mezzanine financing

CyberCore Technologies, an Elkridge, Md.-based provider of information technology services to the federal government and intelligence community, has been acquired by Moelis Capital Partners, the PE arm of Moelis & Co. from Roark Capital Group. RBS Citizens, SunTrust Robinson Humphrey and Bank of America provided debt financing while Hancock Capital Partners Investment Management provided the mezzanine […]

Ideal Shopping Direct, a Peterborough, UK-based independent multi-channel retailer, recently has been acquired by Inflexion Private Equity in a £78.3m transaction. The company was delisted from AIM on 23 June 2011. Bayside Credit Partners has provided mezzanine financing to support the acquisition. Ideal sells lifestyle and niche craft and hobbyist products to consumers through TV […]

Orchid Orthopedic Solutions, a global supplier of design and manufacturing services of implants and instruments for the orthopedic and dental markets, has been acquired by Altor Fund III from Churchill Equity. SEB and Proventus Capital Partners provided debt and mezzanine facilities related to the acquisition, which will enable the company to continue to grow organically […]

R2Financial Technologies, a Toronto, Canada-based provider of portfolio risk management solutions, has raised a first round of mezzanine financing from the Business Development Bank of Canada. The company intends to use the funds to further accelerate its growth, and strengthen its product engineering and distribution capabilities. To this end, R2 Financial Technologies announced the addition to its […]

Next Generation Data Limited , a Newport (Wales), UK-based data centre specialist, has received £5m in mezzanine and debt financing from Lombard and Finance Wales. The company intends to use the proceeds from the investment to expand its Newport data centre to meet the increase in demand from the corporate, government and cloud computing sectors. […]

Crown Capital Partners recently held the first close of Norrep Credit Opportunities Fund (NCOF) with initial capital commitments of approximately $75m.  In conjunction with the initial closing of this fund, the Calgary and Toronto-based firm signed a strategic partnership with Hesperian Capital Management Ltd., portfolio manager of the Norrep Group of Funds, whereby the latter […]

Eight Capital, an Indian foreign credit house, is launching a Mezzanine Income Fund to provide capital to high growth companies across the country. The fund will target companies where the mezzanine finance can produce high operating leverage that will boost free cash flows, increase earnings and equity valuations of the companies. The vehicle will be […]

Duke Street has reached an agreement with Lion Capital to acquire wagamama, a London-based chain of Japanese-style noodle bars in the UK. The transaction, whose amount remained undisclosed, is expected to close during this month. Hutton Collins, which already invested in wagamama, has provided supportive mezzanine and equity financing. In addition, GE Capital, Investec and […]

IMCD Group, a Rotterdam, Netherlands-based leader in the marketing, sales and distribution of specialty chemicals, and food and pharmaceutical ingredients, has received a €105m mezzanine financing. The round, which was led by affiliate investment vehicles and accounts advised by KKR Asset Management LLC (KAM), and included leading credit investor Sankaty, was part of the acquisition […]

Achronix Semiconductor Corporation, a Santa Clara, California-based provider of field-programmable gate arrays (FPGAs), held an over $40m first close of a $45m Series C mezzanine financing. The round was led by a syndicate of financial and strategic investors and all of Achronix’s existing investors participated in the financing. The additional $5m will be closed in […]

The Scottish Investment Bank has selected Glasgow-based Maven Capital Partners UK LLP to manage the Scottish Loan Fund. The new fund will target Small to Medium Sized Enterprises (SMEs) with an established operational trading base in Scotland and an annual turnover of more than £1m. Applicant businesses should have sustainable operating profits, positive cash generation […]

Chemical Information Services (CIS), a Dallas, Texas-based provider of information services to the pharmaceutical and chemical industries in more than 140 countries worldwide, has been aquired by glendonTodd Capital LLC, a private investment firm that focuses on middle market technology-enabled business services companies, and other investors. The acquistion, from media company Vendome Group, was supported […]

Morgan Stanley Investment Management has closed its first dedicated corporate mezzanine fund, at $956m. Morgan Stanley Credit Partners L.P. invests in middle and upper-middle market corporations in the context of leveraged buyouts, debt refinancings, recapitalizations and acquisitions across a broad range of industry sectors. The geographic focus of the fund, which has already invested over […]

Pegasus Direct Mail Worx Inc., an Hamilton, ON-based provider of direct mail solutions, has received a $400,000 mezzanine financing from NorthSpring Capital Partners. The proceeds from the financing will enable Dan Schottlander, the former General Manager of Pegasus, and his wife Anne, to complete a management buyout. Pegasus provides its clients with direct mail marketing […]

Maranon Capital, L.P. provided mezzanine debt and equity to Brockway Moran & Partners to support the acquisition of DayMen Photo Marketing LP. DayMen provides innovative bags, backpacks and cases designed to carry and protect photographic, imaging and other electronic equipment such as GPS devices, laptops and tablet computers. Its products are sold in more than […]