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Firm invests $12 million in SeatonCorp

April 13, 2010

Prospect Capital Corp. announced today it invested $12.3 million in secured debt in SeatonCorp.

Prospect's investment is a second lien loan. Seaton is owned by Leeds Equity Partners, a New York-based private equity firm.

Chicago-based SeatonCorp's operations include Staff Management, its high-volume, vendor-on-premise and managed services staffing division; PeopleScout, which provides recruitment process outsourcing; and StudentScout, which provides recruitment and admissions support for for-profit colleges and universities.