CVC Credit Partners provided a $92 million multicurrency first lien credit facility to Calibre Scientific, a life sciences and diagnostics business owned by StoneCalibre.
CVC Credit Partners raised $657 million for its second U.S.-focused direct lending fund, CVC Credit Partners U.S. Direct Lending Fund II. The fund will follow the same strategy as its predecessor fund and invest in established U.S. middle market businesses.
CVC Credit Partners has provided the first lien funding for Vision Growth Partners’ expansion of Alline Salon Group and going forward will further support the growth strategy through the provision of a delayed draw term loan facility.
CVC Credit Partners has provided a unitranche loan and a dedicated acquisition facility to Sabio, a customer experience solutions provider and managed services business, backed by Horizon Capital.
CVC Credit Partners acted as administrative agent on a first lien senior secured credit facility for Industrial Physics. The company used the proceeds to finance an acquisition and refinance existing debt.
CVC Credit Partners acquired commercial lender Northport Capital TRS from Resource Capital. The transaction was supported by a fund advised by Coller Capital.
CVC Credit Partners announced the hiring of Chris Fowler as managing director in the Private Debt team. Fowler joins from GE Capital where he was managing director in the mid-market Leverage Finance team.