Triangle Capital, a provider of capital to lower middle market companies, received a new commitment of $15 million from United Community Bank to its senior secured credit facility.
Schweiger Dermatology has secured a $20 million debt facility from Triangle Capital to help fund and support its growth.
Triangle Capital’s Chief Financial Officer Steven C. Lilly was recognized as one of America’s Best CFOs by Institutional Investor Magazine in its 2017 All-America Executive Team rankings.
Triangle Capital has appointed E. Ashton Poole as chief executive officer. Garland S. Tucker, III, the company’s co-founder, chairman and CEO, will remain chairman of Triangle’s board of directors.
Triangle Capital announced it closed a $24.5 million investment in Orchid Underwriters Agency, consisting of subordinated debt and equity.