CIFC Asset Management to Acquire LBC Credit Partners

Levine Leichtman Capital Partners Acquires Creditinfo Group

March 9, 2021

Financial Services

Levine Leichtman Capital Partners (LLCP) has acquired Creditinfo Group, a Reykjavik-founded provider of credit information, credit bureau services and risk management software, in partnership with the company's founder and management. The investment will support Creditinfo's international expansion and product capabilities across advanced and emerging markets.

Investcorp Acquires Majority Interest in CM Investment Partners

June 30, 2019

Financial Services

Investcorp Credit Management US LLC agreed to acquire a majority ownership interest in CM Investment Partners LLC (CMIP) from funds managed by Cyrus Capital Partners and Stifel Venture Corp, with CMIP co‑CIOs Michael Mauer and Christopher Jansen retaining a minority stake. Simultaneously, Investcorp BDC Holdings Limited entered a stock purchase agreement to acquire up to 10% of CM Finance Inc. over a two‑year period; the transaction was expected to close in Q3 2019 subject to customary regulatory approvals.

Carlyle Acquires CBAM Partners' Credit Portfolio

March 9, 2022

Financial Services

The Carlyle Group's Global Credit platform agreed to acquire a portfolio of CLOs and private credit assets from CBAM Partners (an affiliate of Eldridge) for $615 million in cash plus ~4.2 million newly issued Carlyle common shares. The deal, expected to close in H1 2022, boosts Carlyle's Global Credit AUM from $73 billion to about $88 billion and makes it the world’s largest CLO manager by AUM.

Fourshore Partners Acquires Celtic Capital Corporation

April 29, 2022

Financial Services

Fourshore Partners, a Miami-based private equity firm, has acquired Celtic Capital Corporation, an asset-based lender specializing in financing to middle-market manufacturers, wholesalers, distributors and service providers. The deal gives Fourshore a platform in the financial services/commercial finance space to pursue growth in asset-based lending across the United States.

ICG Acquires Majority Stake in Lomond; LDC and Management Reinvest

December 2, 2024

Real Estate

ICG has invested in Lomond in a transaction in which LDC exits its original investment but will reinvest alongside ICG, founding Chairman Stuart Pender and Lomond management. The recapitalization provides capital to support Lomond's continued roll-up strategy and geographic expansion after the business grew from 600 to 1,900 employees and completed 65 acquisitions under LDC's ownership.

LPL Financial Acquires Crown Capital Securities' Wealth Management Business

May 8, 2024

Wealth Management

LPL Financial has closed its acquisition of the wealth management business of Crown Capital Securities, L.P., a full-service broker-dealer and registered investment advisor based in Orange County, California. Approximately 125 advisors representing about $1.3 billion of brokerage and advisory assets have been onboarded to LPL as of May 8, 2024, with roughly $3.7 billion expected to transfer in the coming months.