Airwavz Solutions, a provider of smart building wireless infrastructure, closed a transaction to significantly upsize its existing credit facility with AB Private Credit Investors (AB-PCI), the middle-market direct lending platform of AllianceBernstein.
With its larger credit facility, and continued support from its equity investors led by Pamlico Capital, Airwavz intends to continue to fund its rapid growth. The expanded partnership with AB-PCI provides Airwavz with access to significant additional capital to build the Airwavz platform, invest in innovation and high-touch service and serve new and existing clients, cementing its reputation as the industry choice for seamless and reliable wireless systems.
“AB-PCI has been a thoughtful and flexible partner to Airwavz and we are grateful for their support,” Shawn Kocher, CFO of Airwavz, said.
