Announced
Completed
Financials
Tags
debt funding
United States
Diversified Financials
Acquisition
Private
Single Bidder
Friendly
Majority
Completed
Asset Managers and Custodians
investment management company
Domestic
Private Equity
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.