SOURCE: Cratos

August 23, 2007 09:00 ET

Cratos Capital Partners Establishes Third Office Location in Chicago, IL

ATLANTA, GA--(Marketwire - August 23, 2007) - Cratos Capital Partners, LLC, an Atlanta-based commercial finance company, announced today the opening of its Chicago office and the appointment of Bradley Byrd and Patrick Wasser. The addition of a Chicago office complements Cratos Capital's existing operating units in Alpharetta, GA and Charlotte, NC.

Bradley Byrd joins as Director of Cratos Capital with responsibility for business development in the Midwest. Byrd most recently spent 10 years at GE Capital and GE Antares Capital, where he originated, structured and closed a broad range of debt transactions. Byrd received a B.S. in Industrial Engineering from Purdue University and an M.B.A. in Finance and Accounting from the University of Michigan.

Patrick Wasser joins Cratos Capital from Madison Capital Funding, where he most recently spent nearly four years working on investment opportunities for the firm. Wasser received a B.A. in Finance and Business Economics from the University of Notre Dame and an M.B.A. from UCLA Anderson School of Management.

"As we seek to expand our presence in the middle market throughout the United States, the opening of our Chicago office serves to broaden our geographic reach," says David Gittleman, President & CEO of Cratos Capital. "We view the Midwest market as an ideal region to provide our unique brand of customer service combined with our broad product line, flexible approach and focus on execution. In addition, we are excited to have a team of talented professionals in place to serve this important market."

About Cratos Capital Partners, LLC:

Cratos Capital was established in May 2006 as a commercial finance company that provides tailored senior and junior debt solutions to middle market companies on a national basis. The company provides cash flow, asset-based and enterprise value loans to mid-sized companies, with commitments ranging from $10 million to $100 million and greater. To date, Cratos Capital has funded 55 transactions representing $823 million in commitments. Cratos Capital is financed by an affiliate of Deutsche Bank and Flat Hat Holdings, LLC and is headquartered in Alpharetta, GA, with satellite offices in Charlotte, NC and Chicago, IL.

Contact Information

  • For more information, please contact:
    Craig Kitchin
    Chief Financial Officer
    Cratos Capital Partners, LLC
    (678) 392-3150
    Email Contact