Marathon Asset Management, a global credit manager with more than $24 billion of assets under management, closed a junior capital financing to EXALTA Group, a portfolio company of Montagu. Marathon led the financing that supported the formation of EXALTA through the strategic merger of three Montagu-owned companies including Intech, Resolve Surgical Technologies and Tyber Medical.
“We are pleased to partner with the EXALTA management team and Montagu to provide a bespoke capital solution to form a leading supplier of crucial medical systems,” Bruce Richards, CEO and chairman of Marathon, said. “Our private credit platform is built as a comprehensive offering that provides sponsors, companies and asset owners direct corporate loans, asset-based loans and capital solutions, including senior and junior financings from $50 million to $500 million.”
