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Crescent Direct Lending Agents Senior Credit Facility

Posted on: June 10, 2014

Crescent Direct Lending Agents Senior Credit Facility.

We are pleased to announce that Crescent Direct Lending has recently served as Agent to support the investment in Beneco Trust Company, LLC by Alpine Investors. Crescent Direct Lending continues to be one of the most active lenders in the lower middle-market, having completed over 20 financings during the last twelve months. We continue to seek new lending opportunities including platform acquisitions, portfolio add-ons, refinancings, and recapitalization transactions.

About Beneco

Beneco administers benefit plan programs specifically targeting construction contractors who perform projects that are subject to federal, state, city or municipal Prevailing Wage regulations.

About Crescent Direct Lending

Crescent Direct Lending is the private lower middle-market lending team of Crescent Capital Group LP (“Crescent Capital”). We provide flexible senior cash flow loans to private equity-backed lower middle-market companies. Crescent Direct Lending targets companies with over $5 million of EBITDA and can arrange facilities up to $75 million with hold sizes up to $50 million. Crescent Capital is a leading asset manager in the below investment grade credit markets with approximately $14 billion of assets under management, over 60 investment professionals, and in operation for over 20 years.

About Alpine Investors

Based in San Francisco, Alpine invests in U.S.-based companies with EBITDA greater than $5 million. The firm focuses on founder-owned companies with strong historical growth and performance within the digital media, e-Commerce, business services and enterprise software segments. Alpine has managed over $750 million of committed capital since its inception. For additional information on Crescent Direct Lending, including investment criteria and team contact information, please download our Fact Sheet by clicking here.

About William & Henry Associates

William and Henry Associates provides a variety of investment banking services to its clients. Our clients are primarily small and medium-size private, entrepreneurial and family-owned businesses in a variety of industries. The firm serves clients all over the United States from its offices in Los Angeles and Scottsdale.

 

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