Concord Arranges $6MM in Senior Debt for CoreCentric Solutions

Concord Financial Advisors arranged a $6 million revolving credit facility for custom equipment remanufacturer CoreCentric Solutions to refinance existing debt and support working capital.

January 20, 2021 Brian Cassell | Concord Financial Advisors | CoreCentric Solutions Phil Neuffer

Avante Capital Partners Completes Unitranche Debt Investment in Power Digital

Women-owned private credit and structured equity firm Avante Capital Partners completed a unitranche debt investment in Power Digital to support a portfolio company’s refinancing by Periscope Equity, a Chicago-based private equity firm focused on technology sectors.

January 20, 2021 Avante Capital Partners | Grayson Lafrenz | Ivelisse Simmon | John Findlay | Periscope Equity | Power Digital Phil Neuffer

Abacus Arranges $26.3MM Debt Facility to Support Buyout of BioDerm by Mountaingate

Abacus Finance Group served as administrative agent and lead arranger for $26.3 million in senior secured credit facilities to support the leveraged buyout of BioDerm by Mountaingate Capital.

January 19, 2021 Abacus Finance Group | Austin Rendell | BioDerm | Eric Petersen | Goulston & Storrs | Mountaingate Capital | Stew Fisher | Tim Clifford Phil Neuffer

Mercantile and Muzinich Finance Debt for Blackford’s Investment in Aqua-Leisure Industries

Mercantile Bank provided debt financing and Muzinich & Co. provided debt and equity financing to support Blackford Capital’s investment in Aqua-Leisure Industries, a developer of water sport leisure products and aquatic goods.

January 14, 2021 Aqua-Leisure Industries | Blackford Capital | Duff & Phelps | Grant Thornton | Jon Pratt | Martin Stein | Mercantile Bank | Muzinich & Co. | Rush Street | Steve Berenson | Tully & Holland | Varnum Phil Neuffer

Morgan Stanley Arranges Junior Capital Financing for Talent Systems

Morgan Stanley Private Credit served as co-lead arranger on junior capital securities for Caltius Equity Partners’ portfolio company, Talent Systems, to refinance existing debt and support the company’s acquisition of Spotlight Unlimited.

January 14, 2021 Alex Amin | Ashwin Krishnan | Bill Gassman | Caltius Equity | Garrick Ahn | Morgan Stanley Private Credit | Rafi Gordon | Spotlight Unlimited | Talent Systems Phil Neuffer

SVB Provides $30.42MM in Debt Financing for Affimed

Silicon Valley Bank German Branch provided immuno-oncology company Affimed with up to $30 million (€25 million) in term loans for debt financing.

January 11, 2021 Affimed | Angus Smith | Nooman Haque | Oscar Jazdowski | Silicon Valley Bank Phil Neuffer

TCF and Patriot Capital Provide Financing for Naprotek in Acquisition by Edgewater

TCF National Bank and Patriot Capital provided financing to Naprotek in connection with the company’s acquisition by Edgewater Capital Partners. FocalPoint Partners served as financial advisor to Edgewater.

January 11, 2021 Edgewater Capital Partners | FocalPoint Partners | Michael Del Pero | Naprotek | Patriot Capital | Peter Ostergard | TCF National Bank | Thomas Mills Phil Neuffer

TradeCap Partners Provides $1.2MM PO Facility to Pacific NW Household Products Importer

TradeCap Partners facilitated the closing of a $1.2 million purchase order finance facility for an importer of household products based in Oregon. TradeCap was introduced by the company’s financial advisor.

January 11, 2021 Clinton Stanton | purchase order financing | TradeCap Partners Phil Neuffer

Morgan Stanley Leads Debt Financing to Support E.W. Scripps’ Buy of ION Media

Morgan Stanley Senior Funding led debt financing to support the close of E.W. Scripps Company’s acquisition of ION Media Networks. In addition, BofA Securities, Truist Securities, J.P. Morgan and Wells Fargo acted as joint book runners on the debt financing.

January 8, 2021 Akin Gump Strauss Hauer & Feld | BakerHostetler | Berkshire Hathaway | Black Diamond | BofA Securities | Brooks Pierce | Christopher W. Parker | Cooley | debt financing | Dickinson Wright | E.W. Scripps Company | Ernst & Young Capital Advisors | Evercore | ION Media Networks | J.P. Morgan and Wells Fargo | Kirkland & Ellis | Lisa Knutson | Methuselah Advisors | Morgan Stanley | Morgan Stanley Senior Funding | Skadden Arps Slate Meagher & Flom | Thacher & Bartlett | Truist Securities Phil Neuffer

Audax Provides Mezzanine Financing to Support Incline’s Acquisition of Jon-Don

Audax Private Debt was the sole investor in a mezzanine financing supporting Incline Equity Partners’ acquisition of Jon-Don.

January 8, 2021 Audax Private Debt | Incline Equity Partners | John Morley | Jon-Don | mezzanine financing | Steve Ruby Phil Neuffer