SBIA Update: November 7, 2019
SBIA Update is a way to stay up-to-date on the latest industry news, SBIA member information, and policies that impact the lower middle market. Below are a few articles featured in this edition of SBIA Update. For the full news update, please refer to the SBIA Update email in your inbox.
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Legislative & Regulatory Update
Private Equity Invests Across America, Supports Jobs, and Strengthens Pension
The facts about Senator Warren’s Extreme Plan that will destroy jobs and investment.
Tecum Equity Acquires Pinnacle Cranes
Pinnacle Cranes, a leading Link-Belt and Manitex dealer in North Carolina and South Carolina, has been purchased by Western Allegheny Capital, LLC and Tecum Equity, a Pittsburgh, PA based family office investment partnership.
LBC Supports Refinancing and Add-on Acquisition for Sciens Building Solutions
LBC Credit Partners provided senior secured credit facilities to support the refinancing of Sciens Building Solutions and the add-on acquisition of SmartWatch Security & Sound. Sciens Building Solutions, a portfolio company of Huron Capital, was formed in 2016 to pursue a buy-and-build investment strategy in the fire detection and integrated solutions sector.
Granite Creek Capital Partners, L.L.C. and Red Arts Capital Announce Acquisition of Sunset Pacific Transportation
Rand Capital Portfolio Company, KnowledgeVision, Merges with OpenExchange
HCAP Partners Announces New Investment in Lone Star Analysis
SBIA is the voice and advocate for the lower middle market. Go to www.SBIA.org/about to learn more about the Small Business Investor Alliance.