NXT Capital has provided a senior secured credit facility to refinance WellSpring Pharmaceutical. WellSpring is a portfolio company of Sentinel Capital Partners and Ancor Capital Partners.

The transaction included WellSpring’s add-on acquisition of FDS, a personal care brand that specializes in feminine hygiene products.

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

New York City-based Sentinel Capital Partners is a lower middle-market private equity firm that invests in management buyouts, acquisitions of family businesses, corporate divestitures, industry consolidations and going-private transactions in the U.S. and Canada.

Fort Worth, TX-based Ancor Capital Partners is an operations-oriented private equity firm focused on lower middle-market manufacturing and distribution companies.

Sarasota, FL-based WellSpring Pharmaceutical develops, manufactures and markets specialty prescription and over-the counter brands for U.S. and Canadian markets.