NXT Capital closed a senior credit facility in support of Bansk Group’s acquisition of Foundation Wellness. NXT Capital acted as joint lead arranger, collateral agent and administrative agent on this transaction.
“NXT Capital helped us structure the best possible financing solution for the company, ensuring the entire process ran smoothly while addressing all of our needs specific to the transaction and the value creation plan we developed for Foundation Wellness,” Tim Stone, principal of Bansk Group, said. “We look forward to partnering with them on future deals.”
