Middlemarch Partners: Financial Services-Focused Merchant Bank Announces the Closing of Two Independent Sponsored Investments and the Promotion of Elliot Weinberg to Vice President
March 16, 2017 (New York, NY) Middlemarch Partners, a merchant bank with both investment banking and private equity investing capabilities, is pleased to announce the completion of two investments and the promotion of Elliot Weinberg to Vice President.
Project El Dorado secures $10 million dollar credit facility to support the expansion of its commodities trade finance program.
Project El Dorado, a leading gold-focused trade finance company, has secured a $10 million debt facility from Zica Finance S.A. and Middlemarch Capital Partners to expand its gold program. Zica and Middlemarch have been investors in El Dorado since 2013. Middlemarch Capital Partners successfully sourced $10 million dollars from its principals and limited partners including family offices and high net worth individuals.
Project Dynamo secures $10 million dollars of debt to support its equipment trade finance business.
Project Dynamo, a leading equipment reseller has secured $10 million in capital from institutional investors including Middlemarch Capital Partners and high net worth investors to support its equipment trade finance program. The capital is used to purchase large power generation equipment, refurbish the equipment, and sell it to leading global companies in need of power generation systems.
Middlemarch Partners announces the promotion of Elliot Weinberg to Vice President.
Mr. Weinberg joined Middlemarch Partners in 2015 as an Associate and has focused on due diligence, financial modeling, and deal structuring for both banking clients and Middlemarch Capital Partners portfolio companies. Prior to joining Middlemarch Partners, he worked at Silver Lane Advisors and TAG Financial Institutions Group. This promotion reflects both the growth of Middlemarch and the confidence the firm has in Elliot Weinberg. “Elliot has been instrumental to our success over the past year and is an integral member of our team. His insights into how to build growth companies have helped clients achieve their economic potential. His financial acumen is highly valued by our clients,” said Sasha Grutman, one of the co-founders of Middlemarch Partners.
ABOUT MIDDLEMARCH PARTNERS: Middlemarch Partners is a merchant bank that works with companies looking for well-structured and thoughtful solutions to their capital raising, M&A, and strategic partnering needs. Middlemarch is particularly active within the specialty finance, payments, electronic capital markets, financial technology, and business services sectors where companies require sophisticated equity and debt solutions.
As a merchant bank, Middlemarch Partners advises clients on capital raising and M&A as well as selectively invests alongside Institutional investors in transactions it works on as an advisor. Middlemarch Capital Partners, Middlemarch Partners investment arm, can also independently sponsor investments that it offers to its roster of limited partners.
For more information on Middlemarch Partners, LLC, Middlemarch Capital Partners, and our team, please visit www.middlemarchllc.com
Media Contact: Sasha Grutman
SOURCE Middlemarch Partners, LLC
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