Specialty Lending Archives

First Citizens Supports Halifax Group’s Acquisition of Home Care Services Platform

First Citizens Bank’s healthcare finance business served as joint lead arranger and joint bookrunner on financing for The Halifax Group’s acquisition of the Worldwide Home Care division of Sodexo, a global home care services platform.

Oak Hill Advisors Arranges Financing for Thoma Bravo’s Take-Private of NextGen Healthcare

Oak Hill Advisors served as a lead arranger for the acquisition financing to support Thoma Bravo’s $1.8 billion take-private transaction of NextGen Healthcare, a provider of cloud-based healthcare technology solutions to ambulatory providers.

December 8, 2023 BMO Capital Markets | Eric Muller | NextGen Healthcare | Oak Hill Advisors | Thoma Bravo Ian Koplin

Deerpath Capital Supports Kelvin Group’s Acquisition of Advanced Examination Services

Kelvin Group acquired Advanced Examination Services, a provider of non-destructive testing services for the petroleum, chemical and agricultural industries. Deerpath Capital Management provided debt financing to support the transaction.

Evolution Credit Partners Closes More Than $200MM in New Trade Finance Facilities

Evolution Credit Partners Management, an alternative credit firm with approximately $3 billion in assets under management, closed two new trade finance facilities, including a $150 million inventory financing facility for an automotive company.

December 8, 2023 Evolution Credit Partners Management | Rene Canezin Ian Koplin

Twin Brook Provides Debt Financing to Support Add-On Acquisitions

Twin Brook served as administrative agent on debt financing to support Bregal Partners-backed Juniper Landscaping’s add-on acquisition of Shooter & Lindsey and NMS Capital-backed US Urology Partners’ refinancing and add-on acquisition of Greater Boston Urology.

First Citizens Bank Provides $10MM to FitLife Brands for Acquisition of MusclePharm

First Citizens Bank’s middle-market banking business provided $10 million in financing to FitLife Brands, a provider of proprietary nutritional supplements and wellness products, for the acquisition of the sports nutrition brand MusclePharm.

December 7, 2023 Dayton Judd | First Citizens Bank | FitLife Brands | MusclePharm | Travis Flodine Ian Koplin

Golub Capital Announces Inaugural Insurance Capital Sidecar Transaction

Golub Capital is serving as one of the lead investors in Ruby Reinsurance Company, a newly formed reinsurance sidecar vehicle sponsored by Reinsurance Group of America. The lead investment marks Golub Capital’s inaugural insurance capital sidecar transaction.

December 7, 2023 Golub Capital | Gregory Robbins | Leslie Barbi | Reinsurance Group of America | Ruby Reinsurance Company Ian Koplin

SG Credit Partners Announces $6MM Senior Debt Investment in Plant-Based Snack Company

SG Credit Partners, through its SG Consumer Products division, partnered with a plant-based snack brand, providing a $6 million senior debt investment. The partnership will provide additional capital to support the company’s continued retail expansion and product innovation.

December 6, 2023 SG Credit Partners | Spencer Brown Ian Koplin

Trinity Capital Provides $45MM in Growth Capital to Neurolens

Trinity Capital committed $45 million in growth capital to Neurolens, a company commercializing solutions to optimize vision.

December 6, 2023 Neurolens | Trinity Capital Ian Koplin

Cambridge Savings Bank Provides SBA Term Loan to Fund Construction of Hook + Line Restaurant

Cambridge Savings Bank provided a Small Business Administration term loan to restaurateur Tom Schlesinger-Guidelli. The loan will be used to fund construction and related startup costs for his new venture, Hook + Line, a New England seafood restaurant, and H + L Market, a fast-casual seafood market.

December 5, 2023 Cambridge Savings Bank | Chef Mark Cina | Hook + Line | Jessica Kouyoumjian | Tom Schlesinger-Guidelli Ian Koplin

Category: Specialty Lending