Tree Line Capital Partners served as sole lender for a first lien term loan to support McNally Capital’s investment in Re-Sourcing Holdings.
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Re-Sourcing is a leading provider of strategic staffing, consulting, and direct hire solutions, focusing on Compliance, Legal, Information Technology, Finance & Accounting, and HR positions. The company serves clients through six premium brands: JW Michaels & Co., Compliance Risk Concepts, ExecuSource, Perennial Resources International, and Partnership Employment, and Technology Navigators.
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“We’re pleased to have completed our first deal with Tree Line,” said Adam Lerner, partner at McNally Capital. “We chose to work with them due to their strong reputation for efficient processes and post-close financing support, and were impressed with their ability to thoughtfully work through deal structuring topics.”
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“We are excited to launch a relationship with McNally and Re-Sourcing,” added Jonah Glick, senior vice president of Tree Line. “Re-Sourcing, through founder and CEO Joseph Kelly’s stewardship, has established itself as a leader in its markets, and we are excited to partner with them as they continue their impressive history of success. Our buy and build practice is well suited to support Re-Sourcing’s acquisition efforts. The Company has generated an impressive track record of organic growth and we look forward to facilitating further expansion via our additional capital commitment.”
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Forward for Specialty Finance
