[Federal Register Volume 85, Number 175 (Wednesday, September 9, 2020)]
[Notices]
[Pages 55732-55733]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-19882]


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SMALL BUSINESS ADMINISTRATION


Champlain Capital Partners III, L.P.; License No. 09/09-0490; 
Notice Seeking Exemption Under Section 312 of the Small Business 
Investment Act, Conflicts of Interest

    Notice is hereby given that Champlain Capital Partners III, L.P., 
One Post Street, Suite 925, San Francisco, CA 94104, a Federal Licensee 
under the Small Business Investment Act of 1958, as amended (``the 
Act''), in connection with the financing of a small concerns, has 
sought an exemption under Section 312 of the Act and Section 107.730, 
Financings which Constitute Conflicts of Interest of the Small Business 
Administration (``SBA'') Rules and Regulations (13 CFR 107.730). 
Champlain Capital Partners III, L.P. (``Champlain III'') is proposing 
to provide financing to Stewart-

[[Page 55733]]

MacDonald Manufacturing Company (``StewMac'') to support the Company's 
growth.
    The proposed transaction is brought within the purview of Sec.  
107.730 of the Regulations because Champlain Capital Partners II, L.P., 
an Associates of Champlain III by virtue of Common Control as defined 
at Sec.  107.50, holds 30% of equity interest in StewMac. Champlain II 
expects to receive $19 million from the proposed transaction.
    Therefore, the proposed transaction is considered self-deal 
pursuant to 13 CFR 107.730 and requires a regulatory exemption. Notice 
is hereby given that any interested person may submit written comments 
on the transaction within fifteen days of the date of this publication 
to Acting Associate Administrator for Investment, U.S. Small Business 
Administration, 409 Third Street SW, Washington, DC 20416.

Christopher L. Weaver,
Acting Associate Administrator, Office of Investment and Innovation.
[FR Doc. 2020-19882 Filed 9-8-20; 8:45 am]
BILLING CODE P