Deploying Private Credit for Mid-Market Expansion

Challenge

The borrower faced a liquidity gap as traditional lenders tightened credit standards and withdrew term sheets due to macroeconomic volatility. The acquisition window was closing rapidly, and delay would have allowed competitors to capture key assets. Standard bank financing timelines of 90+ days were incompatible with the seller’s exigent timeline, threatening the entire growth strategy.

Solution

BroadNorth deployed a dedicated private credit fund to underwrite the transaction in just 14 days. We conducted expedited due diligence on cash flow stability and collateral quality, structuring a first-lien loan with amortization tied to EBITDA milestones. Our legal team drafted a streamlined credit agreement that balanced borrower flexibility with lender protection. This agile capital deployment enabled the client to close all three acquisitions simultaneously, achieving immediate cost synergies and a 25% increase in market share.

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