New Mountain Capital, which manages more than $35 billion across private equity, credit and net lease real estate, closed its latest direct lending fund, New Mountain Guardian III BDC, with approximately $1.15 billion of capital commitments from investors.
Private equity company New Mountain Capital acquired Georgia-based dental services company Benevis from Lincoln International.
NXT Capital closed a $220 million senior secured credit facility to support New Mountain Capital’s acquisition of Ontario Systems.
Antares served as a lead arranger and is acting as administrative agent for a senior secured credit facility to refinance existing debt and provide additional debt financing for New Mountain Capital’s Gelest.
Citizens Commercial Banking led a new credit facility for Fairfax, VA-based MAG Aerospace to provide working capital and acquisition financing. Citizens served as left lead arranger, joint bookrunner and administrative agent on the transaction.
Ziegler, a specialty investment bank, served as financial advisor in the sale of Naveos to Revint Solutions, a portfolio company of New Mountain Capital.
Barings served as a joint lead arranger on a senior secured credit facility to support New Mountain Capital’s acquisition of DRB Systems.
Franklin Square Capital Partners originated a $260 million unitranche term loan to support the acquisition and combination of Trover Solutions and Equian by New Mountain Capital.
UniTek Global Services received support of its lenders, including affiliates of Littlejohn and New Mountain Capital, representing 100% of its secured debt for its prepackaged restructuring plan.