mezzanine financing

CollabNet, a Brisbane, CA-based provider of cloud-based Agile application lifecycle management (Agile ALM) solutions, has received $5m in venture debt financing from Leader Ventures. CollabNet will use the funds to further develop its solutions for distributed development teams and to keep its market position in distributed application lifecycle management. The company’s flagship product, CollabNet TeamForge, […]

A $450m partnership has started investing in Florida-based small to mid-sized businesses. The Orlando, Fla.-based Florida Mezzanine Fund is a joint venture between over 50 Florida investors who previously formed Gator Mezzanine Fund, and CapitalSouth Partners, a Charlotte, N.C.-based mezzanine fund that provides private equity and mezzanine capital to lower middle-market companies. Florida Mezz will […]

BOX-IT, a Winchester, UK-based document storage company, has received a £2m investment from Octopus Ventures. The investment was made through the Government-backed Octopus Capital for Enterprise Fund (OCfE), which was set up to support fundamentally sound businesses with existing cash flows and genuine growth potential but which are currently unable to access the funding they […]

PrismTech, a Dunfermline, UK-based advenaced communications software developer, has secured £1.5m in financing from Maven Capital Partners, which manages the government-backed Capital for Enterprise (CfE) Fund. The company, which provides solutions for international customers in Software Defined Radio (SDR), Telecommunications and Data Communications, Defense and Aerospace, Financial Services, SCADA and Utilities Systems, will use the […]

The European Bank for Reconstruction and Development (EBRD) is investing up to €50m in a new investment fund, Accession Mezzanine Capital III L.P (AMC). The fund, which is raised by Mezzanine Management Central Europe Limited (MMCE), will focus on supporting private equity-backed acquisitions with mezzanine capital, as well as providing additional financing to enterprises with […]

Glam Media, Inc., a media company that connects brand advertisers with targeted audiences online, raised approximately $50m in Series E private equity mezzanine funding round. The funds will be used to build a Digital Media Technology Center, expand internationally and for strategic acquisitions. The round is led by Aeris CAPITAL with existing Series D Investors […]

LBC Credit Partners, a provider of financing solutions to middle market companies, announced the closing of LBC Credit Partners II, L.P. (LBC II), with $645m of committed capital . LBC II, which surpassed the original target of $400m, follows the firm’s $300m fund I, established in 2005.  The firm was backed by its existing investor […]

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, promoted Richard T. Jander to Managing Director effective January 1, 2010. Mr. Jander will continue to have responsibility for marketing and transaction origination. He joins L. Thomas Gregory, Ian M. Larkin, Demian Kircher, Gregory […]

Carbonite, Inc., a Boston, MA-based provider of online backup, has closed a $20m mezzanine funding round, which brings the total amount of financing that the company has raised to date to approximately $67m. The round was led by Crosslink Capital, with participation from all existing investors, including Menlo Ventures, Performance Equity, and Common Angels Fund. […]

Allen Brothers, Inc., a Chicago-based supplier of USDA Prime grade beef, has received $7.1m in mezzanine financing from Advantage Capital Partners. As stated by Mark B. Lewis, principal at Advantage Capital, the investment was made in connection with the Illinois New Markets Development program and the federal New Markets Tax Credit program, both designed to […]

Allegiance Capital Corporation, a middle-market private investment banking firm, announced the sale of Meriden, CT-based Connecticut Color, Inc., a commercial printer and direct mail leader, to Bradford Equities Management, LLC. Under the agreement, White Plains, NY-based Bradford Equities Management acquires controlling interest in Connecticut Color. These new partnership plans to continue the growth and performance […]

Syntaxis Capital, a Vienna and Warsaw-based mezzanine capital provider, announced the first closing of its second Central European mezzanine fund, with aggregated commitments of €140m, just over half its targeted amount. Syntaxis Mezzanine Fund II follows on the firm’s main fund which reached the final closing at the end of 2008, which collected under €120m, […]

Praesidian Capital, a provider of mezzanine capital for small and mid-sized companies, has committed $4m of senior secured debt to Bridge Capital Solutions Corporation, a Long Island-based licensed commercial check casher. Bridge Capital provides liquidity to local businesses to fund working capital needs by bridging the gap between customers’ payments and the availability of those […]

Epic Production Technologies, a provider of lighting systems for concert tours, theatrical productions, and corporate and special events throughout North America has received a $1.5m subordinated debt investment from Praesidian Capital Investors, a leading provider of mezzanine capital for small and mid-sized companies. Epic was formed in September 2008 through the merger of Q1 Production […]