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

Comvest Partners Provides Growth Capital to ClearOne Advantage

September 12, 2023

Financial Services

Comvest Partners completed a growth capital investment in ClearOne Advantage, a Baltimore-based debt resolution services provider, providing follow-on financing to support the company’s growth initiatives. Comvest has been a capital provider to ClearOne since 2017 and will continue supporting ClearOne as it expands its debt settlement services amid rising consumer debt.

Comvest Partners Makes Growth Capital Investment in ClearOne Advantage

February 12, 2024

Financial Services

Comvest Partners completed a new growth capital investment in ClearOne Advantage, a Baltimore-based consumer debt settlement services provider. Comvest has been a capital provider to ClearOne since 2017 and said the new investment will help ClearOne capitalize on industry tailwinds and support its strategic growth plans.

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 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.

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.

Garnett Station Partners Recapitalizes PJW Restaurant Group

December 20, 2021

Restaurants & Hospitality

Garnett Station Partners has recapitalized PJW Restaurant Group, the parent company of P.J. Whelihan's, providing growth capital to support expansion of its 26-restaurant portfolio across New Jersey and Pennsylvania. Comvest Credit Partners provided an $80 million senior secured credit facility to support the transaction; financial terms of the recapitalization were not disclosed. Founder Bob Platzer and the current management team are partnering with Garnett Station under the recapitalization agreement.