Tree Line Capital Partners provided a unitranche first lien credit facility to support the acquisition of Cannon IV by FlexPrint, a portfolio company of Oval Partners. This represents the fourth financing completed for FlexPrint and Oval Partners by Tree Line since December 2015.

“Tree Line has been a key partner for FlexPrint’s growth,” said Oval Partners Managing Director and Co-Founder John Knoll. “Tree Line’s transparent process and ability to think outside the box in crafting tailored structures has helped to deliver financing solutions that have enabled us to complete four acquisitions in the past year.”

Mesa, AZ-based FlexPrint is a privately owned enterprise for managed print and technology services. FlexPrint’s managed solutions and expertise streamlines business workflow for corporate, regional and remote locations under a single national service level agreement. Indianapolis-based Cannon IV is an independent MPS provider and reseller of imaging and printing solutions. This latest acquisition brings FlexPrint’s revenues to more than $100 million.

Oval Partners is a multi-family office investment firm designed to provide liquidity, growth, capital, and acquisition funding to founders of growing businesses across North America.

With offices in San Francisco and New York, Tree Line is a direct lender which provides unitranche, first lien and other junior capital solutions for lower middle market borrowers with $2 million or more of EBITDA in North America.