Abacus Finance served as administrative agent and sole lender on $17 million in debt financing to support of Altus Capital Partners’ leveraged buyout of ChoiceSpine.
Abacus Finance Group served as administrative agent and sole lender for $18 million in senior secured credit facilities. The facilities will be used to support Altus Capital Partners’ take-back private/leveraged buyout of MGC Diagnostics.
Private equity firm Altus Capital Partners promoted three key members of it investment team. Thomas R. Groh, Nick A. DeMarco and Joshua M. Tesoriero were promoted to partner, vice president and senior associate, respectively.
Atlus Capital Partners announced the acquisition of GED Integrated Solutions, a fully integrated insulating glass and vinyl window fabrication, machinery systems and software solutions provider.
Altus Capital Partners announced the closing of the sale of Thermafiber to Owens Corning. Sale of the transaction was represented by BB&T Capital Markets.
Altus Capital Partners said it acquired manufacturer Rocla Concrete Tie. The financing was not disclosed. The sellers were AH Belco S.A., a Belgian holding company and were advised by CoView Capital.
Private investment firm Altus Capital Partners announced it has hired Scott Johnson, Mike Barry and Joseph A. Melo to add depth to its investment and support teams in CT and IL.