Articles from Comvest Credit Partners

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a senior secured credit facility for Juvare (the “Company”), an Atlanta-based leading global provider of emergency preparedness and response technology. The transaction supported the refinancing of Juvare by Five Arrows, the alternative assets arm of Rothschild & Co, which acquired the Company in 2020.

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, today announced the closing of Comvest Credit 2025-2 CLO, a $403 million collateralized loan obligation (CLO). The transaction represents Comvest Credit Partners’ fourth new CLO issuance in the last year and second CLO issuance in 2025.

Comvest Credit Partners (“Comvest”), a leading middle market direct lending private credit manager with $14.7 billion of assets under management (AUM) on its platform, announced today that it has signed a definitive agreement with Manulife, through its Global Wealth and Asset Management segment, to sell a 75% stake in its private credit business. As part of the agreement, Manulife’s existing Senior Credit team managing $3.7 billion AUM will align with the Comvest team to create a stand-alone $18.4 billion AUM private credit asset management platform.

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a $245 million senior secured credit facility (the “Financing”) for Allied OMS (“Allied” or the “Company”), a Southlake, Texas-based management services organization (MSO) focused on oral and maxillofacial surgery practices. The Financing will be used to refinance Allied’s existing debt and support its future growth initiatives. It coincides with a strategic growth investment in the Company led by 65 Equity Partners alongside co-investor Everberg Capital. Comvest Credit Partners also made a preferred equity investment in the Company.

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the sole lender on a senior secured credit facility (the “Financing”) for Peer Advisors, parent company of Celink, the nation’s leading reverse mortgage subservicer. The Financing supports Celink’s continued ownership by private equity sponsor Further Global Capital Management (“Further Global”).

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, today announced the close of Comvest Credit 2025-1 CLO, a $403 million collateralized loan obligation (CLO). Comvest Credit 2025-1 CLO marks the direct lender’s third CLO closing in the last 10 months, reflecting its commitment to becoming a programmatic CLO issuer.

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the sole lender on a senior secured credit facility (the “Financing”) for Wheeler Fleet Solutions (“Wheeler” or the “Company”), a leading aftermarket truck parts distribution company based in Somerset, Pa. The Financing supported the acquisition of the Company from VSE Corporation (NASDAQ: VSEC) by private equity firm One Equity Partners.

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, today announced the recent close of Comvest Credit 2024-2 CLO (“Comvest CLO-2”), at $650 million. Comvest CLO-2 follows Comvest Credit Partners’ debut collateralized loan obligation (CLO) vehicle in July 2024.

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the sole lender on a $237 million senior secured credit facility (the “Financing”) for Oceans Healthcare (“Oceans”, or the “Company”), of Plano, Texas. The Financing marks Comvest Credit Partners’ fourth investment in Oceans since 2016 and supports the Company’s acquisition of Haven Behavioral Healthcare, Inc., of Nashville, Tenn. Oceans is a portfolio company of private equity firm Webster Equity Partners.

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a senior secured credit facility (the “Financing”) to support the merger of Opexus and Casepoint (together, the “Company”), providers of software technology services to the federal government. The Financing also supported the majority investment in the Company from private equity firm Thoma Bravo.

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Joint Lead Arranger on a $325 million senior secured credit facility for Solidcore, a Pilates workout fitness chain based in Rosslyn, Va. The financing supports the acquisition of a majority stake in Solidcore by private equity firm L Catterton.

Comvest Credit Partners (“Comvest Credit”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the sole lender on a $165 million senior secured credit facility (the “Financing”) for Diesco Industries (“Diesco”, or the “Company”). The Financing will be used to refinance Diesco’s existing debt while providing flexibility for its continued growth and expansion.

Comvest Credit Partners (“Comvest Credit”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a new $230 million senior secured credit facility (the “Financing”) for Pollo Tropical, a Miami-based quick-service restaurant chain specializing in Latin-Caribbean-style cuisine. The Financing will be used to support Pollo Tropical’s refinancing and growth. It follows an earlier Comvest Credit financing for the 2023 take-private acquisition of Fiesta Restaurant Group, Inc., the parent company of Pollo Tropical, by Authentic Restaurant Brands, a portfolio company of Garnett Station Partners (“Garnett Station”). Bain Capital served as a co-lender in the Financing.

Comvest Credit Partners (“Comvest Credit”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on an $85 million senior secured credit facility to support the acquisition of Seatex by The Riverside Company (“Riverside”).

Comvest Credit Partners (“Comvest Credit”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a $144 million senior secured credit facility (the “Financing”) for Sportime Clubs, LLC (“Sportime”), a leading operator of tennis and sports clubs in the New York tri-state area. The Financing will be used to support the recapitalization of the company and provide capital for business growth.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that Kevin Blitz has joined the direct lending investment platform as a Managing Director. Mr. Blitz is responsible for originating, structuring and managing debt investments across Comvest’s targeted investment industries with a primary focus on the healthcare sector. He is based in Comvest’s Chicago office.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on an upsized $218 million senior secured credit facility (the “Financing”) for Purchasing Power, an Atlanta-based provider of voluntary employee benefits. The Financing marks the third upsize Comvest has supported for Purchasing Power since 2016, and will be used to refinance existing debt, provide a dividend to investors and support continued business growth.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, today announced the recent closing of its debut Collateralized Loan Obligation (CLO), Comvest 2024-1 CLO (“Comvest CLO”), at $500 million.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Joint Lead Arranger and is the co-Administrative Agent alongside Sagard on a $415 million senior secured credit facility (the “Financing”) for WildBrain Ltd. (“WildBrain” or the “Company”) (TSX: WILD), a global media leader in kids' and family entertainment. The Financing, from a group of private lenders, will be used to refinance existing debt and repay debentures.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a senior secured credit facility (the “Financing”) to support the acquisition of TFS, Ltd. (“TFS”), by Southfield Capital.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $153 million senior secured credit facility (the “Financing”) for Pro Food Solutions (“Pro Food”, or the “Company”), a Richmond, Calif.-based distributor and supplier of food products to the U.S. military market. The Financing supports a dividend recapitalization of the business, as well as organic and acquisitive growth. Pro Food is a portfolio company of IMB Partners.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $70 million senior secured credit facility (the “Financing”) for Nationwide Energy Partners (“NEP”, or the “Company”), an Ohio-based provider of utility management services to the multifamily market. The Financing will be used to retire existing debt and support new strategic initiatives.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a senior secured credit facility (the “Financing”) for Senior Support Holdings (Franchise) Acquisition, Inc. (“Senior Helpers”), a Towson, Md.-based national leader in home care and wellness offerings for seniors. The Financing was used to support the acquisition of Senior Helpers by private equity firm Waud Capital Partners (“Waud Capital”). The funding also provides committed capital for Senior Helpers’ future growth initiatives.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $117 million senior secured credit facility (the “Financing”) for ACT Entertainment (the “Company”), a portfolio company of investment firm BASE Equity Partners (“BASE”). The Financing was used to refinance existing debt and support ACT Entertainment’s acquisitions of Spitfire Creative Technologies, a provider of audio and visual equipment and technology, and Ambersphere Solutions, a provider of professional lighting solutions.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a senior secured credit facility (the “Financing”) for Billhighway (or the “Company”), a Troy, Mich.-based provider of finance management technology solutions for fraternal organizations and associations, and private equity firm Lovell Minnick Partners (“LMP”). The Financing will be used to refinance existing debt and support Billhighway’s acquisition of ChapterSpot, a provider of customer relationship management (CRM).

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $115 million senior secured credit facility (the “Financing”) for Pollo Tropical (the “Company”), a Miami-based fast-casual restaurant chain. The Financing supported the take-private acquisition of Fiesta Restaurant Group, Inc. (NASDAQ: FRGI), the publicly traded parent company of Pollo Tropical, by Authentic Restaurant Brands, a portfolio company of Garnett Station Partners (“Garnett Station”). The financing also provides committed capital to support the ongoing operations of the business.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent and Sole Lender on a $42.5 million senior secured credit facility (the “Financing”) for XDimensional Technologies, Inc. (“XDTI,” or the “Company”), a Brea, Calif.-based provider of insurance technology backed by private equity firm Serent Capital. The Financing was used to refinance existing debt and fund XDTI’s acquisition of I-Engineering, Inc., a Shelton, Conn.-based insurance software firm.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and Sole Lender on a $220 million senior secured credit facility (the “Financing”) to Above Lending (the “Company”), a Houston-based national provider of consumer loans that has been part of Comvest’s Direct Lending portfolio since 2021. The Financing, Comvest’s second upsize, will be used toward Above Lending’s ongoing operations and continued growth.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and Sole Lender on a $153 million senior secured credit facility (the “Financing”) for Oak Dental Partners (“Oak Dental”, or the “Company”), an Atlanta-based dental service organization (DSO). The Financing will be used to refinance the Company’s existing debt and support near-term acquisitions. Comvest also made an equity co-investment in the business.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a $185 million senior secured credit facility (the “Financing”) for Firebirds Wood Fired Grill (“Firebirds”, or the “Company”), a Charlotte-based restaurant chain operator. The Financing will support the acquisition of the Company by private equity firm Garnett Station Partners and fund ongoing business growth.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent on an $87.5 million senior secured credit facility (the “Financing”) for EPS School Specialty (“EPS,” or the “Company”), a national provider of literary education curriculum. The Financing was used to refinance existing debt and fund the acquisition of the Company from School Specialty, LLC, a provider of school educational products and services, by private equity firm Excolere Equity Partners. Comvest also made an equity co-investment in the business.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Joint Lead Arranger on a senior secured credit facility (the “Financing”) for Cardiovascular Logistics (the “Company”), a new national cardiovascular services platform. The Financing supported the formation of the Company by private equity firm Lee Equity Partners through the acquisition of Cardiovascular Institute of the South (“CIS”), one of the country’s largest independent cardiovascular practices. The Financing will also support the platform’s organic and inorganic growth.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent on a $30 million senior secured credit facility (the “Financing”) to The JG Wentworth Company, LLC (“JG Wentworth,” or the “Company”), a leading provider of consumer financial services. The Financing was used to fund a strategic acquisition by the Company and provide capital for further business growth.