Sikich Investment Banking announced it has completed a recapitalization of FiberLink, an owner of regional fiber optic routes. Sikich served as the exclusive placement agent to FiberLink, securing financing from Bridge Bank.
The Commercial Finance Conference of California (CFCC) announced that Juval Aviv, a retired major in the Israeli Defense Force and president and CEO of the international corporate investigations firm Interfor will be the keynote speaker at its February event.
Continued fallout from the sovereign debt crisis in the euro-zone, persistent unemployment, increasing social unrest and governments’ efforts to find effective solutions cast a long shadow over CFOs’ expectations in Q4/11, according to the most recent Deloitte CFO Signals survey.
Hercules Technology Growth Capital announced its fourth quarter 2011 portfolio update. The company originated loan commitments of approximately $165 million and closed total loan commitments of approximately $630 million, an increase of over 20% from 2010.
GE Capital, Franchise Finance provided $18 million to Feast Foods, a Jack in the Box franchisee. The financing includes a $16.3 million term loan for the acquisition of 51 Jack in the Box units and a $1.7 million development line of credit.
Emtec, a systems integrator, has refinanced its existing credit facility with PNC Business Credit. In addition, the company announced an additional $3 million mezzanine investment by Peachtree Equity Partners.
LBC Credit Partners is serving as administrative agent for a bifurcated lien term loan to American & Efird (A&E). The facility was used primarily to repay debt incurred in connection with last October’s acquisition of A&E by KPS Capital Partners.