CHARLOTTE, N.C.--(BUSINESS WIRE)--
Capitala Group ("Capitala"), a provider of capital to lower and
traditional middle market companies, announced today that it recently
acted as arranger for a $46.5 million unitranche credit facility to
support the acquisition of a leading provider of laboratory equipment,
services and supplies.
About Capitala Group
Capitala Group is a leading
provider of capital to lower and traditional middle market companies,
through its family of credit focused funds. Since 1998, Capitala Group's
managed funds have participated in 143 transactions, representing
approximately $1.4 billion of investments in a variety of industries
throughout North America. Capitala Group manages both public capital
(Capitala Finance Corp.) (Nasdaq:CPTA) and private capital (Capitala
Private Credit Fund V, L.P. and CapitalSouth SBIC Fund IV, L.P.) for
institutional and individual investors, and seeks to partner with strong
management teams to create value and serve as long term partners. For
more information, please visit www.CapitalaGroup.com.
About Capitala Finance Corp.
Capitala Finance Corp.
is a business development company that invests primarily in first and
second liens, subordinated debt and, to a lesser extent, equity
securities issued by lower and traditional middle-market companies. The
Company is managed by Capitala Investment Advisors, LLC. For more
information on Capitala, or to automatically receive email notifications
of Company financial information, press releases, stock alerts, or other
corporate filings, please visit the Investor
Relations section of our website.
This press release
contains certain forward-looking statements. Words such as "believes,"
"intends," "expects," "projects," "anticipates," and "future" or similar
expressions are intended to identify forward-looking statements. These
forward-looking statements are not guarantees of future performance,
condition or results and involve a number of risks and uncertainties.
Actual results may differ materially from those in the
forward-looking statements as a result of a number of factors, including
those described from time to time in the Capitala's filings with the
Securities and Exchange Commission. Capitala Finance Corp.
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180108005132/en/
Steve Arnall, 704-376-5502
Source: Capitala Finance Corp.
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