Ares Capital Closes 30 Transactions at $1.3B in Q3
Ares Capital said in the third quarter it closed 30 transactions investing more than $1.3 billion across a variety of industries including healthcare services, energy, aerospace and defense.
Ares Capital said in the third quarter it closed 30 transactions investing more than $1.3 billion across a variety of industries including healthcare services, energy, aerospace and defense.
Gemino Healthcare Finance announced it has provided a $5 million secured revolving line of credit to VNA California. The proceeds are being used for working capital purposes.
Novatel Wireless announced the successful closing of a new five-year $25 million revolver with Wells Fargo Bank.
DayMen Group reached an agreement with stakeholders to recapitalize the company and invest capital. Senior lenders, led by GE Antares as administrative agent, and management, will become shareholders. In conjunction with the agreement, DayMen approved a $10 million revolver.
NewStar Financial, GSO Capital Partners and Franklin Square Capital Partners announced a strategic relationship to expand NewStar’s lower middle market lending and asset management activities.
AlixPartners announced it is acquiring New York City-based Evidence Exchange to expand the firm’s global e-discovery and litigation-support practice.
The PrivateBank extended $7.9 million in facilities to Cozzi O’Brien Recycling.
Marc L. Hamroff announced Debra P. Goldberg joined the firm as of counsel, expanding the transportation finance group with a new area of practice in the aviation finance sector.
Gulf Coast Business Credit recently provided a $1.2 million working capital facility to a Louisiana-based food processing company.
Crestmark secured a total of $10.669 million in financial solutions for six new clients in the second half of October.