News

Guardian Capital Partners completed the final close of Guardian Capital Partners Fund III, with $282 million in capital commitments.

Travelers Financial Group launched Travelers Restructuring Capital, a transitional capital initiative designed to support small and mid-market businesses that operate in asset-intensive industries.

Keystone Insurers Group and Bain Capital Credit launched Keystone Agency Investors, a platform to acquire and invest in U.S. retail insurance agencies. The platform launches with the objective of deploying at least $500 million of capital over the next several...

During the Q2/20, Capitala Finance received more than $51.1 million in repayments from its portfolio companies, including $17.8 million in full repayment of its debt investments in Flavors Holdings.

The approval percentage for small business loan applications at banks with more than $10 billion in assets rebounded from 11.5% in May to 13.5% in June, according to Biz2Credit Small Business Lending Index.

Wunder Capital partnered with funds managed by Ares Management’s infrastructure and power strategy (AIP), Cyrus Capital Partners and Keyframe Capital to provide financing for more than $100 million in commercial solar loans.

Vernacare, a portfolio company of H.I.G. Capital carved out the infection prevention business from Frontier Medical Group, including the brands Sharpsafe, Clinisafe and eXchange. Terms of the transaction were not disclosed.

Concord Financial Advisors closed four senior debt transactions in Q2/20, including a $21 million senior secured revolving line of credit for a global designer, manufacturer and distributor of armored vehicles.

Crestmark provided more than $57.9 million in financing to 294 businesses in the second half of June, including a total of $16.4 million in ABL financial solutions for 14 new clients.

Hunton Andrews Kurth is advising Hi-Crush (HCR) in its Chapter 11 filing. HCR filed its petition for Chapter 11 protection on July 12 in the Southern District of Texas, listing approximately $600 million in debt.