Daily News: November 28, 2017

Stonegate Capital Closes Investment with Virgo

Stonegate Capital Holdings, a private specialty finance company, received a significant investment from Virgo Investment Group.

Based in Chicago, Stonegate is focused on delivering senior debt capital between $2 million and $15 million to the lower middle market via three primary niches: software businesses, high-growth consumer products and food/beverage companies and mature businesses seeking flexible capital.

“This is a tremendous partnership for us,” said Darren Latimer, CEO and co-founder of Stonegate. “Virgo understands our vision and their investment will help us continue towards our goal of becoming the preeminent lender to both privately owned and sponsor-backed businesses.”