CHARLOTTE, NC, September 12, 2016 -- (BUSINESS WIRE) -- Capitala Finance Corp. (“Capitala” or the “Company”) (Nasdaq:CPTA) announced today that it recently invested $25.0 million in two new investments.
On September 2, 2016, the Company invested $5.0 million in the second lien debt of California Pizza Kitchen, Inc. (“CPK”). Founded in 1985, CPK is a leading casual dining chain featuring an imaginative line of hearth-baked pizzas, including the original BBQ Chicken Pizza, and a broad selection of distinctive pastas, salads, appetizers, soups, sandwiches and desserts across 265 company-owned and franchised locations.
On September 9, 2016, the Company invested $20.0 million in the first lien debt of AmeriMark Holdings, LLC (“AmeriMark”), parent company of AmeriMark Direct LLC and Dr. Leonard’s Healthcare Corp. Founded in 1969, AmeriMark is a catalog and e-commerce direct marketer of apparel, healthcare, general merchandise and As Seen On TV products. AmeriMark sells its merchandise through ten branded catalog properties and six websites.
About Capitala Group
Capitala Group is a leading provider of capital to lower and traditional middle-market companies, through its family of credit focused funds. Since 1998, Capitala Group's managed funds have participated in over 125 transactions, representing over $1 billion of investments in a variety of industries throughout North America. Capitala Group manages both public capital (Capitala Finance Corp. (Nasdaq:CPTA)) and several private funds for institutional and individual investors, and seeks to partner with strong management teams to create value and serve as long term partners. For more information, please visit CapitalaGroup.com.
About Capitala Finance Corp
Capitala Finance Corp. is a business development company that invests primarily in traditional mezzanine, senior subordinated and unitranche debt, as well as senior and second-lien loans and, to lesser extent, equity securities issued by lower and traditional middle-market companies.Capitala Finance Corp.is managed byCapitala Investment Advisors, LLC. For more information, please visit www.CapitalaGroup.com.
Forward-Looking Statements
This press release contains certain forward-looking statements. Words such as “believes,” “intends,” “expects,” “projects,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Capitala’s filings with the Securities and Exchange Commission. Capitala Finance Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.