CFO: Cheap Debt Drives Up LBO Valuations
CFO reported that despite a sluggish M&A market, leveraged buyout valuations hit their highest level in more than a year in June.
CFO reported that despite a sluggish M&A market, leveraged buyout valuations hit their highest level in more than a year in June.
Dell announced in a special meeting of stockholders was convened and adjourned to provide additional time to solicit proxies from shareholders. The committee will reconvene on July 24.
Triangle Capital announced it closed a $15 million investment in Applied Consultants consisting of subordinated debt and equity.
According to the Federal Reserve’s recently released Beige Book, overall loan demand increased modestly across most of the twelve reporting districts, while credit quality showed slight to moderate improvements.
Livingstone acted as exclusive financial advisor to EnAqua Solutions in its growth capital raise. The financing allows EnAqua to expand its capacity and secure additional waste water hauling contracts.
Optimism for the nation’s economic outlook among U.S. business leaders rose to the highest level recorded since 2005, according to the latest Grant Thornton International Business Report.
Oxford Finance said it closed a $12.15 million term loan with Mason Health. The proceeds of the loan are being used to purchase a rehabilitation and care center in Georgetown, TX.
Monroe Capital LLC said it funded a $20.5 million unitranche credit facility to support the growth of an online retail firm.
Former Thomas Weisel Asset Management leader, Henri Moudi, announced the launch of Mission Creek Capital Partners, an independent investment advisory firm focused on providing private equity distribution management and investment advisory services.
Main Street Capital closed a new portfolio investment totaling $7 million of invested capital in Garreco. The investment consists of $5.8 million term debt and a $1.2 million direct equity investment.