NXT Capital has provided financing for Altamont Capital Partners’ investment in Access Holdco Management, an insurance management agency. NXT Capital served as joint lead arranger, administrative agent and joint bookrunner for this transaction.

“NXT did an outstanding job on this transaction,” said Pete Meyerdirk, principal of San Francisco-based Altamont Capital Partners. “The team worked quickly to meet our deadline of closing before yearend.”

Altamont Capital Partners is a private equity firm with over $1 billion in capital under management. The firm invests in change-intensive middle market businesses and has made numerous investments in the insurance sector.

Access is a leading full-service insurance managing general agency that serves the non-standard auto market through a network of independent insurance producers in 14 states.