Capitala Group Announces $30.0 Million Investment in Reliant Account Management, LLC
Capitala Finance Corp (CPTA)
Last capitala finance corp earnings: 3/2 04:30 pm
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US:NASDAQ Investor Relations:
investor.capitalagroup.com/investor-relations
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Source: GlobeNewswire
CHARLOTTE, N.C., Jan. 29, 2019 (GLOBE NEWSWIRE) -- Capitala Group (“Capitala” or the “Company”) announced today that it recently invested a combination of senior secured debt and equity totaling $30.0 million to support Westshore Capital Partners in its acquisition of Reliant Account Management, LLC (“RAM”), a specialized independent third party payment processor and trust accounting company. Headquartered in Knoxville, Tennessee, RAM provides a reliable bridge between companies for accurate and secure commercial transactions and delivering the highest standard of professional excellence for companies in the debt relief, legal and medical industries. About Capitala Group Capitala Group is a $2.7 billion asset management firm that provides capital to lower middle market businesses throughout North America. Capitala’s lower middle market credit strategy focuses on investing in debt securities with minority equity co-investments with less than $250 million in enterprise value throu
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