SG 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 and...
SG 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, Wells Fargo Capital Finance (“Wells Fargo”), was in the process of increasing...
Super G Provides $1.0 Million Seasonal Working Capital Loan
The Company:
Privately owned wholesaler of licensed toys, collectibles, and housewares.
Revenue: $22mm | EBITDA: $2.8mm
The Financing Situation:
The Company needed additional working capital to purchase inventory in advance of the holiday busy season. The Company has a flexible asset-based credit facility from FSW Funding (“FSW”), however, given the seasonality of revenue, the Company’s current accounts receivable balance did not provide...
Super G Provides Seasonal Second Lien Term Loan
The Company:
Family office backed designer, marketer and manufacturer of specialty dancewear.
Revenue: $18mm | EBITDA: $2.4mm
The Financing Situation:
The Company had recently established an inventory based credit facility with Crossroads Financial to fund general working capital needs and was in need of additional liquidity during its low season (April to October) for inventory purchases and general operating expenses. Given the recent...
Super G Provides $1.25 Million EdTech Seasonal Working Capital Loan
The Company:
Provider of a SaaS based system that assists K-12 educators and administrators in managing, overseeing and enhancing their students’ engagement in digital learning environments.
The Financing Situation:
Due to the cyclical nature of education-based budgeting and spending in school districts, cash flow in the EdTech space is highly seasonal. Contracts are paid on an annual basis with the vast majority coming in during one...
Super G Provides $2.0 Million Junior Participation Term Loan
The Company:
Producer of machined and fabricated components and parts for original equipment manufacturers in the agriculture, construction, mining, and oil & gas industries.
The Financing Situation:
The Company was seeking additional working capital to create availability on its line of credit and fund growth initiatives. The Company’s asset based lender, North Mill Capital (“North Mill”), which is not affiliated with Super G, was...
Super G Provides Second Lien Acquisition Financing for Telecom Services Provider
The Company:
Publicly held (OTC) provider of telecom & engineering services and solutions.
Financial Profile (Consolidated): Revenue: $32mm | EBITDA: $2.7mm
The Financing Situation:
The Company was seeking subordinated debt to help finance the acquisition of a telecom staffing company that would expand its geographic footprint and service offerings. Given the consolidated EBITDA profile (<$5mm) of the business, traditional mezzanine...
Super G Provides Second Lien Bridge Loan for Greek Yogurt Brand
The Company:
Privately owned manufacturer of premium artisanal Greek yogurt, handmade from a proprietary family recipe.
Financial Profile: Revenue: $21MM | EBITDA: $2MM
The Financing Situation:
The Company had engaged a middle market investment bank to secure a large round of growth equity capital. During this process, the Company required additional working capital to help complete the opening of a new manufacturing facility that would...
Super G Provides $900,000 Airball Stretch Piece
The Company:
Family-office backed U.S. manufacturer and supplier of specialty textiles.
The Financing Situation:
The Company was in the process of refinancing its existing senior credit facility with a lower cost ABL facility. However, there was insufficient collateral availability to pay off the entire senior credit facility balance. The Company’s M&E was already levered so the shortfall could only be solved with additional equity...
Super G Provides $2.5 Million Seasonal Working Capital Loan
The Company:
Leading producer of perennials, annuals and tropical plants and one of the largest greenhouse operations in the United States.
The Financing Situation:
The Company needed additional working capital for its low season (fall – winter), when sales volumes are at their lowest and preparations for the spring high-volume period begin. The Company has an asset based lending facility in place for working capital, but AR & inventory...
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California loans are made pursuant to SG Credit Partners, Inc.'s California Department of Corporations Finance Lender License No. 60DBO-87290. Credit approval is subject to SG Credit Partners, Inc.'s credit standards, and actual terms (including actual loan amount) may vary by applicant. SG Credit Partners, Inc. requires certain supporting documentation with each new application. Complete disclosures of APR, fees, and payment terms are provided with each loan and are available from SG Credit Partners, Inc. at 23 Corporate Plaza, Suite 100, Newport Beach CA 92660, telephone 1-800-631-2423.