Babson Capital Management has provided USD12m in mezzanine debt to support Drew Marine’s acquisition of the Chemring Marine Group’s rescue division. The add-on investment brings Babson Capital’s total subordinated debt investment in Drew Marine to more than USD30m including an initial investment of USD20m to support J.F. Lehman & Company’s

On Deck, the technology-powered main street lender, has secured nearly USD100m in new debt commitments, which includes a USD80m credit facility jointly led by Goldman Sachs and Fortress Credit Corp and USD17m of venture debt loans from SF Capital and Lighthouse Capital Partners. This capital gives On Deck increased lending

Miinto, one of Europe’s fastest growing online fashion retailers, has received USD6m in a series A investment from Dawn Capital. The funds will be used to accelerate the strong growth of the company, through penetrating new markets and further investment in proprietary technology and products. Norman Fiore, managing partner at

Brynwood Partners VI has signed a definitive agreement to acquire a controlling stake in the Back to Nature brand food business through a joint venture partnership with Kraft Foods. Kraft Foods will continue to hold a substantial minority stake in the business and will have board representation in the joint

BOUF.com has secured a fourth round of investment from 15 angel investors, including Stefan Glaenzer and Robert Dighero of Passion Capital, plus a new lead investor. The round was secured after BOUF hit a GBP1.2m run rate, following a leap in growth despite boot-strapping the business on costs of just

F&C Private Equity’s (FPEO) net asset value as at 30 June 2012 was 253.77p per share, according to the company’s half-year results. FPEO also announced an interim dividend of 4.96p per share, which is in line with the new dividend mechanism, under which FPEO will aim to pay semi-annual dividends

Bolder Capital has completed the acquisition of Monti Eligibility and Denial Solutions and the Monti Group, collectively called MEDS, an outsourced provider of patient eligibility, enrolment and revenue recovery services to hospitals and health systems.   MEDS, whose customers are located in Florida, Indiana and Ohio, is the first acquisition

Excellere Partners, a Denver-based private equity firm focused on partnering with middle-market entrepreneurs and management teams, has expanded its investment portfolio through its investment in Integrated Petroleum Technologies, a provider of oil and natural gas engineering consulting services. IPT will use the capital, proprietary tools and resources provided by Excellere