Crown Partners served as exclusive financial advisor to CorTech International in arranging a new $70 million unitranche financing, consisting of a $40 million ABL revolving facility and a $30 million term loan.
The new capital structure is designed to enhance CorTech’s liquidity and flexibility as it continues its pursuit of large enterprise relationships.
The financing was provided by a partnership between a credit manager and a middle market credit fund, both active in middle market lending.
“Crown Partners brought a meticulous, sector-specific approach and then executed with precision,” Vincent Rossy, founder and CEO of CorTech International, said. “Their deep knowledge of the staffing industry and how to structure capital for businesses like ours was evident from day one. They didn’t just find us capital—they crafted a thoughtful, flexible solution that positions CorTech to scale with our enterprise clients.”
