Alignment Credit, a provider of credit solutions for lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to Riverview Landscape, d/b/a Riverview Companies, a commercial landscaping and ice and snow management business, to refinance Riverview’s previous debt facilities and provide the acquisition financing.
“We are excited to partner with Alignment Credit as we accelerate our acquisition strategy to become the leading landscaping and ice and snow management company in the Northeast U.S.,” Michael Waterman, CEO and founder of Riverview Companies, said. “Alignment’s collaborative approach, speed to close and ability to devise a creative credit solution uniquely tailored to our strategic needs makes them an ideal growth partner for us.”
“Alignment Credit’s financing will enable Riverview to continue building a critical mass in the landscaping and ice and snow management sector,” Tom Killian Jr., head of corporate development of Talus Group, said. “We welcome Alignment Credit as a provider of strategic debt capital to our portfolio company and are pleased with the outcome of this transaction.”
“Having witnessed Riverview’s rapid growth in the Northeast U.S., disciplined acquisition strategy and ability to efficiently integrate and improve the acquired businesses, Alignment Credit is thrilled to support the company’s talented management team on its quest to become a leading player in the landscaping and ice and snow management sectors,” Vadim Margulis, managing partner of Alignment Credit, said.
