NXT Capital Agents $175MM Facility to Support MHS Acquisition
NXT Capital upsized the senior credit facility for Material Handling Services to $175 million to support the acquisition of National Glass & Gate Services.
NXT Capital upsized the senior credit facility for Material Handling Services to $175 million to support the acquisition of National Glass & Gate Services.
PNC Riverarch Capital acquired Five Star Food Service, a provider of on-site food and beverages. Twin Brook Capital, NXT Capital and MidCap Financial Services provided senior debt financing to support the transaction.
NXT Capital closed its latest $900 million private debt fund focused on middle market direct lending. Wells Fargo is expected to upsize NXT’s credit facility to $600 million in Q4/16.
Moody’s Investors Service upgraded NXT Capital’s corporate family and secured term loan ratings to B1 from B2. Moody’s also maintained the positive outlook on the ratings.
Revelstoke Capital Partners completed its investment in Fast Pace Urgent Care, a portfolio company of Shore Capital Partners.
Yukon Partners, a provider of mezzanine capital for middle market private equity transactions, partnered with Sorenson Capital to support its investment in Axiom Materials.
NXT Capital has upsized its existing senior credit facility for Material Handling Services to $153 million to cover add-on acquisitions.
NXT Capital has provided financing to support Regent Holding Company’s acquisition of Illume through an amendment and expansion of Regent’s existing senior secured credit facility.
NXT Capital has financed Graham Partners’ investment in BrightPet Nutrition Group. Terms of the transaction were not disclosed.
NXT Capital provided a $61 million senior secured credit facility to support the refinancing of EyeCare Services Partners, a portfolio company of Varsity Healthcare Partners.