Accel-KKR Credit Partners, Centre Lane Partners and Wells Fargo Capital Finance led a $67 million financing round for Salary.com, a compensation solutions provider. Prior investors H.I.G. Capital and Salary.com’s management also participated.
Huntington Business Credit closed new credit facilities totaling $25.128 million with LL Flex, which is owned by Centre Lane Partners. LL Flex used proceeds of the facilities to refinance existing debt and provide ongoing working capital growth financing.
Williams Industrial Services entered into a new $35 million lending agreement with Centre Lane Partners serving as administrative and collateral agent and as a lender.
Capital Southwest supported the recent acquisition of Zenfolio by Centre Lane Partners with a first lien term loan and a revolving credit facility.
Prospect Capital provided $17.5 million of first lien senior secured floating rate debt to support the recapitalization of Easy Gardener Products, a portfolio company of Centre Lane Partners.
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a $12 million senior credit facility to support the recapitalization of Saladworks by private equity sponsor, Centre Lane Partners.
SSG Capital Advisors said it acted as the investment banker to Saladworks in the sale of substantially all of its assets to an affiliate of Centre Lane Partners.