Gladstone Capital invested $12 million in POP Radio (d/b/a as InStore Audio Network). Gladstone Capital, together with Alta Communications and certain of POP Radio’s limited partners, provided debt financing to POP Radio to support its acquisition of In-Store Broadcasting Network.

Leonard Green & Partners (LGP) closed the firm’s sixth private equity investment fund, Green Equity Investors VI, (GEI VI). GEI VI substantially exceeded its original target, closing at its hard cap of $6 billion in limited partner commitments along with $250 million from affiliates of LGP.

The Wall Street Journal reported that more than two years after emerging from bankruptcy, CIT is no longer shy about its aspirations to wrangle more financing deals from competing lenders like Wells Fargo and GE Capital.

Tiger Remarketing Services has been tapped to auction 90% of camera-rental specialist Otto Nemenz International’s film-based inventory.

Levine Leichtman Capital Partners announced that two companies of Levine Leichtman Capital Partners IV, Tronair and Global Franchise Group, were recently recapitalized resulting in a significant return of capital to LLCP’s limited partners.

CFO noted in a story today that May was another slow month for M&A transactions in North America caused by “concerns over weakening trends in Europe weighing on growth elsewhere.”

FinSoft and Clear Choice Seminars have announced three versions of the ABL-Help Reference File.

According to the most recent Thomson Reuters/University of Michigan’s Surveys of Consumers report, consumer confidence improved in each of the past nine monthly surveys, rising to its highest level since October 2007. More favorable job and wage prospects were the main factors behind the improved outlook.

Intelliject, a specialty pharmaceutical company, announced that it has entered into a $15 million debt facility with Hercules Technology Growth Capital to enable Intelliject to accelerate the development of key pipeline products.

Pardot received a line of credit from Silicon Valley Bank. The financing supports the continued growth of the small business-focused marketing automation vendor.