Capitala Finance Corp. Announces Successful Exit and Reinvestment of Portfolio Company, Corporate Visions, Inc

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Capitala Finance Corp. (the "Company" or "Capitala")
CPTA
announced today a $7.1 million realized gain from the full realization of its investment in Corporate Visions, Inc. ("CVI"), a leading marketing and sales messaging, tools and training company. On May 29, 2015, Capitala sold its common equity investment in CVI for cash proceeds of $9.7 million, generating a $7.1 million realized gain. In addition, Capitala was repaid at par, $11.5 million, in respect of its senior subordinated note. The Company has re-invested $17.3 million of its proceeds in CVI, consisting of $15.8 million of senior subordinated debt and $1.5 million of common equity. "Capitala re-invested in the new transaction to support a best in class equity sponsor," says Joseph B. Alala, III, Chairman and CEO of Capitala. "We are also excited to partner again with CVI to support their continued growth and work with one of the strongest management teams in the industry." Management is pleased to report continued progress on lowering the overall percentage of equity investments in the Company's portfolio, while generating realized gains. Thus far during 2015, the Company has had monetizations of its three largest equity investments, including complete realizations of
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