Versa Capital Affiliate Acquired by Thompson Street Capital
BCC Software announced Thompson Street Capital Partners acquired the company from affiliates of Versa Capital Management.
BCC Software announced Thompson Street Capital Partners acquired the company from affiliates of Versa Capital Management.
Versa Capital Management’s affiliates completed the acquisition of the assets and business of artificial heart developer SynCardia Systems, which emerged from Chapter 11 on September 16.
Private equity investment firm Versa Capital Management successfully completed the restructuring and recapitalization of Eastern Mountain Sports and Bob’s Stores.
Vestis Retail Group initiated reorganization proceedings under Chapter 11, securing up to $125 million in DIP financing from its existing lender, Wells Fargo Capital Finance.
Versa Capital Management announced that its portfolio company Bell and Howell has secured a $25 million revolving ABL credit facility from Bank of America.
Versa Capital Management completed the previously announced acquisition of the business of Wet Seal. The company’s operations will be supported by a new $15 million senior facility provided by Crystal Financial.
Versa Capital Management announced that one of its affiliates was declared the winning bidder in the auction for the business of The Wet Seal.
Wells Fargo Capital Finance acted as joint lead arranger on a $180 million senior secured credit facility for Vestis Retail Group to acquire Sport Chalet.
Vestis Retail Group, which is owned by funds advised by Versa Capital Management and comprises Bob’s Stores and Eastern Mountain Sports, announced it has signed a definitive agreement to acquire Sport Chalet.
Monroe Capital announced the funding of a senior secured credit facility to support the spin-off of BCC Software from its former parent, Bell and Howell by private equity sponsor Versa Capital Management.