REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Kayne Anderson Mezzanine Partners (KAMP), the Kayne Anderson Capital Advisors‘ first general industry mezzanine fund, held its final close raising a total of $600m. The fund focuses on providing mezzanine capital to both private equity sponsored and unsponsored middle-market companies across a wide variety of industries. To date, the vehicle has made six portfolio investments […]
CapMan Plc has established its fifth mezzanine fund CapMan Mezzanine V. The new vehicle, which will invest in mid market companies based in the Nordic region and controlled by CapMan Buyout IX fund, has that has held its first closing at €60m. Its target size is at €150m. The portfolio companies typically have enterprise values […]
Fondo Italiano di Investimento, the mezzanine and private equity fund created by the Italian Government in order to support the development of small and medium sized enterprises across the country, has been officially authorized by Banca d’Italia. Founding investors in the fund include Cassa Depositi e Prestiti, Associazione Bancaria Italiana (ABI), Confindustria and private banks […]
Envivio, a South San Francisco, CA-based provider of solutions for video-over-IP delivery, has secured $15m in mezzanine investment from venture capital and banking sources. The proceeds from the financing will enable the company, which is is experiencing 100% year-over-year sales growth, to continue to extend its position in the Video over IP market. To reinforce […]
Argos Soditic, Paris, Milan and Geneva-based private equity firm, has held the first close of its new fund, Argos Expansion, at €45m. The fund will make its first investments while continuing to raise funds from French and European limited partners, with a final target of €120m. Investors in the fund include the European Investment Fund […]
Remote DBA Experts, LLC, a Pittsburgh, PA-based provider of remote database management services, closed a mezzanine financing transaction with F.N.B. Capital Corporation, a subsidiary of F.N.B. Corporation (NYSE: FNB). The proceeds from the financing will be used to facilitate the leveraged spinout of Remote DBA Experts from its parent company, Contemporary Technologies, Inc., and to […]
Archive Systems, Inc., a Fairfield, NJ-based provider of integrated document process management services, has received an investment led by NewSpring Mezzanine, the dedicated mezzanine fund of NewSpring Capital. The capital infusion will enable the company to strengthen its position as a market leader. Archive Systems currently serves approximately 1,000 customers in both the physical and […]
Flat Out Crazy Restaurant Group, the Chicago-based parent company of Stir Crazy Fresh Asian Grill and FlatTop Grill restaurants, has completed a $3m Senior Revolving Credit Facility by U.S. Bank (NYSE:USB) and a $5m Mezzanine Growth Loan by The HillStreet Fund IV. These deals add to the $4m in equity raised with the August 2009 […]
Maranon Capital, L.P., a provider of senior financing, mezzanine debt and equity co-investments for private equity-backed and non-sponsored middle market transactions, announced the final close of Maranon Mezzanine Fund, L.P. at $207m. Commenting on the close, Tom Gregory, Managing Director and Co-Founder of Maranon Capital, was quoted as saying: “In a very challenging fundraising environment, […]
The TharpeRobbins Company, Inc., a Statesville, NC-based manager of reward and recognition programs, has recieved an undisclosed sum of senior and mezzanine financing from Maranon Capital, L.P. as well as an equity financing from Maranon and Gridiron Capital, LLC. TharpeRobbins, formed in 2007 through the merger of The Tharpe Company, founded in 1981, and The […]
Integrated DNA Technologies, Inc., a Coralville, Iowa-based supplier of custom nucleic acids in the United States, serving academic, government, and commercial researchers in biotechnology, clinical diagnostics, and pharmaceutical development, has received $12.0m of senior subordinated debt from Golub Capital. The funds will be used to support the recapitalization and ongoing growth of the company. IDT’s […]
Quidsi Inc., the Jersey City, NJ-based operator of Diapers.com, an online baby care specialty site in the United States, closed a $20m round of mezzanine financing. The financing was led by Pinnacle Ventures, a private venture capital fund focused on providing debt and equity financing to early-stage companies. This funding will help support the ongoing growth of […]
Ashton Potter Security Printing, a Buffalo, NY.-based high security printing company, received a $6.5m mezzanine financing from F.N.B. Capital Corporation, a merchant banking subsidiary of F.N.B. Corporation (NYSE: FNB). The funds will be used to refinance the existing balance sheet and allow the company to pursue growth opportunities. Commenting on the deal, Barry Switzer, President […]
The Italian Government launched a new €1bn fund aimed at supporting Italian SMEs. The Italian Investment Fund for Small and Medium Sized Enterprises will invest in high-growth companies with €10m to €100m in turnover. The 15-year fund will act through: – direct equity investments; – direct quasi equity investments; – co-investments in companies alongside with […]
PresGlas, a Cambridge (Ontario), Canada-based supplier of compression molded noise control and thermal insulation components, has received $550,000 in mezzanine financing from Northbridge Capital Partners (NCP). The company, a division of Camali Industries (NA) Inc., will use the funds to meet the increased and potential demand from existing and new customers. Major industries and markets […]