Hermitage Equity Partners and Greyrock carry out acquisition of Bentec Medical Inc.

Hermitage Equity Partners and Greyrock carry out acquisition of Bentec Medical
Greyrock Capital Group provides, most likely, mezzanine financing in this takeover transaction. The PE firm, Hermitage Equity Partners, acquires an established and leading company, Bentec Medical, in silicone medical device niche. According to Hermitage investment philosophy, they look for high-growth potential, $10-250 million revenue and, ideally, non-cyclical businesses. Bentec Medical fulfills these requirements. What is interesting in this transaction is that it appears to be an exit of ...

Barings Provides Mezzanine Debt, Equity Co-Investment to Support J.F. Lehman in Acquisition of BEI Precision Systems

This transaction is an example of mezzanine funding provider partnering with a specialized private equity firm to acquire a market/niche leading company. It is a win-win-win combination. The acquired company gets the benefit of having sector focused and dedicated investor. The PE firm leverages its funds, by accessing mezzanine capital and, in this case, equity co-investment. Finally, the mezzanine lender employs its capital with suitable risk profile and partners that have long track record. T...

New mezzanine fund by Tecum Capital

Tecum capital new mezzanine fund
Tecum Capital has raised $225 million for Tecum Capital Partners II fund. The fund is their second SBIC approved fund. It will focus on making mezzanine loans and minority equity investments. Tecum expects that each investment will average between $3 million and $15 million. Get Mezzanine Financing directory of mezzanine funds includes profile of Tecum Capital. Press release PITTSBURGH–(BUSINESS WIRE)–Tecum Capital, the $450 million investment firm based in Pittsburgh, Pa., today announced ...

Pythian Closes $15 Million Mezzanine Financing From BDC Capital

Pythian closes mezzanine financing
Mezzanine financing transactions can support various types of businesses and purposes. In this article we look at an example of $15 million mezzanine financing provided by BDC Capital to an Ottawa, Canada-based global technology services company Pythian. Target company overview Pythian is a global technology services company that helps businesses compete by adopting disruptive technologies such as advanced analytics, big data, cloud, databases, DevOps, and infrastructure management to advance ...

Beyond bank loans: how to finance your business growth with mezzanine debt

Finance business growth without using bank loans - instead with mezzanine capital
Growth is on the agenda of most businesses; it is also one of the primary reasons why companies look for external financing. Yet according to research from the National Center for the Middle Market and the Milken Institute, less than one-third of all small and mid-size companies are aware of nontraditional sources other than private equity (PE). This lack of awareness can lead to a growth struggle if banks are not willing to provide enough capital and existing shareholders don’t want to part ...