Patriot Capital Group is pleased to announce a new subordinated debt and equity investment in Orion ICS, LLC and its wholly owned subsidiary Novotus, LLC. Patriot's investment supported L2 Capital Partners, L.P. and Lakewood Capital, LLC acquisition of Orion.

Founded in 1991, Orion Talent (www.oriontalent.com) has found careers for over 43,000 veterans and operates from offices located throughout the nation. In 2016, the Company expanded its service offerings by acquiring Novotus, now Orion Novotus (www.orion-novotus.com), a full-service Recruitment Process Outsourcing provider. The acquisition combined one of the largest military talent placement firms in the country with an award-winning RPO capability. In turn, the consolidated enterprise created a platform for evolution into a global full-service enterprise talent management and recruiting firm.

About Patriot Capital

Patriot Capital is a leading provider of growth capital to small and medium-sized privately-held companies seeking to finance business expansion, acquisitions, management buyouts and balance sheet recapitalizations. Our senior deal professionals each have more than 20 years of corporate finance and operating experience, enabling us to provide the companies that we invest in with seasoned business judgement as well as strategic capital. Patriot Capital typically invests $5 to $20 million in the form of subordinated debt and equity and we can arrange larger transactions through relationships with our limited partners.