Middle market lending firm Capital Southwest supported Stone-Goff Partners’ recent investment in Danforth Advisors.
Capital Southwest provided a revolver, first lien term loan and an equity co-investment. Capital Southwest will act as the sole investor and administrative agent for the credit facility.
Founded in 2011 and headquartered in Somerville, MA, Danforth provides outsourced finance, accounting and strategic services to the life science and healthcare industry.
“We are pleased to partner with Stone-Goff on its investment in Danforth. Stone-Goff has extensive experience in the business services sector, and we believe its strategic and operational acumen will enhance the exceptional management team and consultant base at Danforth. We look forward to supporting Danforth as it accelerates its next phase of growth,” said Douglas Kelley, managing director of Capital Southwest.
Curtis Harrison, Capital Southwest principal, added, “The life sciences industry is dynamic and complex. Danforth delivers the high level of strategic and financial sophistication required by its client base and has proven itself capable of guiding a company from inception to exit.”
