News

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of eTERA Consulting by HaystackID.

LBC Credit Partners served as agent and sole lead arranger on an increase to the Albireo Energy senior secured credit facilities. The extra funding will be used to support the company’s acquisition of EMS Technologies.

The ABF Journal offices will be closed Monday, February 18 in observance of Presidents’ Day.

Factoring company Tetra Capital relocated their headquarters to a new office in Draper, UT to accommodate their continued growth.

Ares Management reported its financial results for its fourth quarter and year ended December 31, 2018.

Austin Financial Services closed a $5 million senior secured credit facility for a full-service custom automation and manufacturing company that services the medical and life sciences, consumer goods and aerospace markets.

Super G Capital provided a $2 million bifurcated credit facility to a cloud-based media monitoring and intelligence platform with contracted, recurring revenue.

The AllCap Participation Fund provided a $150,000 direct loan to a communications company specializing in systems, alarms management and contract manufacturing selling primarily to municipal and federal government agencies.

The ABF Journal and abfjournal.com office will be closed on Monday, February 20 in observance of Presidents’ Day.

Ares Capital reported GAAP new income of $153 million, net investment income of $203 million and net realized and unrealized losses of $50 million for the fourth quarter of 2018.