Daily News: July 23, 2013

Triangle Capital Invests $10MM in Water Pik

Triangle Capital announced that it closed a $10 million second lien term loan in Water Pik, an innovator, marketer and supplier of branded oral health and replacement showerhead products.

Triangle Capital invests capital in established companies in the lower middle market to fund growth, changes of control and other corporate events. Triangle offers a wide variety of investment structures with a primary focus on mezzanine financing with equity components.