Intermediate Capital Group

H.I.G. WhiteHorse Europe Refinances Astek

Retrieved on:

Giovedì, Maggio 30, 2024

Technology, Finance, Consulting, Engineering, Other Technology, Business, Professional Services, Manufacturing, Asset Management, Partnership, Supervisory board, Boulogne-Billancourt, Growth, Intermediate Capital Group, H.I.G. Capital, ICG, Cryptocurrency

WhiteHorse Europe, a credit affiliate of global investment firm H.I.G.

Key Points:

WhiteHorse Europe, a credit affiliate of global investment firm H.I.G.
WhiteHorse Europe acted as the sole arranger of a €170 million financing package used to refinance the Group’s existing loans and provide additional capital for growth.
WhiteHorse Europe, said: “Astek is a remarkable company, led by a high-quality management team, and we are grateful for their renewed trust in H.I.G.
WhiteHorse Europe, said: “We deeply appreciate the renewed confidence shown by Jean-Luc Bernard and Julien Gavaldon in H.I.G.

Lexington Partners Announces Dedicated Strategy and Team to Lead Continuation Vehicle Transactions at Scale

Retrieved on:

Giovedì, Maggio 23, 2024

Personal Finance, Asset Management, Professional Services, Finance, Christophe, GP, Dubilier, Lexington Partners, Partner, Clayton, Dubilier & Rice, Growth, Intermediate Capital Group, Cryptocurrency

Lexington Partners (“Lexington”) announced a dedicated strategy and team focused on leading single-asset continuation vehicle (“CV”) transactions.

Key Points:

Lexington Partners (“Lexington”) announced a dedicated strategy and team focused on leading single-asset continuation vehicle (“CV”) transactions.
In conjunction with the launch, Christophe Browne has joined Lexington as a Partner to help lead the dedicated effort.
The firm’s dedicated team, which will work exclusively on continuation vehicle transactions, includes several experienced Lexington investment professionals.
“We are delighted to welcome Christophe to Lexington as we build a dedicated Lexington team to focus on a best-in-class continuation vehicle investment strategy for GPs and capital allocators.

CAIS Hosts Third Annual Alternative Investment Summit for Independent Advisors

Retrieved on:

Giovedì, Maggio 16, 2024

CAIS, the leading alternative investment platform for financial advisors, today announced that the CAIS Alternative Investment Summit will return for its third year and feature a lineup of renowned speakers across alternative investing, wealth management, technology, and geopolitics.

Key Points:

CAIS, the leading alternative investment platform for financial advisors, today announced that the CAIS Alternative Investment Summit will return for its third year and feature a lineup of renowned speakers across alternative investing, wealth management, technology, and geopolitics.
“We’ve reached a transformative moment in the alternative investment industry.
Financial advisors everywhere appreciate the importance of incorporating alts into end client portfolios and are actively pursuing efficient, innovative solutions to differentiate their practices,” said Matt Brown, Founder and CEO of CAIS.
The momentum also comes on the heels of the launch of CAIS Live , a nationwide alternative investment education program hosted for advisors in key cities across the nation.

LBC Credit Partners Supports Growth Financing for Ambient Enterprises

Retrieved on:

Mercoledì, Gennaio 10, 2024

RADNOR, Pa., Jan. 10, 2024 /PRNewswire/ -- LBC Credit Partners ("LBC"), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to Ambient Enterprises LLC ("Ambient"), a portfolio company of Intermediate Capital Group ("ICG").

Key Points:

RADNOR, Pa., Jan. 10, 2024 /PRNewswire/ -- LBC Credit Partners ("LBC"), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to Ambient Enterprises LLC ("Ambient"), a portfolio company of Intermediate Capital Group ("ICG").
The financing helped support Ambient's refinancing of its existing debt facility, the recent partnership with Johnson Barrow & DMG HVAC, and ongoing organic and inorganic growth initiatives.
LBC served as Sole Lead Arranger and Syndication Agent for the senior secured credit facility.
Ambient is a collective of heating, ventilation and air conditioning ("HVAC") design and implementation experts.

EV Charging Installer Platform ChargeGuru Strengthens European Position with Zeplug Merger

Retrieved on:

Martedì, Novembre 28, 2023

European Commission, ICG, ACEA, Intermediate Capital Group, Growth, EV, Renewable energy

Paris, France – Tuesday, November 28th – EV charging installer platform ChargeGuru has strengthened its position in Europe by merging with Zeplug, the leading operator of charging infrastructures in apartment and office buildings.

Key Points:

Paris, France – Tuesday, November 28th – EV charging installer platform ChargeGuru has strengthened its position in Europe by merging with Zeplug, the leading operator of charging infrastructures in apartment and office buildings.
The merger creates one of Europe's largest EV charging providers, with a comprehensive offering that spans the entire value chain, from installation to operation.
ChargeGuru's new offering is designed to meet the growing demand for EV charging services with a solution specifically designed for multi-family housing and office buildings.
Our objective at ChargeGuru in proposing the super innovative Zeplug offer that has proved its worth on the French market, is to emerge as the premier European leader in electric charging.

KBRA Releases Research – European CLO Manager Style Comparisons: October 2023 Update

Retrieved on:

Giovedì, Novembre 16, 2023

Professional Services, Finance, Climate, Albacore, KBRA, Intermediate Capital Group, CQS, CLO, PGIM

KBRA UK (KBRA) releases a report that examines the different strategies adopted by collateralised loan obligation (CLO) managers.

Key Points:

KBRA UK (KBRA) releases a report that examines the different strategies adopted by collateralised loan obligation (CLO) managers.
But this evaluation method can sometimes produce counterintuitive results and does not always consider a manager’s style and objectives.
Also, Ostrum, Brigade, CQS, and Nassau have been among the top 10 conservative managers in three out of the past five KBRA reports.
Opportunistic managers have become more convincingly opportunistic since our July report, while more conservative managers have become less convincingly conservative.

Mercatus Finance Announces Launch of Cash Flow Lending Business with Backing from Arena Investors

Retrieved on:

Venerdì, Ottobre 13, 2023

Pillar, Investment, Intermediate Capital Group, ORIX, GB, Security (finance), Real estate, Mercatus

NEW YORK, Oct. 13, 2023 /PRNewswire/ -- Mercatus Finance ("Mercatus"), a cash flow lending specialty finance company, announced its official launch.

Key Points:

NEW YORK, Oct. 13, 2023 /PRNewswire/ -- Mercatus Finance ("Mercatus"), a cash flow lending specialty finance company, announced its official launch.
Strategically backed with equity from Arena Investors, LP ("Arena"), Mercatus fills an important void for smaller companies seeking cash flow based loans from $20 million to $75 million.
Mercatus also has the flexibility, primarily in conjunction with first lien loans, to consider smaller second lien and subordinated debt and equity investments.
Mercatus targets lending to companies across industries requiring liquidity to support business transitions, organic growth, acquisitions, restructurings, and changes in ownership or control.

With Intelligence Announces That Motive Partners Has Acquired a Majority Stake

Retrieved on:

Giovedì, Luglio 20, 2023

With Intelligence, a leading provider of investment data and intelligence for allocating, fund-raising and business development in the public and private markets, announced that it has received a majority investment from funds advised by Motive Partners (“Motive”), a specialist private equity firm focused on financial technology.

Key Points:

With Intelligence, a leading provider of investment data and intelligence for allocating, fund-raising and business development in the public and private markets, announced that it has received a majority investment from funds advised by Motive Partners (“Motive”), a specialist private equity firm focused on financial technology.
Intermediate Capital Group ("ICG"), who originally invested in With Intelligence in 2020, will invest further alongside Motive.
With Intelligence blends data from a variety of the platform’s proprietary brands, delivering insights that include profiles, fund information, performance metrics and analyst perspectives.
Motive Partners' financial advisor was Raymond James, and they were also advised by MDW Capital Advisory (Debt Advisor), White & Case (Legal), Plural Strategy, Oliver Wyman (Commercial), and EY (Financial & Tax).

Hardman & Co Research ICG Enterprise Trust (ICGT): Investor Day - defensive growth in practice

Retrieved on:

Lunedì, Luglio 10, 2023

Trust, Intermediate Capital Group, ICG, Security (finance)

The issuer is solely responsible for the content of this announcement.

Key Points:

The issuer is solely responsible for the content of this announcement.
ICGT hosted an Investor Day on 13 June 2023.
The 1Q trading update noted a small fall in NAV (forex-driven), with the underlying portfolio value growing 10.2% over the past 12 months in constant currency.
Please click on the link below for the full report:
If you are interested in meeting the company, you can register your interest by clicking on the above link

Antares Capital Taps Seth Katzenstein as Managing Director to Build Out Firm’s Broadly Syndicated Loan Business

Retrieved on:

Martedì, Gennaio 10, 2023

Finance, Consulting, Banking, Professional Services, Asset Management, Diamond, Business administration, Capital, ICG, University, Bachelor of Business Administration, Triple accreditation, Antares, Salomon Brothers, Intermediate Capital Group, CLO, Asset management, Business, Security (finance)

Antares Capital (“Antares”) announced today that Seth Katzenstein has joined the firm as Managing Director and Head of Broadly Syndicated Loans to build the firm’s broadly syndicated loan (“BSL”) business.

Key Points:

Antares Capital (“Antares”) announced today that Seth Katzenstein has joined the firm as Managing Director and Head of Broadly Syndicated Loans to build the firm’s broadly syndicated loan (“BSL”) business.
Mr. Katzenstein will be based in New York and report to Vivek Mathew, Head of Asset Management.
Mr. Katzenstein brings more than 25 years of experience managing senior secured loan, high yield bond and distressed debt strategies across multiple market cycles.
“We are thrilled to welcome Seth, a seasoned professional, to the Antares team,” said Timothy Lyne, CEO of Antares Capital.