January 29, 2018
West Palm Beach, FL. – Comvest Credit Partners announced today the final close of Comvest Capital IV, L.P. and affiliated funds (the “Fund”), with total equity commitments of $836 million, exceeding the initial fundraising target of $650 million. Together with fund-level leverage, total available capital is expected to exceed $1.2 billion. Comvest Credit Partners is the
January 17, 2018
West Palm Beach, FL – (January 17th, 2018) – Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Lender in providing an $83.0 million Senior Credit Facility (the “Financing”) to Minute Key Inc. (“minuteKEY” or the “Company”), a portfolio company of Matrix Partners and Serent Capital. The Company is the world’s first and largest
January 9, 2018
West Palm Beach, FL – January 8, 2017 – Comvest Credit Partners (“Comvest”) acted as Administrative Agent and Lender for a C$40 million Senior Term Loan to Cash 4 You Corp. (“Cash 4 You” or the “Company”), a Canadian consumer finance retailer. The proceeds were used to refinance existing debt and provide growth capital. “High-quality
November 29, 2017
West Palm Beach, FL – (November 29, 2017) – Comvest Credit Partners has acted as Syndication Agent on the funding of a Senior Term Loan (the “Financing”) to CarbonLITE Industries, LLC. (“CarbonLITE” or the “Company”), the largest producer of FDA-approved, bottle-grade post-consumer recycled polyethylene terephthalate (“PET”) resins in the United States. CVC Credit Partners acted
October 17, 2017
West Palm Beach, FL – (October 16, 2017) – Comvest Partners, through its Comvest Capital (“Comvest”) lending strategy, has acted as Documentation Agent on the funding of a Senior Credit Facility (the “Financing”) to Citizens Rx, LLC. (“Citizens Rx” or the “Company”), a provider of pharmacy benefit management services. “We are impressed with the Citizens
August 8, 2017
West Palm Beach, FL – July 2017 – Comvest Partners, through its lending strategy, Comvest Capital (“Comvest”), has acted as Administrative Agent and Lender in providing a $90.0 million senior secured credit facility (the “Financing”) for CarePayment Technologies, Inc. (“CarePayment” or the “Company”), a leading patient financial engagement company that partners with healthcare providers to
May 15, 2017
West Palm Beach, FL – May 2017 – Comvest Partners, through its lending strategy, Comvest Capital (“Comvest”), is acting as sole lender and administrative agent for a new senior secured credit facility for C&H Financial Services, Inc. (“C&H”), a transaction processing independent sales organization specializing in payment acceptance. The financing was used to repay existing
May 3, 2017
West Palm Beach, FL – May 2017 – Comvest Partners, through its lending strategy, Comvest Capital (“Comvest”), has acted as documentation agent and lender in a new $135.0 million senior secured credit facility for Cerca Trova Restaurant Concepts, Inc. (“Cerca Trova”) (formerly T-Bird Restaurant Group, Inc.), a portfolio company of H.I.G. Capital (“H.I.G.”). The financing
April 3, 2017
West Palm Beach, FL, April, 2017 – Comvest Partners (“Comvest”) is pleased to announce that Tom Goila has joined the Firm as a Managing Director in Comvest’s direct lending group, Comvest Capital. Tom will be responsible for originating, structuring and managing debt investment opportunities. Tom joins Comvest with over 15 years of experience financing sponsored
February 21, 2017
West Palm Beach, FL – February 2017 – Comvest Partners, through its Comvest Capital (“Comvest”) lending strategy, has expanded on its long-term relationship with Multi-Bank Securities, Inc. (“Multi-Bank” or the “Company”), increasing its term loan to $40 million. Multi-Bank is an institutional fixed income broker-dealer. The term loan will be used to support Multi-Bank’s continued