NXT Capital, a provider of structured financing solutions for the middle market, closed a senior credit facility to support Hidden Harbor Capital Partners’ acquisition of Quaker Valley Foods.
Hidden Harbor Capital Partners, a private equity firm known for its focus on operational improvement, has acquired Quaker Valley Foods, a U.S.-based food distribution company specializing in a wide range of fresh and frozen products. The acquisition aims to leverage Quaker Valley Foods’ stable cash flow and experienced management team to drive long-term growth and value creation.
The senior credit facility provided by NXT Capital encompasses flexible financing solutions, including revolvers, term loans and delayed-draw term loans (DDTLs). These solutions are designed to accommodate the unique needs of middle-market companies like Quaker Valley Foods, which feature annual EBITDA ranging from $5 million to $50 million. NXT Capital’s ability to execute quickly and efficiently played a critical role in facilitating the acquisition.
