Pathgroup recapitalization

Brentwood-based PathGroup Inc. has announced a $100MM recap, under direction of West End-based Brentwood Capital Advisors, which apparently used its $15MM Brentwood Capital Partners fund to help pull off the deal, which also involved BCA's frequent collaborator, Primus Capital Funds, as well as Bank of America, Fifth Third Bank and Chicago's Maranon Capital. BCA's filing last summer indicated the firm hoped to raise $25MM for its sidecar fund.