Private Companies Embrace Innovation to Meet Growth Objectives
According to a recent PwC U.S. study, U.S. private companies are embracing innovation to help them fulfill their growth agendas.
According to a recent PwC U.S. study, U.S. private companies are embracing innovation to help them fulfill their growth agendas.
PE-Nexus announced that its intelligent deal network facilitated $4.5 million in series A funding for media software company Levels Beyond by TVC Capital.
Atlas Partners announced that one of its affiliates made an equity investment in ScrollMotion, a SaaS provider of sales and marketing programs and data for business-oriented table applications.
Capital One said it has increased its lending activity in the U.S. security industry in H2/12 as its Commercial and Specialty Finance Security team closed six transactions, representing more than $100 million in commitments.
MCG Capital closed two follow-on investments aggregating $10.1 million in Community Intervention Services to support its acquisition of Access Family Services and Family Behavioral Resources. MCG’s investments were subordinated term loans.
CIT said it has arranged and syndicated a senior secured credit facility to support the growth strategy of Dallas-based Medsurant Holdings.
The Wall Street Journal notes that a surge in loans to businesses is raising worries that lenders are competing so aggressively that some will pay for their largess down the road.
Bloomberg reports that if the FDIC has its way and applies stricter accounting standards for derivatives and off-balance-sheet assets, it would make the banks twice as big as they say they are.
Business development company Golub Capital announced it has increased the size of its term debt securitization by $50 million.
Hackman Capital acquired Catalyst Paper’s closed Snowflake, AZ paper mill and certain other assets. Hackman led a consortium of investors which included Hackman Capital Equipment Fund, PPL Group, Capital Recovery Group, Rabin Worldwide and Aztec Land and Cattle Company.