NXT Capital closed a senior credit facility in support of Tenex Capital’s acquisition of Oliver.

NXT Capital acted as the administrative agent, joint lead arranger and joint bookrunner on this transaction.

“We are pleased to work with the NXT Capital team again,” Perrin Monroe, managing director at Tenex Capital, said. “NXT Capital facilitated the overall transaction quickly and collaboratively alongside management and our team to deliver a great solution for the company.”

Oliver is a provider of highly customized, quick-turnaround, specialty paper-based packaging solutions.