Abacus Finance Group served as administrative agent and sole lead arranger for $17.5 million in senior secured credit facilities to support the leveraged buyout of Zavation Medical Products by LongueVue Capital.

Headquartered in Flowood, MS, Zavation is a designer and manufacturer of a portfolio of consumable, proprietary medical devices and instruments used in spinal surgery. New Orleans-based LongueVue Capital is a private equity firm focused on making situation-driven, value-oriented equity and debt investments in lower-middle market companies to support buyouts, recapitalizations, acquisitions and growth.

“I have nothing but praise – Abacus Finance lived up to its reputation by proving to be a very flexible and reliable partner,” said LongueVue Founding Partner Rick Rees. “Their turnaround was quick and the execution seamless.”

“The Abacus team knows the medical device sector well,” added LongueVue Principal Ryan Nagim, “and was able to give us certainty of closure early in the process.”

New York-based Abacus Finance is a direct lending company that provides cash-flow senior financing for private equity-sponsored middle market companies.