Printer Friendly

The Cannaregio Group, American Capital Financial Group Merge, Form TCG Capital.

M2 EQUITYBITES-July 29, 2016-The Cannaregio Group, American Capital Financial Group Merge, Form TCG Capital


29 July 2016 - US-based financial organisations The Cannaregio Group, LLC and American Capital Financial Group have merged and created TCG Capital LLC, the companies said.

The new venture incorporates two core areas of business, Credit Partners, the financing division and PE Partners, the investing division.

Both divisions provide entrepreneurs and established corporations with managerial and operational support, turn-around, and consulting expertise that allow them to grow their businesses, expand their footprint and diversify revenue lines by segmentation both geographically and demographically.

The merger resulted in a consolidated seasoned team of financial professionals who are able to leverage their vast expertise and relationships to offer clients a robust platform that supports their growth and working capital needs as well as deliver consistent and attractive returns to investors in their portfolio companies.

TCG is focused on building a credit-insured asset based loan portfolio to satisfy its clients financing demands.

Currently the most important industry sub-sectors they finance are medical equipment, heavy machinery, canned and packed, frozen, and other consumer goods.

The investment arm of the company focuses primarily on acquiring businesses and assets within a broad range of industries that include: consumer goods, manufacturing, hospitality, infrastructure and development.

As of the second quarter this year, TCG Capital formally launched TCG Global Opportunist LLC and TCG Infrastructure LLC.

The former entity will handle targeted multi-industry acquisitions and is currently in negotiations with businesses in Spain and Panama, details of which will be released following transaction approval by local country regulators.

Meanwhile, the latter will focus on targeting infrastructure projects both domestically and internationally. Currently the group is bidding for projects in Ecuador and Texas, under the direction of Jose Caraballo, managing partner of the infrastructure team and of ADC Group LLC.

((Comments on this story may be sent to

COPYRIGHT 2016 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Jul 29, 2016
Previous Article:FinTech Closes USD 350m Acquisition of CardConnect.
Next Article:Mallinckrodt Enters Agreement to Sell Nuclear Imaging Business in USD 690m Deal.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters