Capital Southwest supported Align Capital Partners’ recent acquisition of Electronic Transaction Consultants from Italian parent company Atlantia SpA with a revolver, first lien term loan and equity co-investment.
Capital Southwest, a business development company that provides financing to support the acquisition and growth of middle market businesses, reported a total investment portfolio of $587.2 million in fiscal Q1/21, including a credit portfolio of $487.2 million.
The U.S. Small Business Administration issued a “green light” letter inviting Capital Southwest to file its application to obtain a license to operate a small business investment company (SBIC) subsidiary.
Capital Southwest supported Coastal Television Broadcasting Holdings and its affiliates’ recent acquisitions of stations controlled by Wyoming Media Group with term loans and a revolving credit facility.
Capital Southwest supported Osceola Capital’s recapitalization of Central Medical Group with a senior secured first lien term loan, revolver and capex line, as well as a minority equity investment.
Capital Southwest, a provider of financing to support the acquisition and growth of middle market businesses, will withdraw its voluntary redemption of $35 million in principal of the $77,136,175 in aggregate principal amount of issued and outstanding 5.95% notes due 2022.
According to an 8K filed with the SEC, ING Capital served as administrative agent, Hancock Whitney Bank served as assuming lender and Texas Capital Bank served as documentation agent for a $30 million increase to Capital Southwest’s senior secured credit facility.
Capital Southwest provided a revolving line of credit, a first lien term loan, and made an equity co-investment to support Five Points Capital recapitalization of GrammaTech.
Capital Southwest supported DFW Capital Partners recapitalization of Vertex Business Services with first lien financing and an equity co-investment.
Capital Southwest expanded its senior secured credit facility from $270 million to $295 million by executing the accordion feature.