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Home Deal Announcements

Marathon Asset Management Arranges Senior Secured Credit Facility to Refinance Owl Cyber Defense

byBrianna Wilson
October 14, 2024
in Deal Announcements

Marathon Asset Management, a global credit manager with more than $23 billion of assets under management, closed a senior-secured credit facility to refinance Owl Cyber Defense, a portfolio company of DC Capital Partners that provides cross domain solutions (CDS) and data diode technology.

“Owl Cyber Defense has a 20 plus year history, leadership in edge security solutions and a focus on quality, innovation and service that has increasingly positioned the company as a value-add partner to its global customer base,” Curtis Lueker, head of direct lending for Marathon, said. “DC Capital Partners is an exceptional middle-market sponsor with specialization in government and engineering markets and a strong strategic vision for future growth.”

“Marathon’s direct lending program works collaboratively with middle market companies and sponsors across industries to provide creative and reliable financing solutions,” Bruce Richards, chairman and CEO of Marathon, said. “Marathon’s private credit platform is designed as a one-stop shop, offering corporate, asset-based and capital solutions, including senior and junior financings ranging from $25 million to $200 million.”

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