Medalist Partners Delivers $20MM Credit Line to Car Capital
Car Capital, an automotive fintech company, closed a $20 million credit line with Medalist Partners.
Car Capital, an automotive fintech company, closed a $20 million credit line with Medalist Partners.
Cross River, a technology-focused financial services organization and banking-as-a-service provider, delivered a $50 million debt facility to SeedFi as part of a new partnership between the two companies.
According to a new survey of 112 private credit industry professionals conducted by Katten in February, 91% of investors and 80% of lenders expect deal flow to increase this year and are optimistic about several deal categories and sectors.
Comvest Partners made an investment in Leixir Dental Group, a technology-enabled provider of outsourced dental solutions serving both independent dentists and dental service organizations as well as technology and distribution companies.
Jack Bannister joined SVB Leerink’s equity capital markets franchise as a managing director. He will partner with healthcare and life sciences companies to raise capital and position them for success in the public markets.
Palladium Equity Partners, a middle market private equity firm with nearly $3 billion in assets under management, named Nancy A. Mitchell chief administrative officer, a newly-created position.
Capital Southwest appointed Ramona Rogers-Windsor a new independent member of its board of directors. Rogers-Windsor is a senior finance executive with more than 38 years of experience across multiple segments of the financial services industry.
A subsidiary of Ares Management entered into a definitive agreement with a subsidiary of BrightSphere Investment Group and Landmark Investment Holdings to acquire 100% of Landmark Partners. The transaction is valued at $1.08 billion.
Guggenheim Investments appointed Dina DiLorenzo and David Rone co-presidents of the company and managing partners of Guggenheim Partners. In addition, Anne Walsh was named a managing partner of Guggenheim Partners and Jerry Miller was appointed vice chairman of the Guggenheim Investments board.
Horizon Technology Finance Management entered into an agreement with Waterfall Asset Management to originate and manage a venture debt portfolio. Horizon will originate and manage an initial commitment of $100 million, with the potential to increase to $300 million over time.