Comvest Partners (“Comvest”) is pleased to announce its investment in Encompass Supply Chain Solutions, Inc. (“Encompass” or the “Company”). With distribution facilities located in Lawrenceville, GA, Davie, FL and Las Vegas, NV, Encompass is recognized as a leading supplier of genuine repair parts, primarily serving the home appliance, consumer electronics, computing, personal care and HVAC
Comvest Partners (“Comvest”) is pleased to announce that it has completed the sale of SunteckTTS Inc. (“SunteckTTS”), a leading multi-modal transportation solutions provider, to MODE Transportation (“MODE” or the “Company”), a leading North American third-party transportation and logistics company. The combined Company will offer a broad range of capabilities across all major modes of transportation
West Palm Beach, FL – (November 8, 2019) – Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Sole Lender in providing a $45.0 million senior secured term loan (the “Financing”) to HOP Energy, LLC (“HOP Energy”), a portfolio company of Delos Capital. “We are pleased to be partnering with Comvest for this important
West Palm Beach, FL – October 15, 2019 – Comvest Credit Partners (“Comvest”) acted as Administrative Agent and Joint Lead Arranger in a senior credit facility (the “Financing”) to support New State Capital Partners’ (“New State”) recapitalization of Global Holdings Acquisition, LLC. (“Global Holdings” or the “Company”). “Comvest has proven to be a great lending
West Palm Beach, FL – (July 9, 2019) – Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Lender in providing a $50.0 million senior secured credit facility (the “Financing”) to PM Pediatrics Management Group, LLC (“PM Pediatrics” or the “Company”), a pediatric urgent care provider. The financing was used to retire certain existing
West Palm Beach, FL, April 30, 2019 – Comvest Partners (“Comvest”) has announced that its portfolio company, Engage2Excel Group of Companies (“E2E Group”), has added Rideau, Inc. (“Rideau”), a global leader of employee recognition solutions, to bolster its career experience platform. Headquartered in Montreal, Rideau provides world-class organizations with an integrated recognition platform that fuels
Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Sole Lender of a $60.0 million Senior Credit Facility to Beyond Finance, Inc. (“Beyond Finance”), a debt resolution services provider. The financing will be used to repay existing debt and fund ongoing working capital needs. “We are excited to partner with Comvest, who brings great
WEST PALM BEACH, FL, April 23, 2019 – Comvest Partners (“Comvest”) is pleased to announce its investment in VanDeMark Chemical Inc. (“VanDeMark” or the “Company”). Headquartered in Lockport, New York and with a facility in Kazincbarcika, Hungary, VanDeMark is recognized as a worldwide leader in the production of specialty phosgene derivatives. The Company provides unmatched
West Palm Beach, FL – (April 10, 2019) – Comvest Credit Partners (“Comvest”) has acted as Administrative Agent in providing a $110.0 million senior secured credit facility (the “Financing”) to Spring Venture Group and affiliates (the “Company”), an insurance brokerage and consulting services provider primarily in the Medicare supplement market. “Comvest has proven to
West Palm Beach, FL – (February 27, 2019) – Comvest Credit Partners (“Comvest”) has acted as Administrative Agent, Sole Lead Arranger, and Sole Bookrunner in providing a $120 million senior credit facility (“Credit Facility”) to Purchasing Power, LLC (“Purchasing Power”), a voluntary benefit company that offers a leading employee purchase program for consumer products and
