MidCap Financial and Morgan Stanley Provide $100MM in Financing for UPSTACK

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.

November 3, 2021 Berkshire Partners | Christopher Trapp | Dave Crescenzi | MidCap Financial | Morgan Stanley Private Credit | Sean Sullivan | UPSTACK Ian Koplin

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.

September 24, 2021 Apollo Global Management | Damien Dwin | Don Baylor Jr. | Lafayette Square | Melissa Morrison | MidCap Financial | Reggie Love Ian Koplin

MidCap Financial Provides Senior Secured Credit Facility to Rand McNally

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.

September 14, 2021 MidCap Financial | Rand McNally | TELEO Capital Management Ian Koplin

Midcap Financial and Golub Capital Provide $155MM Debt Facility to Unchained Labs

Unchained Labs closed a $155 million debt facility with Midcap Financial and Golub Capital to support future acquisitions. The debt facilities include a revolver, a term loan and a delayed draw term loan which allow the company to quickly access capital.

August 11, 2021 Golub Capital | MidCap Financial | Tim Harkness | Unchained Labs Ian Koplin

MidCap Financial Provides $50MM Revolver to Transfix

MidCap Financial provided a $50 million senior revolving credit facility to Transfix, a technology-driven digital freight marketplace.

June 21, 2021 MidCap Financial | Transfix Phil Neuffer

SLR Credit Solutions Provides $130MM Term Loan to Revlon

SLR Credit Solutions closed a $130 million senior secured last out term loan for Revlon, which used proceeds from the transaction to refinance existing debt and to provide enhanced liquidity and flexibility.

June 8, 2021 Almay | American Crew | CND | Elizabeth Arden | MidCap Financial | Revlon | SLR Credit Solutions | Tyler Harrington | Victoria Dolan Ian Koplin

MidCap Financial and Apollo Provide $270MM Revolver to Revlon

MidCap Financial replaced Citibank as the collateral agent and administrative agent for the amended 2016 revolving credit agreement of Revlon Consumer Products. MidCap Financial and Apollo affiliates provided the $270 million tranche A revolving credit facility as tranche A revolving lenders.

June 1, 2021 Apollo | Citibank | MidCap Financial | Revlon Ian Koplin

MidCap Financial Provides $250MM Revolver to Vericast

MidCap Financial provided a $250 million senior revolving credit facility to Vericast, a marketing solutions provider. The credit facility refinanced Vericast’s prior credit facility and will provide for the company’s working capital needs.

May 21, 2021 MidCap Financial | Vericast Ian Koplin

Farr Joins Apollo as Senior Partner to Lead Capital Solutions Activities

Craig Farr joined Apollo Global Management as a senior partner to lead the firm’s capital solutions activities. In this newly created role, Farr will spearhead Apollo’s centralized origination, structuring and distribution platform.

May 18, 2021 Apollo Global Management | Carlyle | Citigroup Global Markets | Craig Farr | Howard Widra | Jim Zelter | KKR | MidCap Financial | North American Equity Capital Markets | Scott Kleinman Ian Koplin

MidCap Financial Provides $70MM Credit Facility to Paragon 28

Paragon 28, an orthopedic medical device company focused exclusively on the foot and ankle, entered into a credit facility with MidCap Financial that provides access to up to $70 million in total credit.

May 18, 2021 Albert Dacosta | MidCap Financial | Paragon 28 Ian Koplin