Daily News: April 16, 2018

NXT Capital Supports May River Dickson Company Acquisition


NXT Capital provided a senior secured credit facility to support May River Capital‘s acquisition of The Dickson Company.

NXT Capital acted as sole lead arranger, administrative agent and sole bookrunner on the transaction.

The Dickson Company manufactures environmental monitoring solutions, including data loggers, chart recorders, indicators and sensors, along with related software tools and services. It primarily serves businesses in the healthcare, pharmaceutical, food and beverage and medical device industries.

May River Capital is a Chicago-based private equity firm focused on investing in lower middle-market industrial growth companies.