Comvest Credit Partners closed a new senior secured term loan facility for Another Broken Egg, a Florida-based restaurant operator and franchisor owned by an affiliate of private equity firm The Beekman Group.
Mill City Ventures, a non-bank lender and specialty finance company, established a $5 million revolving credit facility. According to an 8K filed with the SEC, Eastman Investment and Lyle A. Berman, as trustee of the Lyle A. Berman revocable trust, are the lenders for the facility.
Encina Lender Finance provided a $50 million senior credit facility with an accordion feature for an incremental $50 million in potential capacity to Crossroads Financial, a provider of inventory-only revolving credit facilities focused on the below $10 million range.
Ares Commercial Finance provided a senior secured credit facility to Capezio, a manufacturer of dance shoes, apparel and accessories. The credit facility consists of a revolving line of credit and term loan.
NXT Capital closed a senior credit facility in support of Sentinel Capital Partners’ acquisition of TTG Imaging Solutions. NXT Capital acted as the administrative agent, lead arranger and lead bookrunner on the transaction.