News

Read the latest press releases about Pathlight Capital.

Recent Press Releases:

  • Pathlight Capital LLC Announces $50 million Term Loan to The Gymboree Corporation.

    BOSTON, MA—May 3, 2016—Pathlight Capital LLC, a portfolio company of Lightyear Capital, announced it is serving as the ABL Term Loan Agent on a $50 million last out, first lien, term loan facility to The Gymboree Corporation, a high-quality apparel and accessories retailer for children under the Gymboree, Gymboree Outlet, Janie and Jack, and Crazy 8 brands, as well as play programs for children under the Gymboree Play & Music brand. Read more

    Gymboree
  • Pathlight Capital LLC Announces the Hiring of David Helmes as Managing Director.

    BOSTON, MA — February 22, 2016 Pathlight Capital LLC, a portfolio company of Lightyear Capital LLC, today announced the hiring of David Helmes as Managing Director. Helmes, who will be based in New York, NY, will focus on sourcing 1st and 2nd lien financing solutions for companies operating in a variety of industries. Read more

    Pathlight Capital LLC.
  • Lightyear Capital Completes Acquistion of Majority Equity Stake in Pathlight Capital LLC.

    NEW YORK, NY — November 23, 2015 Lightyear Capital LLC, a private equity firm specializing in financial services investing, today announced that an affiliated investment fund has completed its acquisition of a majority equity stake in Pathlight Capital LLC ("Pathlight"), a commercial finance company dedicated to providing companies innovative financing solutions to support growth, acquisitions, refinancings, and restructurings. The terms of the transaction were not disclosed. Read more

    Lightyear Capital LLC.
  • Pathlight Capital Announces Term Loan to Sager Creek Acquisition Corp.

    BOSTON, MA — February 28, 2014 Pathlight Capital LLC ("Pathlight"), a portfolio company of Sycamore Partners, today announced it is serving as the Administrative and Collateral Agent on a $32 million, five-year senior secured term loan facility to Sager Creek Vegetable Company ("Sager"). The facility was primarily used by Sager, which is owned by investment funds managed by Sankaty Advisors LLC and GB Credit Partners LLC, to support its acquisition of Allens, Inc., an 87-year old Arkansas-based vegetable processor and food-service provider. Read more

    Furniture Brands International, Inc.
  • Pathlight Capital Announces $20 million Term Loan to HALSTON.

    BOSTON, MA—February 24, 2014—Pathlight Capital, LLC, a portfolio company of Sycamore Partners, announced it is serving as the Administrative and Collateral Agent on a $20 million second lien term loan facility to HALSTON, an iconic luxury fashion brand that operates 11 retail stores offering women’s dresses, handbags and footwear under the Halston, Halston Heritage, and H by Halston brands. Read more

    Furniture Brands International, Inc.
  • Junior Capital team at Wells Fargo Capital Finance and Pathlight Capital provide $100 million term loan to RadioShack

    SANTA MONICA, Calif. and BOSTON, Oct. 3, 2012 /PRNewswire/ -- Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC), recently agented a $100 million term loan for the financing of RadioShack Corporation, a Ft. Worth, Texas-based consumer electronics retailer. Pathlight Capital, LLC, a portfolio company of Sycamore Partners, acted as Syndication Agent on the transaction. Read more

    RadioShack
  • Pathlight Capital Announces Term Loan to Birks & Mayors.

    BOSTON, Aug. 23, 2013 /PRNewswire/ -- Pathlight Capital, LLC, a portfolio company of Sycamore Partners, today announced it will serve as the Administrative and Co-Collateral Agent on a $28 million secured term loan facility to Birks & Mayors, Inc., a retailer of fine jewelry headquartered in Montreal, Canada. Read more

    Birks & Mayors, Inc.
  • Pathlight Capital Announces Term Loan to Furniture Brands International, Inc.

    BOSTON, Sept. 27, 2012 /PRNewswire/ -- Pathlight Capital, LLC, a portfolio company of Sycamore Partners, today announced it will serve as the Administrative and Collateral Agent on a $50 million secured term loan facility to Furniture Brands International, Inc. (NYSE: FBN), a home furnishing company headquartered in St. Louis, MO. The $50 million term loan, which matures September 2017, is part of a larger re-financing effort by the company that includes a new $200 million senior secured asset-based credit facility. The Junior Capital Division of Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE:WFC), will serve as the Documentation Agent on the facility. Read more

    Furniture Brands International, Inc.