Debt financing holds firm for mid-market

CIT Capital Finance has delivered financing for the Rutland Partners-led acquisition of Pulse Home Products while Electra Private Equity has carried out a third refinancing on Allflex.

Mid-market firms Rutland Partners and Electra Private Equity have managed to raise debt financing despite the collapse in the credit markets.

The mid market firms’ successful fundraising contrasts with the trials of Bain Capital, The Carlyle Group and Clayton Dubilier & Rice under pressure from the investment banks underwriting their $10.3

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