MidCap Financial provided a $70 million senior secured revolving credit facility to a luxury accessories retailer and digital platform.
MidCap Financial provided a $30 million senior secured credit facility, consisting of an asset-based revolving line of credit, to H-D Advanced Manufacturing Company.
MidCap Financial Closes $60MM Senior Secured Credit Facility to Bob’s Stores and Eastern Mountain Sports
MidCap Financial provided a $60 million senior secured credit facility to Bob’s Stores and Eastern Mountain Sports. Proceeds of the facility supported GoDigital Media Group’s acquisition of Bob’s and EMS.
TELA Bio, a commercial-stage medical technology company, entered into a credit facility with MidCap Financial, providing TELA with access to up to $50 million in total credit.
Treace Medical Concepts entered into a new five-year, $150 million loan arrangement with MidCap Financial. The loan consists of up to $120 million in term loans and a $30 million revolving credit facility.
MidCap Financial provided a $30 million senior secured revolving credit facility to Jenni Kayne. The MidCap credit facility refinanced the company’s prior credit facility and will support the company’s further growth and working capital needs.
Percent, a capital markets platform, acquired the proprietary portfolio surveillance and risk management technology of MidCap Financial, a specialty finance firm managed by Apollo Capital Management. Financial terms of the deal have not been disclosed.
UPSTACK, an IT solutions company, secured $100 million in financing from MidCap Financial and Morgan Stanley Private Credit. MidCap Financial is the administrative agent, sole arranger and sole bookrunner for the financing.
MidCap and Lafayette Square Provide First Facility as Part of Apollo’s ‘Expanding Opportunity’ Approach
MidCap Financial, in alliance with Apollo Global Management, started a non-exclusive strategic capital relationship with Lafayette Square. In their first joint transaction, Lafayette Square and MidCap Financial Trust agreed to provide a senior secured facility to Zero Waste Recycling.
MidCap Financial provided a senior secured credit facility, comprising an asset-based revolving line of credit and term loan to Rand McNally. Proceeds from the MidCap credit facility will be used as growth capital and to provide for the business’ ongoing working capital needs.