Daily News: January 13, 2015

F.N.B. Closes Mezz Financing for White’s Holdings Recap

F.N.B. Capital Partners (FNBCP) announced the closing of a mezzanine debt and equity investment in White’s Holdings. White’s is an oilfield services company with the majority of operations based in Washington, PA. Calvin White and his management team partnered with several investors including FNBCP, Ridge Capital and Kayne Anderson on the recapitalization.

White’s is the thirteenth transaction since the fund was launched in August 2013.

White’s Holdings is comprised of White’s Equipment Rental, Crossfire Production Services and White’s Welding.