Comvest Partners Recapitalizes Renovation Brands

Comvest Partners Leads Management-Backed Recapitalization of Encompass Supply Chain Solutions

January 15, 2020

Logistics & Distribution

Comvest Partners has led a management-backed recapitalization of Encompass Supply Chain Solutions, a U.S.-based distributor of OEM repair parts and provider of 4PL, depot repair and reverse logistics services. The capital will support Encompass' growth plans, including technology upgrades and automation to strengthen its parts distribution and supply-chain service offerings.

Comvest Private Equity Recapitalizes Bland Landscaping

December 11, 2024

Environmental Services

Comvest Private Equity has completed a recapitalization of Bland Landscaping, a regional commercial landscaping services provider headquartered in Apex, North Carolina. Prospect Partners has exited its investment; Bland will continue to be led by CEO Kurt Bland and CFO/COO Matt Bland as Comvest supports further organic and acquisitive growth.

New Heights Capital and Tensile Capital Lead Minority Recapitalization of Aspyr Holdings; Comvest Provides Senior Credit Facility

February 10, 2020

Healthcare Services

New Heights Capital and Tensile Capital Management led a minority recapitalization of Aspyr Holdings LLC, a large Orangetheory Fitness franchisee operating ~33 studios in California. Comvest Credit Partners acted as administrative agent and sole lender on a senior credit facility; proceeds supported the purchase of four additional studios, retirement of existing debt and other growth initiatives.

Renovation Brands Acquires Profile Designs

November 19, 2020

Building Products

Renovation Brands, a parent company of multiple online home improvement brands (owned by Digital Fuel Capital), has acquired Profile Designs, a Port Richey, Florida-based maker of artisanal decorative finishes for American Tin Ceilings. The acquisition will expand American Tin Ceilings' capacity for custom finish projects and broaden Renovation Brands' product offerings in the home improvement / building products market.

New State Capital Partners Recapitalizes Global Holdings

October 15, 2019

Payments & Fintech

New State Capital Partners completed a recapitalization of Global Holdings (Global Holdings Acquisition, LLC) supported by a senior credit facility arranged by Comvest Credit Partners. Global Holdings is a payment and account processing provider to the U.S. consumer debt settlement industry and was highlighted for its recurring revenue and long-standing client relationships.

Comvest Credit Partners Provides $30M Senior Secured Facility to The JG Wentworth Company

February 1, 2023

Financial Services

Comvest Credit Partners acted as administrative agent on a $30 million senior secured credit facility to The JG Wentworth Company to fund a strategic acquisition and provide capital for growth. The financing supports JG Wentworth’s expansion of its consumer financial services offerings, including structured-settlement purchasing, debt resolution, and an upcoming online lending platform.