Golub backs PNC Riverarch Capital’s recap of Pirtek

By Iris Dorbian — 1 day ago

Golub Capital provided 55 million pounds in financing to support PNC Riverarch Capital‘s recapitalization of London-based Pirtek, an operator of hydraulic hose replacements and related services. Golub was the administrative agent, sole lead arranger and sole bookrunner on the financing.

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Lucid recruits Raber as SVP and COO

By Iris Dorbian — 1 day ago

Lucid Energy Group, a natural gas processor in the Delaware Basin, has named Brian T. Raber as senior vice president and chief operating officer. Previously, Raber was senior vice president, engineering and project management for Summit Midstream Partners. Lucid is backed by Riverstone Holdings LLC and Goldman Sachs‘ merchant banking division.

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Landmark promotes 31 professionals, including one to partner

By Chris Witkowsky — 1 day ago

Landmark Partners promoted 31 people, including Kathryn Regan, a member of the private equity team since 1999, who was made partner. Regan works on LP portfolio acquisitions, fund recaps, joint venture partnerships and primary commitments. Also, Landmark promoted Greg Lombardi, John Stott and Avi Turetsky to managing directors.

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Twin Brook backs Blue Point’s buyout of W.A. Kendall and Co

By Iris Dorbian — 1 day ago

Twin Brook, the middle market direct lending arm of Angelo Gordon, provided financing to support Blue Point Capital‘s acquisition of W.A. Kendall and Co, according to a source familiar with the transaction. No financial terms were disclosed. Based in Lawrenceville, Georgia, W.A. Kendall and Co. is a provider of vegetation management services to utility companies in the southeast U.S.

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MUFG Union buys Intrepid Investment Bankers

By Luisa Beltran — 1 day ago

MUFG Union Bank NA said Jan. 8 that it closed its buy of Intrepid Investment Bankers LLC. Financial terms weren’t announced. Intrepid, of Los Angeles, is a middle market investment bank out of Los Angeles. Intrepid will operate under its current name as a subsidiary of MUFG Union Bank.

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Capital Square 1031 hires two as regional VPs

By Iris Dorbian — 1 day ago

Capital Square 1031, a real estate investment and managing firm, has hired Brad Kahan and Ryan Fischer as regional vice presidents, representing sales in the Northwest and Midwest, respectively. Previously, Kahan was vice president of product management at TriLinc Global while Fischer worked EQIS Capital Management Inc where he was regional vice president of sales.

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OpenGate adds new MD to team

By Iris Dorbian — 1 day ago

OpenGate Capital named Paul Bridwell as a managing director to lead operations and portfolio management for the firm’s North American-based investments. His appointment became effective November 5, 2018. Previously, he was was a partner and managing director, head of operations at a unnamed New York City private equity firm.

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Arsenal Capital buys Accumen

By Luisa Beltran — 1 day ago

Arsenal Capital Partners said Jan. 17 that it acquired Accumen Inc from Accretive LLC. Financial terms weren’t announced. Accumen, of San Diego, provides health system performance optimization solutions.

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