CORAL GABLES, Fla., July 28, 2016 /PRNewswire/ -- Esteemed financial organizations, The Cannaregio Group, LLC and American Capital Financial Group, announce today their merger and subsequent creation of TCG Capital LLC. The new venture incorporates two core areas of business, Credit Partners, the financing division and PE Partners, the investing division. Both divisions provide entrepreneurs and established corporations with managerial and operational support, turn-around, and consulting expertise that allow them to grow their businesses, expand their footprint and diversify revenue lines by segmentation both geographically and demographically.
"The leadership of The Cannaregio Group and American Capital Financial Group identified a gap in the market for an integrated financial platform that can fit the specific needs of both our investors and clients," said Anthony Jarrin, TCG Capital managing partner. "Through this merger we are able to fulfill the aforementioned and are proud to deliver these comprehensive services and invest directly alongside our clients and entrepreneurs."
The merger resulted in a consolidated seasoned team of financial professionals who are able to leverage their vast expertise and relationships to offer clients a robust platform that supports their growth and working capital needs as well as deliver consistent and attractive returns to investors in their portfolio companies.
TCG is committed to building a strong, best-in-class, credit-insured asset based loan portfolio to satisfy their clients financing demands. Currently the most important industry sub-sectors they finance are: medical equipment, heavy machinery, canned & packed, frozen, and other consumer goods. The investment arm of the company focuses primarily on acquiring businesses and assets within a broad range of industries that include: consumer goods, manufacturing, hospitality, infrastructure and development.
"Our main focus is to assist our clients in growing their enterprises by providing efficient solutions to the specific challenges they face and to work side-by-side to guarantee they reach their targeted financing objectives. While doing so, we simultaneously align said targets to meet the goals and needs that our investors seek to fulfill," added Juan Carlos Zurita, TCG Capital managing partner.
As of the second quarter this year, TCG Capital formally launched TCG Global Opportunist LLC and TCG Infrastructure LLC. The former entity will handle targeted multi-industry acquisitions and is currently in negotiations with businesses in Spain and Panama, details of which will be released following transaction approval by local country regulators. The latter will focus on targeting infrastructure projects both domestically and internationally. Currently the group is bidding for projects in Ecuador and Texas, under the direction of Mr. Jose Caraballo, managing partner of the infrastructure team and of ADC Group LLC.
TCG Capital is located at 201 Alhambra Circle, Suite 603, Coral Gables, FL 33134. For more information call 305-455-7359 or visit www.tcgcapital.co.
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SOURCE TCG Capital