Comvest Credit Partners acted as administrative agent and lender in providing a $92.2 million senior secured credit facility to Cassavant Holdings, a vertically-integrated manufacturer of precision-machined components and sub-assemblies serving the aerospace and defense industries.
The financing was used to fund the acquisition by Gallant Capital Partners and refinance certain existing debt.
Gallant Capital Partners is a private equity firm that makes control investments in technology, industrial and business services companies.
Comvest focuses on providing flexible financing solutions to middle-market companies.
