August 4, 2020
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
July 21, 2020
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.
July 8, 2020
West Palm Beach, FL – Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Lender in providing a $41.6 million Senior Secured Credit Facility (the “Financing”) to Altruista Health, Inc. (“Altruista Health”), a provider of care management and population health management solutions. Altruista Health is a portfolio company of Martis Capital Management, LLC (“Martis
April 29, 2020
WEST PALM BEACH, Fla., April 28, 2020 (GLOBE NEWSWIRE) — Comvest Partners (“Comvest”) is pleased to announce that Renee Rempe has joined the Firm as a Managing Director in Comvest’s direct lending group, Comvest Credit Partners. Renee will be based in Comvest’s Chicago office and will be responsible for managing and directing strategy on investments
March 2, 2020
West Palm Beach, FL – Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Lender in providing a $92.2 million Senior Secured Credit Facility (the “Financing”) to Cassavant Holdings, LLC (“Cassavant”), a vertically-integrated manufacturer of precision-machined components and sub-assemblies serving the aerospace and defense industries. The Financing was used to fund the acquisition by
February 10, 2020
West Palm Beach, FL – Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Sole Lender in providing a Senior Credit Facility (the “Financing”) to Aspyr Holdings LLC (“Aspyr” or the “Company”), an area representative and franchisee of 33 Orangetheory Fitness locations in San Diego, Orange County, Long Beach, San Francisco and East Bay
January 15, 2020
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
December 10, 2019
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
November 14, 2019
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
October 15, 2019
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