STOCKHOLM: Intrum AB has signed a term sheet regarding an investment agreement with an affiliate of Cerberus Capital Management, L.P. for future investments in consumer unsecured non-performing loan portfolios. This agreement allows Intrum to scale its investment activity without increasing its debt, providing servicing revenues and additional portfolio management revenues, in line with its ‘capital-light’…
Tag: affiliate
Mill Point Capital’s affiliate acquires Reel Telecommunications
DEERFIELD BEACH: Reel Telecommunications, a communications construction services firm, has been acquired by Full Circle Fiber Partners, an affiliate of Mill Point Capital. Reel will continue to operate independently under its new name, Reel Broadband LLC. Reel is a fast-growing business that will continue to expand its leadership in telecommunications infrastructure services within the Full…