VPC Provides $50MM Applied Data Finance Facility
Victory Park Capital provided a $50 million credit facility to Applied Data Finance.
Victory Park Capital provided a $50 million credit facility to Applied Data Finance.
Victory Park Capital announced it completed a preferred equity investment in KBP Foods, the operator of approximately 220 restaurants under the KFC, Taco Bell and Long John Silver’s brands.
Victory Park promoted five investment professionals in its Chicago office, signaling the depth and further development of the firm’s investment expertise.
Funding Circle announced that Victory Park Capital will finance up to $420 million in loans to small businesses originated through Funding Circle both in the UK and U.S. over the next three years.
Victory Park Capital will strengthen its capabilities through an investment in Yellen Partners, which VPC will combine with Reich Brothers Holdings, an existing portfolio company.
Victory Park Capital will invest up to £150 million ($227 million) in loans originated by Assetz Capital under a new five-year contract.
Momentum Funding completed a $30 million round of financing by Victory Park Capital.
Social Reality acquired Steel Media, and announced $25 million in committed financing from from Victory Park Capital, and $5 million of new equity financing from Siskey Capital and investors. A portion of the facility and new equity went to fund the acquisition.
Victory Park Capital announced Gordon Watson was named principal. Watson, a 15-year financial services veteran, will join the firm’s New York office.
Victory Park Capital announced it will invest $100 million in Upstart loans over the next two years.