Maranon Capital Closes First Investment
Maranon Capital, L.P. ("Maranon") is pleased to announce the closing of its first investment since beginning operations at the start of 2008. Maranon committed $27 million in financing to support the investment in FishNet Security, Inc. ("FishNet"), a full service provider and reseller of information security software and hardware, by Lake Capital and management.
"Given Lake Capital's expertise in information technology and service-based businesses, we are excited to have partnered with them for our first deal," said Demian Kircher, Managing Director, Maranon Capital. "We look forward to building a long-term relationship with Lake Capital."
Maranon was the sole investor in the subordinated debt and participated in the revolving credit facility and senior term loan.
Kevin Rowe, Principal at Lake Capital stated, "We chose Maranon in large part due to the team's ability to invest across both senior and subordinated debt, in addition to Maranon's ability to close in a timely manner. We are very pleased to have a strong, new senior and subordinated debt partner in Maranon."
Maranon's investment in FishNet demonstrates the effectiveness of its investment strategy of partnering with an experienced financial sponsor and management team in a niche, high growth business platform.
The Maranon team has a solid history of professional collaboration with management teams and private equity sponsors to provide reliable financing solutions. Maranon's team currently consists of nine professionals, including four investment partners, a CFO, three associates and an office manager. We are actively recruiting to round out the team. Please contact Maranon with any of your transaction financing needs.
About Maranon Capital
Maranon Capital, L.P. provides senior and mezzanine debt and equity co-investment financing, primarily for companies in the lower middle market. For more information about Maranon Capital, please visit www.maranoncapital.com.
About FishNet Security, Inc.
Headquartered in Kansas City, MO, FishNet Security, Inc. is a leading professional services company specializing in providing information security solutions to enterprise and small- and medium-size business clients. The company provides audit and assessment, implementation, support, training, staff augmentation, and managed security services. For more information on FishNet Security, Inc., please visit www.fishnetsecurity.com.
About Lake Capital
Lake Capital is a private equity firm that focuses on investments in service-based enterprises across various industries. The firm is currently managing more than $1.3 billion in equity commitments and seeks to build leading services companies through organic and acquisition-enhanced growth. More information about Lake Capital is available at www.lakecapital.com.
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