ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

CPTA Capitala Finance Corporation

25.40
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Capitala Finance Corporation NASDAQ:CPTA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.40 24.00 25.89 0 01:00:00

Capitala Group Leads $37.0 Million Investment in Installs LLC

27/06/2018 12:45pm

Business Wire


Capitala Finance (NASDAQ:CPTA)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Capitala Finance Charts.

Capitala Group (“Capitala”), a provider of capital to lower and traditional middle market companies, announced today that it recently originated and led an investment of senior secured debt totaling $37.0 million in Installs LLC (“Installs”). Capitala made its original investment in Installs alongside Graycliff Partners in 2016.

With major operations in Edison, New Jersey and Buffalo, NY, Installs is a leader in last-mile delivery, assembly, installation, warehousing and direct fulfillment services. Installs utilizes 23 strategically located warehouses across North America to service a variety of customers including eCommerce and traditional retailers. Capitala’s investment will help fund the company’s next phase of growth.

About Capitala Group

Capitala Group is a leading provider of capital to lower and traditional middle market companies. Since 1998, Capitala Group has grown to be a $2.7 billion investment firm whose managed funds have invested in over 145 businesses in a variety of industries throughout North America. Capitala’s approach to investing, whether in its growth fund strategy or its lower middle market credit strategy, has proven to be a reliable and attractive financing solution to our partners. Capitala Group manages both public capital (Capitala Finance Corp.) (Nasdaq:CPTA) and private capital (Capitala Private Credit Fund V, L.P.; CapitalSouth SBIC Fund IV, L.P.; and Capitala Specialty Lending Corp.) for institutional and individual investors, and seeks to partner with strong management teams to create value and serve as long term partners. For more information visit our website at www.CapitalaGroup.com.

About Graycliff Partners LP

Graycliff Partners is an investment firm focused on lower middle market investments. Graycliff seeks to partner with companies led by strong, entrepreneurial management teams, providing capital for acquisitions, management buyouts, recapitalizations, growth and expansion. For more information about Graycliff Partners visit www.graycliffpartners.com.

Forward-Looking Statements

This press release contains certain forward-looking statements. Words such as “believes,” “intends,” “expects,” “projects,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Capitala’s filings with the Securities and Exchange Commission. Capitala Finance Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Capitala GroupSteve Arnall, 704-376-5502Chief Financial Officersarnall@capitalagroup.com

1 Year Capitala Finance Chart

1 Year Capitala Finance Chart

1 Month Capitala Finance Chart

1 Month Capitala Finance Chart

Your Recent History

Delayed Upgrade Clock