As debate drags on over the Volcker Rule, banks are settling in for the long haul, sister magazine Buyouts reports. Those that have decided to exit the buyouts game have largely done so, while those remaining appear to be relying on their own balance sheets, rather than bringing in outside investors, under other provisions of [...]
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BB&T Capital Partners Mezzanine Fund II has invested subordinated debt and equity to support the acquisition of Precision Aviation Group by PNC Riverarch Capital. Precision Aviation Group provides comprehensive supply chain and Inventory Supported MRO services for instruments, avionics and accessories for a variety of fixed-wing and rotary-wing aircraft.
NXT Capital has provided a $52.8 million senior secured facility to finance PNC RiverArch Capital’s acquisition of New Carbon Company. South Bend, Indiana-based New Carbon Company is a provider of waffle mix to restaurants, hotels, resorts and colleges and universities, serving over 40,000 customer locations across the U.S. PRESS RELEASE NXT Capital today announced that [...]