NXT Capital closed a senior credit facility to finance The CapStreet Group and Ridgemont Equity Partners’ merger of Marco Group International and APE Companies.
Webster Bank and CoBank will provide debt financing to support the merger of ZenFi Networks and Cross River Fiber. The funds will include additional capacity to support future growth.
Barings served as joint lead arranger and NXT Capital was administrative agent for a senior credit facility supporting Ridgemont Equity Partners’ acquisition of HemaSource.
Ridgemont Equity Partners acquired Worldwide Express from affiliates of Quad-C Management. Ridgemont will merge its portfolio company, Unishippers Global Logistics, with Worldwide Express to form a new entity called Worldwide Express Global Logistics.
Ridgemont Equity Partners has formed J5 Infrastructure Partners, a telecom service company created by combining Cortel and TowerCom Technologies. Debt financing was arranged by SunTrust Robinson Humphrey and provided by SunTrust Bank, MUFG Union Bank and U.S. Bank.
Ridgemont Equity Partners announced the closing of an equity investment in The Cook & Boardman Group. Debt financing for the transaction was provided by GE Antares, Ally Corporate Finance, Suntrust, PNC and Triangle Capital.
Ridgemont Equity Partners announced the closing of a majority equity investment in Abrasive Products & Equipment. Debt financing partners included Madison Capital Funding, NXT Capital, TIAA-CREF and Stellus Capital Management.
Ridgemont Equity Partners, a middle-market buyout and growth equity investor, announced the closing of a majority equity investment in J.A.M. Distributing Company, a distributor of lubricants, fuel, base stock and ancillary products.