Capital Southwest supported the acquisition of Binswanger Glass by Wingate Partners with a $44.2 million first lien term loan. Main Street Capital was a co-investor in the loan.
Capital Southwest invested $8 million of an $18 million first lien term loan to LRI Energy Solutions, a portfolio company of DFW Capital Partners. Alcentra Capital was agent on the deal.
Capital Southwest served as sole administrative agent and investor in a $13 million term loan to Amware Fulfillment, a portfolio company of Rotunda Capital Partners.
Capital Southwest announced I-45 SLF, a joint venture with Main Street Capital, closed on a $75 million credit facility with Deutsche Bank, acting as administrative agent on the deal.
Capital Southwest committed $21.8 million in new credit investments for the quarter ended September 30, 2015, including $7.5 million to Freedom Truck Finance.
Capital Southwest announced the formation of a joint venture with Main Street Capital to form a senior loan fund that will invest primarily in syndicated senior secured loans in the upper middle market.
Capital Southwest said it appointed Michael S. Sarner as SVP. Following an announced spin-off transaction, Sarner will be appointed CFO of the company’s business development company.
Capital Southwest led a $16 million placement of secured subordinated notes in Winzer. Capital Southwest funded $8.1 million of the facility and will act as administrative agent.