SG Credit Partners Provides $3.35 Million to Pharmaceutical Products Company
The Company A newly formed pharmaceutical company setup specifically to acquire, promote, and sell four prescription pharmaceutical products. The Financing Situation Before SG became involved, the Company had agreed to purchase four prescription pharmaceutical products at https://discoverdentalhouston.com/online-pharmacy/ using debt financing with an alternative lender. Due to capital raising issues, this lender defaulted on its financing…
Read MoreSG Credit Partners Provides $6 Million Guarantor Based Loan
The Company A single-asset real estate holding company operating as a subsidiary of a broader multi-family / student housing real estate syndication portfolio. The Financing Situation The Company needed capital quickly to execute on additional portfolio purchases and support working capital at the parent level, where COVID-19 restrictions had temporarily affected occupancy rates at some…
Read MoreSG Credit Partners Provides $2.1MM Unitranche Loan – Collateral Based Term Loan A + Cash Flow Based Term Loan B
The Company Sponsor-backed e-tailer of aftermarket auto parts focused on a niche of the broader aftermarket industry. The Company sells through its Company-owned DTC eCommerce channel as well as through 3rd party marketplaces. Revenue: $37MM | EBITDA: $1.4MM. The Financing Situation Over the past few years a series of events negatively impacted the financial performance of…
Read MoreSG Credit Partners Provides $3MM Structured Cash Flow Facility to Tech-Enabled Services Company
The Company Sponsor-backed document scanning company that provides an array of workflow optimization services. The Company’s scanning service model, coupled with its cloud-based data hosting platform, enables it to transform physical documents to actionable digital data for its customers. Recurring Revenue: $12.5MM | Services Revenue: $3MM. The Financing Situation For the past few years, the…
Read MoreSG Credit Partners Provides $2.5 Million to Consumer Debt Collection Agency
The Company: Privately owned consumer debt collection agency. The Financing Situation: The Company needed capital quickly to move on opportunistic portfolio purchases as well as working capital cushion while collection curves ramped up. The Solution: SG was able to quickly get comfortable with the transaction due to the value of dedicated portfolio collateral as well…
Read MoreSG Credit Partners Provides $4.0 Million to Midwestern Mechanical Contractor
The Company: Full-service mechanical contractor located in the Midwest that provides HVAC, plumbing/piping, and other mechanical services to the commercial and industrial/manufacturing sectors. Revenue: $90 MM | EBITDA: $5 MM. The Financing Situation: The Company recently raised capital from a private equity sponsor that has invested in several construction services businesses. The new ownership group wanted…
Read MoreSG Credit Partners Provides $2 Million Second Lien Cash Flow Loan Secured By Real Estate
The Company: Provider of IT managed services and cloud collaboration solutions. The Company’s management team owns corporate real estate held in a LLC outside of the Company. The Financing Situation: The Company was in need of upfront working capital for new contracts, but did not have availability on its bank ABL. The bank ABL had recently…
Read MoreSG Credit Partners Provides $1.5 Million Second Lien Loan
The Company: Industrial recycling company that sells processed and unprocessed materials to domestic and international mills, foundries, and other material processors. Ownership: Family-owned. Financial Profile: $40 million of revenue. The Financing Situation: Management was exploring a sale of the Company and needed additional working capital beyond the availability on their asset-based credit facility. SG was…
Read MoreSG Credit Partners Provides $5 Million Acquisition Financing
Target Company: Oilfield service provider that specializes in pipeline construction and the fabrication of modularized production facility equipment to midstream operators as well as exploration and production (E&P) companies that operate in the Permian and Eagle Ford Basins.Financial Profile: Revenue: $50mm | EBITDA: $8mm Acquiring Company: An energy-focused holding company that provides financial, technical, operational…
Read MoreSG Credit Partners Provides $2.0MM Second Lien Growth Capital Loan
The Company: Founder owned staffing company that provides a full suite of employment solutions to IT, life sciences, and business services clients. Financial Profile: Revenue: $85.0MM | EBITDA: $4.0MM The Financing Situation: The Company had realized strong revenue growth over the last few years and had a strong pipeline for continued growth. The Company’s bank,…
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