Monroe Capital has acted as sole lead arranger and administrative agent on a USD14.5 million senior credit facility to support the merger of Nelbud 360 Services Group and TEAM Services. Nelbud 360 Services is an existing portfolio company of Source Capital. Based in Indianapolis, Indiana and founded in 1981, Nelbud 360 Services is a leading provider of commercial kitchen fire prevention and equipment maintenance including kitchen exhaust cleaning, technical services, fire protection services, and wastewater management. TEAM is a provider of full service electric and mechanical solutions including HVAC services, electrical, refrigeration, kitchen equipment, and plumbing and drain cleaning services.

Mid-market private equity firm Bowmark Capital is backing the buy-out of Nexus Vehicle Solutions, a B2B broker of rental vehicles in the UK, from its previous institutional investor, Livingbridge, for a total consideration of GBP51 million. The business connects vehicle rental companies with corporate customers via a proprietary online booking and rental management system that automates and streamlines the procurement process.   Founded in Leeds in 1999, Nexus provides its 800 customers with access to over 500,000 vehicles sourced from 130 rental companies operating from more than 2,000 locations. For rental companies, Nexus provides valuable incremental volumes that are otherwise difficult

Alternative Investment Capital Limited (AIC), a Japanese management firm specialising in private equity investments, has chosen eFront's flagship FrontInvest solution in combination with its eFront Investor Cloud (EIC) solution to integrate the firm's operations and streamline its alternative investments data workflows. FrontInvest is an end-to-end solution for both investors and fund managers. EIC provides services to limited partners by collecting and validating performance data from fund managers.   AIC was founded in 2002 as an investment management firm in Japan focusing exclusively on alternative assets. The firm is headquartered in Tokyo and primarily serves Japanese institutional investors and pension funds.

Dunedin backed Hawksford has received formal permission to operate in the Caribbean region with the award of a full Trust Licence that will enable the business to provide a wide range of trust services in the Cayman Islands.  This move reinforces the company’s ongoing commitment to client choice through building a network of jurisdictions around the globe. Following this expansion into the Cayman Islands, Hawksford can now offer a choice of fiduciary services to clients from Europe, Asia and the Caribbean.   Hawksford was backed by UK mid-market private equity house Dunedin in October 2008.  Since then, it has pursued

Funds advised by CVC have entered into a partnership with GIC and will become a co-shareholder in the RAC through the purchase of Carlyle Group’s stake in the association. The investment was made from CVC’s Strategic Opportunities Platform, established in response to growing demand from large investors to be able to invest for the long term in stable, high quality businesses, and this will be its first investment.   The RAC is the second-largest roadside assistance provider across the UK and has approximately 8.6 million members as of 30 September, 2015. Committed to quality service and innovation over 118 years,

Mentorship accelerator VentureScaleUp is partnering with the online investment platform Florida Funders to provide access to seed capital to support the startup companies accepted into its 2016 Spring and Fall programs.  The accelerator is leveraging the highly selective Growth Accelerator Fund award it recently received from the US Small Business Administration as well as access to the large number of Florida accredited investors on the Florida Funders platform.  Additionally, the accelerator opened applications for its 2016 Spring program.   VentureScaleUp launched a pilot program in August with seven startups. The program provided one-on-one mentoring with successful entrepreneurs who have previously

Omnes Capital and Fonroche Géothermie have signed a partnership agreement for the development, construction and operation of deep geothermal energy generation projects in France. Since 2010, Fonroche Géothermie has developed a fully integrated approach and ambitious industrial plans for developing geothermal energy projects in France. This strategy is supported by a team of specialists in geoscience, drilling and surface mining.   Geothermal energy is a natural and competitive renewable energy source that can supply electricity and heating locally 365 days a year.   Having obtained seven exclusive operation permits in France, Fonroche Géothermie is planning to invest more than EUR400

International law firm Simmons & Simmons has advised Funding Circle SME Income Fund Limited on its placing and offer for subscription of GBP150 million ordinary shares in the Company, the establishment of a GBP350 million share issuance programme, and the Company’s admission to the premium segment of the official list and trading on the LSE’s main market. The prospectus relating to the Issue was released on Thursday 12 November and Admission occurred this morning.   The Funding Circle group operates marketplace lending services which allow investors to lend money directly to small and medium sized businesses (SMEs). Funding Circle is

Noerr has advised the SDAX company SAF-HOLLAND SA on taking up a promissory note loan for EUR200 million. The Noerr team was led by the Noerr partners Dr Martin Kleinschmitt and Dr Nikolai Warneke. The promissory note loan was placed with institutional investors in Germany and abroad. It was arranged by a banking consortium consisting of Commerzbank Aktiengesellschaft, HSBC Trinkaus & Burkhardt AG, IKB Deutsche Industriebank AG and UniCredit Bank AG.   For financing and capital market transactions, SAF-HOLLAND regularly relies on the legal advice from Noerr. In October, a team led by Martin Kleinschmitt and Nikolai Warneke also legally

OneRoof Energy, a residential solar services provider, has signed a USD20 million loan agreement with North Sky Capital's Alliance Fund II. The loan agreement was arranged by GoldenSet Capital, a sub-advisor to Alliance Fund II. "GoldenSet Capital and North Sky Capital are great partners," says David Field, president and chief executive officer of OneRoof Energy. "The residential solar industry continues to expand at a fast pace. To meet the demand of this capital intensive industry, we are pleased to be working with this group who have been supportive with continued funding."     Loan amounts may be drawn by the Company