NXT Capital and MidCap Financial have provided an $85 million senior secured credit facility to support Freeman Spogli’s investment in Regent Holding.

NXT Capital and MidCap Financial were joint lead arrangers and joint bookrunners for this transaction. NXT Capital was also the administrative agent.

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

“We are thrilled to partner with NXT Capital and MidCap Financial in the Regent Holding transaction,” said Chris Johnson of Freeman Spogli. “NXT Capital and MidCap Financial provided a flexible financing solution with certainty, which supports the future growth of the company.”

Regent Holding is a global designer, marketer and supplier of home décor and accent products that are sold throughout North America, Europe and Asia.