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Great American Capital Partners, LLC (GACP), a provider of senior secured loans to middle-market companies and a subsidiary of B. Riley Financial, Inc.
RILY, has received an investment from Tennenbaum Capital Partners, LLC (TCP), a leading alternative investment management firm.
B. Riley Financial logo
"We have worked closely with TCP for many years, and are excited to have their ongoing support," said John Ahn, president of GACP. "We continue to experience robust demand from middle-market companies whose capital needs are not being met by traditional financing sources. Our partnership with TCP—and the capability to leverage its deep investment and industry expertise—augments our ability to capitalize more effectively on attractive opportunities within the credit space."
Philip Tseng, managing partner of TCP, added: "The partnership with GACP reflects TCP's focus on originating and extending non-traditional financing solutions to the underserved middle-market. We have a long history of partnering with Great American on successful transactions, and have great respect for their in-house asset valuation expertise—an expertise that differentiates GACP's platform, providing a tremendous advantage in evaluating potential investments."
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