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Crescent Capital completed the acquisition of Alcentra Capital for $142m.

Synopsis

Crescent BDC, a business development company, completed the acquisition of Alcentra Capital, a senior secured debt and equity capital provider, for $142m. "At Crescent Capital Group, we look to invest in niche companies with defensible market strategies and experienced management teams that can survive market cycles. We have the right people and the right investment processes in place to promote long-term growth for our clients, and we look forward to broadening our investment portfolio with the acquisition of Alcentra Capital.” Mark Attanasio, Crescent Capital Group Co-Founder and Managing Partner.

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