NXT Capital has provided financing to support Regent Holding Company’s acquisition of Illume through an amendment and expansion of Regent’s existing senior secured credit facility. NXT provided the original senior secured credit facility when Regent Holding Company was recapitalized by Freeman Spogli & Co in October 2015.

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

“We are excited to work with NXT Capital again and appreciate their continued support of Regent,” said Brad Brutocao, a partner at Freeman Spogli. “NXT provided a flexible financing solution to the company through this amendment while ensuring the certainty of debt financing to close this transaction.”

Regent Holding is a global designer, marketer and supplier of home décor and accent products. The company sells its products primarily under three trade brands, Creative Co-Op, Bloomingville and Illume.

Bloomington, MN-based Illume is a vertically integrated designer, manufacturer and marketer of branded and private label home fragrance and personal care products.

Freeman Spogli & Co is a private equity firm dedicated exclusively to investing in and partnering with management in consumer-related and distribution companies in the U.S.