NXT Provides Senior Credit Facility in Support of Shoreline’s Refinancing of Engelman’s Bakery

NXT Capital provided a senior credit facility to support Shoreline Equity Partners’ refinancing of Engelman’s Bakery. NXT Capital acted as the administrative agent, sole bookrunner and sole lead arranger on this transaction.

“We are pleased to close our second consecutive transaction with NXT Capital in 2024,” Mike Hand, co-founder and managing partner of Shoreline Equity Partners, said. “The NXT Capital team continues to demonstrate great expertise and innovative, flexible solutions throughout the entire process.”