Barings Backs the Combination of Loftware and NiceLabel
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CHARLOTTE, N.C., Feb. 2, 2021 /PRNewswire/ Barings, one of the world s leading financial services firms, today announced that it has served as Lead Arranger and sole lender of a senior secured credit facility to support the combination of Loftware and NiceLabel. Loftware, Inc., the global leader in Enterprise Labeling and Artwork Management solutions and a portfolio company of Riverside Partners, completed a strategic combination with NiceLabel, a leading developer of label management systems. The combination offers customers and partners an expanded choice of labeling and artwork management solutions, while providing enhanced capabilities and the benefits of greater investment in cloud-based solutions and technologies. Loftware and NiceLabel together bring 60 years of combined expertise in solving labeling challenges for companies of all sizes across a wide range of