Salus Provides $1.5B in Commitments Since Inception
Salus Capital Partners is celebrating its third anniversary in November. Since inception, Salus has provided more than $1.5 billion in loan commitments.
Salus Capital Partners is celebrating its third anniversary in November. Since inception, Salus has provided more than $1.5 billion in loan commitments.
Cache entered into a new, three-year $30 million revolver with Salus Capital Partners. The new facility replaces the company’s existing $25 million revolving credit facility with Wells Fargo Bank.
Salus Capital announced it agented a $49 million senior secured DIP facility to Kid Brands. Sterling National Bank is a participating lender in the DIP facility.
Kid Brands said it plans to pursue a sale of the company that will be facilitated through a Chapter 11 filing. Existing lenders Salus Capital and Sterling National Bank has committed to provide $49 million in DIP financing.
Salus Capital Partners announced that Andrew H. Moser, president and CEO, received the EY Entrepreneur Of The Year 2014 Award for the Financial Services category in the New England Region.
Salus Capital Partners provided a $17.5 million senior-secured credt facility to Calypso St. Barth. The facility will refinance its current lender and continue store growth.
Salus Capital Partners announced key highlights from an active 2013, including expanding to new sectors and adding $750 million in new loans.
Salus Capital announced it received the Consumer and Retail Products Deal of the Year at the 12th Annual M&A Advisor Awards. The M&A Advisor also selected Salus as a finalist for Restructuring Deal of the Year.
Salus Capital said it has provided a $4 million senior-secured term loan to Naartjie Custom Kids.
As part of the M&A Advisor’s 40 Under 40 M&A Advisor Recognition Awards, Salus Capital’s Kyle C. Shonak was named a winner for the Dealmaker Category.