Rotunda Capital Partners, in partnership with Flexpoint Ford, LLC, a Chicago-based private equity firm and existing management, announced the acquisition and recapitalization of Financial Pacific Leasing, LLC from Ares Capital Corporation. Flexpoint Ford acquired a majority interest in Financial Pacific. Rotunda Capital made a minority equity investment in the company, including funds raised from outside investors, and will serve on the Board of Directors. This is Rotunda Capital's second transaction with Financial Pacific.Read more
Rotunda Capital Partners has partnered with a leading Worldwide Express franchisee to consolidate the franchise territory in the greater Chicago area via the acquisition of Air Express of Illinois and the formation of Air Express of Chicago ("AEC"). AEC is one of the top ten largest franchisee's within the Worldwide Express system operating an exclusive territory covering a majority of the greater Chicago-land area.
Worldwide Express is a leading domestic reseller of UPS express and ground shipping services for the small and medium-sized business market. In addition, they serve the LTL package needs of these customers through a nationwide network of common carriers.
Rotunda Capital Partners announces the addition of Robert Wickham as a Partner. Prior to Rotunda, Mr. Wickham was a Principal at Allied Capital in the Private Finance Group where he sourced and executed unitranche, subordinated debt and control-equity transactions. Mr. Wickham served as a rotating member of the Investment Committee and also worked on several portfolio development and workout situations.
Rotunda Capital Partners assisted a prominent alternative asset manager in its purchase of equity and debt securities in a well regarded, international consumer products firm.