CIT’s asset-based lending and sponsor finance businesses served as agent and sole lender on a $25 million revolving credit facility for KMS, a wholesaler of consumer product closeouts and special buys alongside its own line of KMS-sourced products.
Square 1 Bank provided a $45 million credit facility to existing client New State Capital Partners, a private equity firm specializing in middle-market investments.
Alpine Capital, as servicer and sole agent, closed a senior debt financing facility for Capitol Pain Institute, a pain treatment practice, and the affiliated Center for Specialty Surgery of Austin, an ambulatory surgery center.
Crystal Financial served as administrative agent for a $65.5 million senior credit facility to complete an equity recap for Global Holdings by New States Capital Partners.
Alpine Capital, as servicer and agent, closed a senior debt financing facility for LLMS, a New State Capital Partners portfolio company.