The management of Seitz Corporation and principals of private investment and management firm Andlinger & Company have acquired the business. Financial details of the transaction were not disclosed. The acquisition was supported by a senior loan facility from Berkshire Bank and mezzanine capital from Stonehenge Growth Capital and CMS Mezzanine Fund. PRESS RELEASE The management [...]
You are browsing the archive for Stonehenge Growth Capital - peHUB.
The VC fundraising environment is looking weak, with just a smattering of announcements and regulatory filings over the past two months. Official Q3 stats won’t be released until October, but it’s not looking good from an anecdotal standpoint. Trolling through the peHUB archive, I turned up just five stories about various U.S.-based VC funds getting [...]