Daily News: April 23, 2014

The PrivateBank Provides Energes Services Financing

The PrivateBank announced it has extended $8 million in credit facilities to Energes Services, a provider of a variety of oilfield construction and maintenance services to exploration and production firms.

Energes Services is a portfolio company of Arcade Capital and Vintage Capital Partners.

Founded in 2007, Arcade Partners is a West Hartford, CT-based private equity firm that considers seed investments, as well as restructurings, special situations, buyouts and acquisitions.

Orlando, FL-based Vintage Capital Partners is an operations-focused, private- and public-equity investor specializing in the aerospace and defense, manufacturing and consumer sectors.