Private investment firm Comvest Partners hired David Gibson as a managing director. Gibson will be responsible for originating, structuring and managing debt investments for Comvest Credit Partners, Comvest Partners’ direct lending investment platform.
Comvest Credit Partners, a provider of flexible direct financing solutions to middle-market companies, acted as administrative agent on a $30 million senior secured credit facility to The JG Wentworth Company, a provider of consumer financial services.
Comvest Credit Partners led the refinancing of SMART Financial, an Orlando, FL-based pawn store operator. Comvest acted as administrative agent and sole lender in providing SMART a $68 million senior secured credit facility.
Comvest Credit Partners acted as administrative agent and sole lender for a C$30 million ($2.314 million) delayed draw term loan facility to Merchant Advance Capital.