News

Gibraltar funded a $2 million line of credit and an $8 million line of credit, respectively, to support the acquisitions of two different staffing companies by experienced industry players.

Independent investment bank Matrix Capital Markets supported the sale of Revere Gas’ propane distribution and rail terminal business to Quarles Petroleum, a provider of residential and commercial fuel.

Permira Credit Solutions III, a subsidiary of European specialist debt investor Permira Debt Managers, acted as sole senior secured lender to healthcare consulting firm Validant.

OnDeck amended and restated its existing $119.7 million asset-backed revolving debt facility with SunTrust Bank as administrative agent and Wells Fargo as paying agent and collateral agent.

Essex Capital Group arranged a $2 million recapitalization for VoltAir Consulting Engineers, a Florida-based mechanical engineering firm.

Dwight Funding provided a working capital line of credit to Credo. The facility will be used to finance inventory as the company adds additional store locations and expands its e-commerce presence.

Alvarez & Marsal Corporate Finance acted as the exclusive financial advisor to NG Holdings Canada on its acquisition of PI Financial for a total cash investment of over C$100 million ($74.117 million).

Golub Capital acted as administrative agent, sole lead arranger and sole bookrunner on a GOLD facility to support Freeman Spogli & Co’s acquisition of CRH Healthcare in partnership with CRH management.

Varagon Capital Partners served as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support InTandem Capital Partners’ acquisition of Pediatric Home Service._x000D_

Financial services firm Perella Weinberg Partners elected six team members to join the firm’s partnership. Those partners will include John Rusty D’Anna, Jason D. Forschler, Jeffrey P. Knupp, Alexander T. Tracy, James R. Wappler and Benjamin G. Wilcox.