Comvest Credit Partners announces investment in Beyond
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WEST PALM BEACH, Fla., February 8, 2021 (GLOBE NEWSWIRE) – Comvest Credit Partners (“Comvest”) acted as administrative agent and sole lender in providing a senior credit facility of $ 110.0 million (the “Funding”) to Beyond Finance, a provider of debt resolution services. The financing will be used to refinance existing debt and finance ongoing working capital requirements.
About Beyond Finance:
Beyond Finance, founded in 2016 and based in Houston, Texas, is a provider of paid debt resolution services. For more information, please visit website.
About Comvest Credit Partners:
Comvest is focused on providing flexible financing solutions to mid-market companies. Comvest provides senior secured, unitranche, second-tier and mezzanine capital to sponsored and unsponsored companies in support of growth, acquisitions, buyouts, refinances and recapitalizations. Credit facilities typically range from $ 25 million to $ 200 million for businesses with revenues over $ 20 million. Comvest has offices located in West Palm Beach, Chicago, Los Angeles and New York. For more information, please visit website.
About Comvest partners:
Comvest Partners is a private equity firm providing equity and debt to mid-market companies across the United States. Since its inception in 2000, Comvest has invested more than $ 5.4 billion. Today, Comvest Partner funds have more than $ 4.3 billion in assets under management. With vast capital resources and an extensive industrial relations network, Comvest Partners provides companies with financial sponsorship, essential strategic and operational support and business development assistance. For more information, please visit website.
For more information:
Greg Reynolds, Comvest – (312) 637-8444, G. Reynolds@comvest.com
Tim Kim, Comvest – (312) 637-8448, T.Kim@comvest.com
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