Comvest Credit Partners acted as co-lead arranger and lender in providing a senior credit facility to Seven Seas Water, a developer, owner and operator of water infrastructure. Seven Seas Water used the financing to support the acquisition by Morgan Stanley Infrastructure Partners and to refinance certain existing debt.
Seven Seas Water operates desalination and other water treatment facilities across the Caribbean and in Peru.
Morgan Stanley Infrastructure Partners is a global infrastructure investment platform.
Comvest provides senior secured, unitranche, second lien and mezzanine capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings and recapitalizations. Credit facilities typically range from $25 million to $200 million for companies with revenues greater than $20 million.
