Crystal Financial Supports Model N’s Revitas Buy

Crystal Financial, an independent commercial finance company, provided a $50 million term loan facility for Model N to support its acquisition of Revitas.

BofA, Regions, Others Increase Fred’s ABL to Support Rite Aid Buy

To support acquisition by Fred’s of 865 Rite Aid stores, Bank of America, Merrill Lynch and Regions Capital have provided $1.05 billion of committed ABL financing.

Crystal Financial Closes $26MM Facility For Gibraltar Capital Advance

Crystal Financial closed a $26 million senior secured facility for Gibraltar Capital Advance.

TC Lending Agents $50MM Facility to Support Model N Buy

Model N completed its acquisition of Revitas, a provider of life sciences revenue management software. TC Lending served as administrative agent and sole lead arranger for a $50 million term loan to fund the cash portion of the purchase.

BofA, Crystal Financial Agent Turtle Beach Facilities Downsize

Turtle Beach amended its term loan and ABL facility. Bank of America served as administrative agents for ABL transaction and Crystal Financial was administrative agent for the term loan amendments.

Crystal Financial Provides $20MM Facility for Intersections

Crystal Financial closed a $20 million senior term loan for consumer identity protection firm, Intersections.

Crystal Financial $160MM DIP Supports Aéropostale Transformation

Retailer Aéropostale filed voluntary Chapter 11 as part of an effort to transform and reorganize its operations. Crystal Financial committed to provide $160 million DIP financing.

Crystal Financial Provides $17MM Term Loan for Numerex

Crystal Financial has closed a $17 million term loan for Numerex, a managed enterprise solutions enabling the Internet of Things.

Crystal Financial Provides $20MM Term Loan to Intersections

Intersections successfully completed a $20 million term loan financing with Crystal Financial. The company terminated its existing loan agreement with Silicon Valley Bank.

Comvest, Crystal Provide Financing to Crest Financial

Comvest Partners and Crystal Financial acted as co-agents in providing a term loan to Crest Financial.