StagParkway sold to Linsalata Capital Partners

(Dec. 20, 2012) -- Linsalata Capital Partners, a Cleveland-based private equity firm, announced that it has acquired StagParkway, Inc., from Ares Capital Corporation . The acquisition of StagParkway is the first platform investment in the recently raised Linsalata Capital Partners Fund VI, L.P. (LinCap VI), a $427 million fund focused on lower middle market transactions. Terms of the transaction were not disclosed.