Aflac Global Investments Acquires 40% Stake in Tree Line Capital Partners
May 16, 2024
Aflac Global Investments (AGI) agreed to acquire a 40% stake in San Francisco-based private credit manager Tree Line Capital Partners and will make a multiyear commitment to allocate a portion of its annual investable cashflow to the firm. Tree Line — which manages approximately $2.7 billion and specializes in direct lending to the lower middle market — will retain investment and operational autonomy with its existing leadership continuing to run the business.
- Buyers
- Aflac Global Investments (AGI)
- Targets
- Tree Line Capital Partners
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Investcorp Strategic Capital Group Takes Minority Stake in EagleTree Capital
October 6, 2021
Financial Services
Affiliates of Investcorp Strategic Capital Group (ISCG) have made a strategic minority equity investment in EagleTree Capital LP. Terms were not disclosed; ISCG will be a passive, non-voting partner and EagleTree’s team and operations will remain unchanged as the capital is intended to strengthen EagleTree’s investment platform and accelerate growth.
-
Capital A Investment Partners Acquires Majority Stake in Open Line
March 6, 2020
IT Services
Capital A Investment Partners has taken a majority stake in Open Line, a Netherlands-based managed cloud services provider. Open Line — founded in Limburg and employing over 230 people across offices in Maastricht-Airport, Landgraaf, Eindhoven, Capelle aan den IJssel and Amsterdam — will work with Capital A to execute a growth strategy focused on managed and hybrid cloud managed services for upper mid-market clients.
-
New State Capital Partners Acquires Agility Recovery Services
November 30, 2023
Professional Services
New State Capital Partners has acquired Agility Recovery Services as an add-on to its AFIMAC business continuity platform. Agility, headquartered in Atlanta, provides subscription-based business continuity and disaster recovery services (backup power, temporary office space, network connectivity and mission-critical equipment); terms were not disclosed and Mark San Fratello was named CEO.
-
LoneTree Capital Acquires Angle Point Capital
February 2, 2021
Financial Services
LoneTree Capital announced a definitive agreement to acquire the assets of Angle Point Capital. Angle Point will continue operating under the LoneTree brand with its existing team and assets intact, while LoneTree intends to expand support to Angle Point’s portfolio companies and grow its footprint and network.
-
Lone Star Funds Acquires Alliance Ground International
January 22, 2026
Transportation
Lone Star Funds, through an affiliate of Lone Star Fund XII, L.P., entered into a definitive agreement to acquire Alliance Ground International (AGI), a North American airport services provider, from Greenbriar Equity Group and Audax Private Equity. The transaction focuses on scaling AGI’s outsourced airport services platform across more than 60 airports in the United States and Canada. The deal later closed and was first announced in January 2026.
-
Acacia Partners Completes Majority Recapitalization of A&A Global Industries
June 7, 2023
Consumer Products
Acacia Partners, an Austin-based private investment firm, completed a majority recapitalization of A&A Global Industries, a nationwide distributor of novelty toys, candy, plush and redemption products that serves family entertainment centers, vending route operators, and amusement companies. The recapitalization provides A&A with permanent capital to support continued organic growth and pursue add-on acquisitions while enabling a generational transition for the family-owned business.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.