E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers E > Headlines for ELT Inc. > News item
Published on 5/3/2012 in the Prospect News Private Placement Daily.

ELT to fund merger with $20 million of mezzanine debt from Babson

By Lisa Kerner

Charlotte, N.C., May 3 - ELT Inc. will fund its merger with EthicsPoint Inc. and Global Compliance Services Inc. using $20 million of mezzanine debt and $2 million of equity from Babson Capital Management LLC, it was announced on Thursday.

San Francisco-based ELT provides sign and shelf label printing systems. It is a portfolio company of private equity firm Riverside Co.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.