/PRNewswire/ LBC Credit Partners ("LBC"), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit.
LBC Credit Partners Supports the Acquisition of Northern Wholesale Supply, LLC prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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Comvest Credit Partners Announces Investment in ARCA Holdings
Comvest PartnersFebruary 16, 2021 GMT
WEST PALM BEACH, Fla., Feb. 16, 2021 (GLOBE NEWSWIRE) Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Sole Lender in providing a $95.0 million Credit Facility (the “Financing”) to ARCA Holdings, a manufacturer of cash automation solutions. The financing was used to repay certain existing debt.
About ARCA Holdings:
ARCA Holdings, founded in 1998 and headquartered in Mebane, NC, is a manufacturer and distributor of fully integrated and proprietary Teller Cash Recycler (“TCR”) machines and other related products that help automate cash deposits and withdrawals for financial, retail, and OEM customers. With corporate headquarters in North Carolina, ARCA has worldwide offices in Italy, France, and the UK with customers in more than 50 countries. For mo
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Comvest Credit Partners Announces Investment in Beyond Finance
Comvest PartnersFebruary 8, 2021 GMT
WEST PALM BEACH, Fla., Feb. 08, 2021 (GLOBE NEWSWIRE) Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Sole Lender in providing a $110.0 million Senior Credit Facility (the “Financing”) to Beyond Finance, a debt resolution services provider. The financing will be used to refinance existing debt and fund ongoing working capital needs.
About Beyond Finance:
Beyond Finance, founded in 2016 and headquartered in Houston, Texas, is a provider of success fee-based debt resolution services. For more information, please visit the website.