[Federal Register Volume 89, Number 4 (Friday, January 5, 2024)]
[Notices]
[Page 824]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-00010]
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SMALL BUSINESS ADMINISTRATION
[License No. 01/01-0434]
Seacoast Capital Partners IV, L.P.; Notice Seeking Exemption
Under Section 312 of the Small Business Investment Act, Conflicts of
Interest
Notice is hereby given that Seacoast Capital Partners IV, L.P., 55
Ferncroft Road, Suite 110, Danvers, MA, a Federal Licensee under the
Small Business Investment Act of 1958, as amended (``the Act''), in
connection with the financing of a small concern, 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).
Seacoast Capital Partners IV, L.P. proposes to provide financing to
Avenger Flight Group, LLC, 1450 Lee Wagener Blvd., Fort Lauderdale, FL
33315 (``AVF'').
The financing is brought within the purview of Sec. 107.730(a) and
(d) of the Regulations because Seacoast Capital Partners III, L.P., an
Associate of Seacoast Capital Partners IV, L.P., owns more than ten
percent of Avenger Flight Group, LLC, and therefore this transaction is
considered a financing of an Associate requiring prior SBA approval.
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 the Associate Administrator for Investment, U.S.
Small Business Administration, 409 Third Street SW, Washington, DC
20416.
Bailey DeVries,
Associate Administrator, Office of Investment and Innovation, U.S.
Small Business Administration.
[FR Doc. 2024-00010 Filed 1-4-24; 8:45 am]
BILLING CODE P