Articles from Brightwood Capital Advisors, LLC

Exonas Capital (“Exonas”), a Connecticut based investment firm, is pleased to announce a strategic investment in VFG Advisory LLC (“Vision” “VFG” or the “Company”), a New Jersey based accounting and business services firm. The investment was supported by Avante Capital Partners (“Avante”) and Brightwood Capital Advisors (“Brightwood”), who provided debt and equity financing for the transaction. The financial terms of the transaction were not disclosed.

Brightwood Capital Advisors, LLC (“Brightwood”), a private credit firm, and PhenixFIN Corporation (“PhenixFIN”), a publicly traded business development company (NASDAQ: PFX), today announced that they have partnered with Insight Equity (“Insight”) to provide a senior secured credit facility and preferred equity facility to support the refinancing of MB Precision Investment Holdings LLC (“Precision” or the “Company”) d/b/a Midstate Machine. Jim Ashton, former Chairman of the Board and CEO of Precision Partners, will be joining the Company’s Board of Directors as part of this transaction. The financial terms of the transaction were not disclosed.

Brightwood Capital Advisors, LLC (“Brightwood”), a private credit firm with over $5 billion in assets under management, today announced that it has partnered with Wacona Capital, LLC (“Wacona”) to support Wacona’s acquisition of Mid-Atlantic Power Specialists, Inc. (“MAPS” or the “Company”). Financial terms of the transaction were not disclosed.

Brightwood Capital Advisors, LLC (“Brightwood”), a private credit firm, today announced the close of a secondary sale of assets from a special purpose vehicle to a new Brightwood-managed continuation vehicle led by Tikehau Capital, a global alternative asset manager. The successful close of the transaction demonstrates Brightwood’s experience in the secondary market and solutions-driven approach to partnerships. Financial terms of the transaction were not disclosed.

Brightwood Capital Advisors, LLC, a private credit firm, announced that it has refinanced existing indebtedness of Subsea Global Solutions (“Subsea” or the “Company”), a portfolio company of GenNx360 Capital Partners (“GenNx360”). Financial terms of the transaction were not disclosed.

Brightwood Capital Advisors, LLC (“Brightwood”), a private credit firm, announced today that it has provided financing to support the purchase of Proficium LLC (“Proficium” or the “Company”) by Mill Point Capital (“MPC”). Financial terms of the transaction were not disclosed.

Allegiance Mobile Health (the “Company” or “AMH”), the largest private Texas-based provider of medical transportation and 911 emergency services, and Brightwood Capital Advisors, LLC (“Brightwood”), a private credit firm with over $5 billion in assets under management, today announced that Brightwood provided AMH with debt and equity financing to support the Company’s organic and inorganic growth strategy. The focus is on continuing to provide a high level of service to AMH’s hospital system and 911 community partnerships and expansion through M&A transactions.

Brightwood Capital Advisors, LLC, a private credit firm, announced that it has closed Brightwood Capital MM CLO 2024-2 Ltd., a $707 million collateralized loan obligation (“CLO”). This CLO represents the second largest new issue middle-market CLO this year, bringing the firm’s year-to-date issuance to $862 million and positioning Brightwood as one of the top three largest middle-market issuers year-to-date, representing over 10% of total middle-market issuance. This also marks Brightwood’s seventh CLO since 2019, bringing the firm’s total CLO issuance to over $3.5 billion.

Brightwood Capital Advisors, LLC, a private credit firm, announced that it has priced Brightwood Capital MM CLO 2024-1 Ltd., a $155 million collateralized loan obligation (“CLO”). This CLO, which represents Brightwood’s sixth issuance since 2019, is a testament to the robustness of the firm’s MM CLO platform, as well as growing investor interest in the asset class.

Brightwood Capital Advisors, LLC, a private credit firm, announced that it has provided financing to support Rockbridge Growth Equity’s (“Rockbridge”) acquisition of TouchFuse, LLC (“TouchFuse”). As part of the transaction, Rockbridge combined TouchFuse with its existing portfolio company, White Glove. Financial terms of the transaction were not disclosed.

Brightwood Capital Advisors, LLC, a leading private credit firm, announced that it has provided financing to support USA DeBusk’s (“The Company” or “USAD”) add-on acquisition of Nitro Lift Technologies, L.L.C., Nitro-Lift Fabrication LLC, and Nitro-Chem Solutions LLC (collectively “Nitro-Lift”). This financing follows a strategic expansion of USAD’s credit facility earlier this year, arranged by Brightwood in July of 2023.

Brightwood Capital Advisors, LLC, a private credit firm, announced it has provided financing to support the acquisition of Southern Elevator Group, Inc. (“Southern” or the “Company”) by Plexus Capital (“Plexus”).

Brightwood Capital Advisors, LLC, a private credit firm, announced it has priced Brightwood Capital MM CLO 2023-1 Ltd., a $319 million collateralized loan obligation. This CLO represents the fifth CLO issued by the firm since 2019.

Brightwood Capital Advisors, LLC, a private credit firm, today announced it has priced Brightwood Capital MM CLO 2020-1, Ltd. Reset, a $426 million collateralized loan obligation. This CLO represents the fourth CLO issued by the firm since 2019. The vehicle is backed by loans the firm has originated for Brightwood Capital Fund IV and is intended to provide that fund with non-recourse financing.

Brightwood Capital Advisors (“Brightwood”), a leading private credit firm, announced that it acted as sole lead arranger and administrative agent to provide a senior secured credit facility in support of Orangewood Partners’ acquisition of Barrington James (“the Company”).