West Palm Beach, FL – Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Sole Lender in providing a $50.0 million Senior Secured Credit Facility (the “Financing”) to Above Lending, Inc. (“Above Lending”), a consumer lending company. The financing will be used to fund the origination and acquisition of consumer loans.

About Above Lending

Above Lending is a consumer lending company that originates and markets unsecured debt consolidation loans to eligible consumers. For more information, please visit their website.

About Comvest Credit Partners

Comvest focuses on providing flexible financing solutions to middle-market companies. Comvest provides senior secured, unitranche, second lien, and mezzanine capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations. Credit facilities typically range from $25 million to $200 million for companies with revenues greater than $20 million.  Comvest has offices located in West Palm Beach, Chicago, and New York.  For more information, please visit the website.

About Comvest Partners

Comvest Partners is a private investment firm providing equity and debt to middle-market companies across the U.S. Since its founding in 2000, Comvest has invested over $6.1 billion. Today, Comvest Partners has approximately $5.0 billion of assets under management. Through an extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance.  For more information, please visit the website.

West Palm Beach, FL – Comvest Credit Partners (“Comvest”) has acted as Joint Lead Arranger and Lender in providing a $163 million Senior Secured Credit Facility (“the Financing”) to Camin Cargo Control, Inc.(“Camin”), a third-party service provider of mission critical inspection, testing, and fuel treatment services to the petroleum products industry. Camin is a portfolio company of Metalmark Capital Partners. The Financing was used to refinance existing debt.

About Camin Cargo Control, Inc.

Camin Cargo Control, Inc. is a leading third-party service provider of mission critical inspection, testing, and fuel treatment services to the petroleum products industry. Camin Cargo Control Inc.’s 59 branches, located in 15 countries, are strategically located to serve multiple key ports, refineries, and other petroleum product transfer points throughout the United States, Canada, Latin America and Western Europe. For more information, please visit their website.

About Comvest Credit Partners

Comvest focuses on providing flexible financing solutions to middle-market companies. Comvest provides senior secured, unitranche, second lien, and mezzanine capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations. Credit facilities typically range from $25 million to $200 million for companies with revenues greater than $20 million.  Comvest has offices located in West Palm Beach, Chicago and New York.  For more information, please visit the website.

About Comvest Partners

Comvest Partners is a private investment firm providing equity and debt to middle-market companies across the U.S. Since its founding in 2000, Comvest has invested over $6.1 billion. Today, Comvest Partners has approximately $5.0 billion of assets under management. Through an extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance.  For more information, please visit the website.

West Palm Beach, FL – Comvest Partners (“Comvest”) is pleased to announce a minority investment in Atomic Transport, LLC (“Atomic”), a leading provider of outsourced long‐haul waste transport and transfer station management, providing key services through long‐term contracts for large waste companies.

Headquartered in Chattanooga, TN, Atomic leverages its fleet of equipment to transport municipal solid, liquid, and construction & demolition waste from waste transfer stations to landfills. Today, Atomic provides services through over 17 customer terminals across 14 states.

“Shayne and Mike McCallie have been working in this industry for over 20 years and have built a leading waste hauler that provides high-quality services for their waste management customer base,” said Palmer Rosemond, Principal at Comvest. “We are excited to partner with Atomic and the McCallie brothers, leveraging a new capital structure which optimizes debt-service cost and facilitates easy access to growth capital to serve existing and new contracts. Atomic is very well positioned to continue providing high-quality waste hauling services to a growing market, driven by stable waste volumes and the growth in transfer stations as landfills continue to move away from population centers.”

“This transaction represents an important milestone for Atomic. We will continue to support our existing customers, but with our new financing arrangement, we are much better positioned to support new contracts with new equipment in current and new geographies,” said Shayne McCallie, Atomic Partner & President.

“We are impressed with the significant resources and experience that Comvest brings to the table and believe the partnership will allow us to tackle new growth opportunities,” said Mike McCallie, Atomic Managing Partner. “I am proud of the dedication and significant growth achieved by our team and believe Comvest will help accelerate our trajectory and strengthen our customer relationships.”

“Shayne and Mike have built a best-in-class company, which provides tremendous value to their waste management customers,” said Tom Clark, Senior Partner at Comvest. “We look forward to partnering with the Atomic team as they continue their rapid expansion, becoming the industry-leading hauler of choice.”

Raymond James acted as financial advisor to Atomic Transport in connection with the transaction.

About Atomic Transport:

Atomic Transport is a leading provider of outsourced long‐haul waste transport and transfer station management for the largest waste companies in the U.S. Atomic transports municipal solid, liquid, and construction & demolition waste from transfer stations to landfills, manages terminal stations, and offers unique landfill services to its customer base. The Company is headquartered in Chattanooga, TN and operates across 14 states and over 17 company‐operated terminals, primarily in the Southeast U.S. For more information, please visit the website.

About Comvest Partners:

Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across the U.S. Since its founding in 2000, Comvest Partners has invested over $6.1 billion. Today, Comvest Partners has approximately $5.0 billion of assets under management. Through its extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit the website.

West Palm Beach, FL – Comvest Credit Partners has acted as Administrative Agent and Lender in providing a $190.0 million Senior Secured Credit Facility (the “Financing”) to Uniguest (the “Company”), a leading provider of highly-secure Content Management Software and Managed Services (“CMS”).  The Financing was used to support the acquisition of the Company by Atlantic Street Capital.

About Uniguest

The Company is a provider of secure, fully managed digital engagement technology, providing public facing digital engagement solutions through its proprietary, purpose-built CMS platforms. The Company sells engagement technology, including kiosks, digital signage, meeting room signage, guest room entertainment, mobile applications and internet protocol television, all bundled with managed services and software contracts. For more information, please visit their website website.

About Comvest Credit Partners

Comvest Credit Partners focuses on providing flexible financing solutions to middle-market companies. Comvest provides senior secured, unitranche, second lien, and mezzanine capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations. Credit facilities typically range from $25 million to $200 million for companies with revenues greater than $20 million.  Comvest has offices located in West Palm Beach, Chicago, and New York.  For more information, please visit the website.

About Comvest Partners

Comvest Partners is a private investment firm providing equity and debt to middle-market companies across the U.S. Since its founding in 2000, Comvest has invested over $5.8 billion. Today, Comvest Partners has over $4.7 billion of assets under management. Through its extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance.  For more information, please visit the website.

West Palm Beach, FL – Comvest Partners (“Comvest”) is pleased to announce an investment in Leixir Dental Group (“Leixir” or the “Company”), a technology-enabled provider of outsourced dental solutions serving both independent dentists and dental service organizations (“DSOs”) as well as technology and distribution companies.  The Company operates five dental laboratories across the U.S. in addition to a digital design and manufacturing facility in Gurugram, India.  Harmeet Bindra, founder of Leixir, will continue in his role as CEO and Executive Chairman.

“Today’s dental market demands high-quality production, fast turnaround times, digital design capabilities, and competitive pricing. Leixir is uniquely positioned to address all of these needs,” said Lee Bryan, Senior Partner at Comvest Partners. “Harmeet has built a truly impressive business, and we are very excited to partner with him and the Leixir management team.”

“This transaction represents an important milestone for Leixir. I am proud of the growth our team has achieved and believe Comvest is the ideal partner to support our future growth initiatives,” said Harmeet Bindra. “Comvest brings significant resources, a collaborative approach with management as well as extensive experience creating strategic and operational value for their portfolio companies.”

“Leixir is pushing the boundaries and redefining the role of today’s dental lab.  The Company’s digital capabilities and proprietary end-to-end case management platform, MyLabConnect, are true differentiators which should enable Leixir to continue to capture market share,” said Marshall Griffin, Principal at Comvest Partners. “We look forward to working with Harmeet and the team at Leixir as the Company accelerates its growth trajectory as an industry-leading dental lab solutions platform.”

McDermott Will & Emery served as legal advisor to Comvest. Cain Brothers, a division of KeyBanc Capital Markets, acted as financial advisor and Orrick, Herrington & Sutcliffe LLP acted as legal advisor to Leixir in connection with the transaction.  Financing for the transaction was provided by NXT Capital.

About Leixir Dental Group

Founded in 2013, Leixir operates a network of full-service dental laboratories which offer a complete range of dental products, including crowns and bridges, implants, surgical guides, and dentures, among other dental products. Leixir’s laboratories are built on a centers of excellence model and located strategically to provide dentists with superior services across the country. Leixir has built a fully scalable tech-enabled platform to support its delivery of differentiated services and technology throughout the dental landscape. For more information, please visit www.leixir.com.

About Comvest Partners

Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across the U.S. Since its founding in 2000, Comvest Partners has invested over $5.8 billion. Today, Comvest Partners has $4.7 billion of assets under management. Through its extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit www.comvest.com.

West Palm Beach, FL – Comvest Partners (“Comvest”) is pleased to announce that it has completed the sale of D&S Community Services (“D&S”), a leading provider of residential and community-based services to individuals with intellectual and developmental disabilities (“I/DD”), to The MENTOR Network (“MENTOR”) a premier provider of home and community-based health care and support services.

The combined company will offer a comprehensive array of supports and services nationwide to the I/DD population with a fully built-out infrastructure across multiple care settings, enabling delivery of high-quality services to clients and families.

Headquartered in Austin, Texas, D&S leverages its quality and compliance management expertise to enhance care and optimize outcomes for individuals with I/DD. Since partnering with Comvest in December 2015, D&S has scaled by increasing local market share, expanding into new territories, launching new services and initiatives, and acquiring smaller providers. Today, D&S provides services to over 3,400 consumers across four states.

“We admire the D&S team’s dedication to providing high-quality care and innovative solutions for consumers,” said Lee Bryan, Senior Partner at Comvest. “We are thrilled to have had such a collaborative and synergistic partnership with CEO Mickey Atkins and the rest of the D&S senior team.”

“Comvest served as true partners as we developed new capabilities and expanded our service offerings, and we are grateful for the support they provided,” said CEO Mickey Atkins. “We look forward to our future with MENTOR, which we are confident will support our mission to provide high quality care to I/DD consumers.”

Moelis & Company acted as financial advisor and McDermott Will & Emery acted as legal advisor to D&S in connection with the transaction.

About D&S Community Services

D&S Community Services is a provider of residential and community-based services to individuals with intellectual and developmental disabilities. Founded in 1991 and headquartered in Austin, Texas, D&S provides a full array of services specifically designed to meet the needs of individuals with intellectual and developmental disabilities in Texas, Tennessee, Kentucky, and New Jersey. The Company’s residential and community-based services include supported group home living, intermediate care facilities, foster care, in-home support, day habilitation programs, and specialty therapy and nursing services.

About Comvest Partners

Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across the U.S. Since its founding in 2000, Comvest Partners has invested over $5.8 billion. Today, Comvest Partners has $4.7 billion of assets under management. Through its extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit the website.

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.

About Comvest Credit Partners

Comvest focuses on providing flexible financing solutions to middle-market companies. Comvest provides senior secured, unitranche, second lien, and mezzanine capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations. Credit facilities typically range from $25 million to $200 million for companies with revenues greater than $20 million. Comvest has offices located in West Palm Beach, Chicago, Los Angeles and New York. For more information, please visit the website.

About Comvest Partners

Comvest Partners is a private investment firm providing equity and debt to middle-market companies across the U.S. Since its founding in 2000, Comvest has invested over $5.4 billion. Today, Comvest Partner’s funds have over $4.3 billion of assets under management. Through an extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit the website.

WEST CHESTER, Pa. –  Lasko Products, LLC (Lasko), a leader in home environment products, has acquired Guardian Technologies, LLC (Guardian), a leader in air purification.

Founded in 2002, Guardian develops and supplies air purifiers, humidifiers, UV air sanitizers, essential oil diffusers, HEPA filters and more. Guardian products are sold via e-commerce and retailers under the GermGuardian®, PureGuardian® and PureGuardian® Spa brand names.

As part of the transaction, Dave Brickner, Managing Partner, and Rick Farone, Managing Partner, along with the current employees, will continue with the company. “We are excited in partnering with Lasko to expand our reach and drive value for customers and employees,” said Guardian Managing Partner Rick Farone. “Guardian is committed to developing innovative technologies to provide healthier air quality to consumers and will serve as a complement to the Lasko business.”

Lasko and Guardian Technologies share a strong commitment to healthier, cleaner air and comfortable home environments. “We are excited to welcome Guardian, its customers and employees to Lasko,” said Lasko CEO, Ed Vlacich. “Air purification is a rapidly growing category, and one that is top of mind for many consumers right now. Guardian’s expertise in air purification, with our deep-rooted experience in air movement will strengthen our leadership in the home environment category, and ultimately better serve our customers and consumers.”

About Guardian Technologies, LLC

Guardian Technologies is a leader in air purification. Guardian Technologies is dedicated to bringing innovative, effective and quality home environment products to the consumer market, including cutting edge UV-C technologies. Guardian Technologies markets products under the GermGuardian®, PureGuardian® and PureGuardian® Spa brand names. For more information, please visit GuardianTechnologies.com.

About Lasko Products, LLC

Lasko is a leading home environment company, providing portable fans, heaters, air purifiers, humidifiers, and other air movement products. Lasko has been engineering and building high performance home environment products with leading edge designs in the U.S. and around the world for more than a century. The company’s products are sold through retailers, e-commerce and distributors under the Lasko, Air King and B-Air brands. Lasko is a portfolio company of Comvest Partners, and its executive partner JW Levin Management Partners.  For more information, please visit Lasko.com, AirKingLimited.com and B-Air.com.

SOURCE Lasko Products, LLC

NEW YORK – Morgan Stanley Private Credit and Comvest Partners are pleased to announce their role as co-lead arrangers in providing $90.0 million in junior capital securities to von Drehle Corporation (“von Drehle,” or the “Company”), a leading manufacturer of away-from-home paper products.

“We are pleased to support von Drehle in this comprehensive recapitalization of the Company’s balance sheet and look forward to a successful partnership over the coming years,” said Ashwin Krishnan, Managing Director and a Portfolio Manager of Morgan Stanley Private Credit. “We believe this financing leaves von Drehle well positioned and well capitalized for the future needs of the business,” said Bill Gassman, Executive Director of Morgan Stanley Private Credit.

“von Drehle Corporation is uniquely positioned as a result of its domestic manufacturing capacity and multiple converting facilities across the country,” said Tom Clark, Partner at Comvest. “We are excited to support von Drehle and its management team in continuing to deliver its high-quality products and service levels to its customers,” said Dan Lee, Partner at Comvest.

Headquartered in Hickory, North Carolina, von Drehle Corporation is a leading independent vertical-integrated manufacturer of paper tissue and towels. With its best-in-class paper making facilities in Cordova, North Carolina and Natchez, Mississippi, coupled with a broad footprint of paper converting facilities, von Drehle is able to supply accounts nationwide with industry-leading customer service. The von Drehle family founded the business in 1974 and remain the controlling shareholders of the Company today. For more information, please visit the website.

About Morgan Stanley Private Credit
Morgan Stanley Private Credit, part of Morgan Stanley Investment Management, is a private credit platform focused on direct lending and opportunistic private credit investing in North America and Western Europe. Morgan Stanley Private Credit brings significant expertise in origination, structuring, credit analysis and principal investing with the ability to invest across the debt capital structure, including senior secured loans, unitranche loans and junior debt. For further information, please visit the website.

About Comvest Partners
Comvest Partners is a private investment firm providing equity and debt to middle-market companies across the U.S. Since its founding in 2000, Comvest has invested over $5.1 billion. Today, Comvest’s funds have over $3.6 billion of assets under management. Through an extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit the website.

West Palm Beach, FL – Comvest Credit Partners (“Comvest”) has acted as Co-Lead Arranger and Lender in providing a Senior Credit Facility (the “Financing”) to Seven Seas Water, a developer, owner and operator of critical water infrastructure. The Financing was used to support the acquisition by Morgan Stanley Infrastructure Partners and refinance certain existing debt.

About Seven Seas Water:

Seven Seas Water operates desalination and other water treatment facilities across the Caribbean and in Peru, offering long-term water solutions to governmental, municipal, industrial and hospitality customers. For more information, please visit the website.

About Morgan Stanley Infrastructure Partners:

Morgan Stanley Infrastructure Partners is a leading global infrastructure investment platform. The team has a proven and disciplined approach to investing in infrastructure assets globally and seeks to create value through active asset management and by implementing operational improvements. For further information, please visit the website visit the website.

About Comvest Credit Partners:

Comvest focuses on providing flexible financing solutions to middle-market companies. Comvest provides senior secured, unitranche, second lien, and mezzanine capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations. Credit facilities typically range from $25 million to $200 million for companies with revenues greater than $20 million. Comvest has offices located in West Palm Beach, Chicago, Los Angeles and New York. For more information, please visit the website.

About Comvest Partners:

Comvest Partners is a private investment firm providing equity and debt to middle-market companies across the U.S. Since its founding in 2000, Comvest has invested over $5.1 billion. Today, Comvest Partner’s funds have over $3.6 billion of assets under management. Through an extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit the website.