In November 2011, Maranon Capital expanded its senior revolving credit and term loan facilities and […]

YFM Equity Partners, the UK manager of the £45m North West Fund for Development Capital, has launched its new mezzanine finance product to support growing businesses in the North West that require up to £2m of finance. The MEZZ product is suitable for businesses that need more resources to finance their expansion plans, raise money […]