Maranon Capital Promotes 18 and Adds Fallon to Operations Team
Maranon Capital, an investment firm focused on private credit investments, promoted 18 professionals and added Patrick Fallon to the operations team.
Maranon Capital, an investment firm focused on private credit investments, promoted 18 professionals and added Patrick Fallon to the operations team.
Maranon Capital appointed Nathan Cattell, Matthew Doherty and Prachi Patel as portfolio analysts on its portfolio team and Jason Pisarski as a marketing associate for its capital raise team.
An investor group led by Cross Rapids Capital acquired Wholesale Produce Supply, a fresh produce logistics and inventory management solutions provider. The investor group also includes The Baupost Group, among others. Maranon Capital provided the debt financing for the transaction.
Maranon Capital added five members to the firm’s investment and portfolio teams. Christian Jacobs has joined the firm’s investment team as an analyst and Daniel Figliulo, Quinn Gaughan, Gregory Hulse and Jacqueline Trujillo joined the portfolio team as portfolio analysts.
Maranon Capital closed its first SBIC fund, Maranon Mezzanine Fund III-B. The fund is Maranon’s third commingled investment vehicle that targets unitranche, mezzanine and equity co-investments in businesses with $3 million or more of EBITDA.
Maranon Capital served as administrative agent on a senior credit facility to support DirectPath’s merger with Flores & Associates. Both organizations are portfolio companies of Century Equity Partners.
Maranon Capital was joint lead arranger for a senior secured credit facility to support Comvest Partners’ acquisition of Engage2Excel.
Maranon Capital closed its third collateralized loan obligation (CLO), Maranon Loan Funding 2018-1. The $625 million middle-market CLO was arranged by Wells Fargo Securities.
Mykel Kilgore joined Maranon Capital as a portfolio analyst. In this role, Kilgore will primarily work with Maranon’s underwriting and loan operations teams to manage new and existing investments.
TCF Capital Funding provided $17.8 million in secured financing to support Knox Capital Holdings and Maranon Capital in the recapitalization of HaystackID.