CHARLOTTE, N.C.--(BUSINESS WIRE)--Jun. 12, 2018--
Group (“Capitala”), a provider of capital to lower and traditional
middle market companies, is pleased to announce that it recently fully
exited its senior secured debt investment in Vintage Stock, Inc.
(”Vintage Stock”), a leading supplier of new and used entertainment
On June 7, 2018, Capitala was repaid at par for its first lien debt
investment in Vintage Stock and received $25.4 million. Vintage Stock
represents the seventh successful exit for Capitala in the past 12
Capitala recently announced a successful raise of $1.0
billion in permanent capital, Capitala Specialty Lending Corp., as
well as the opening
of its sixth office location in New York City.
About Capitala Group
Capitala Group is a leading provider of capital to lower and traditional
middle market companies. Since 1998, Capitala Group has grown to be a
$2.7 billion investment firm whose managed funds have invested in over
145 businesses, representing over $1.4 billion of investments in a
variety of industries throughout North America. Capitala’s approach to
investing, whether in its growth fund strategy or its lower middle
market credit strategy, has proven to be a reliable and attractive
financing solution to our partners. Capitala Group manages both public
capital (Capitala Finance Corp.) (Nasdaq:CPTA) and private capital
(Capitala Private Credit Fund V, L.P.; CapitalSouth SBIC Fund IV, L.P.;
and Capitala Specialty Lending Corp.) 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 visit our
website at www.CapitalaGroup.com.
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: https://www.businesswire.com/news/home/20180612005777/en/
Source: Capitala Finance Corp.
Capitala Finance Corp.
Stephen Arnall, 704-376-5502