Maranon Capital provided a senior credit facility to back New Heritage Capital’s investment in FMS Solutions. No financial terms were disclosed. FMS provides business process outsourcing services to independent grocers across the U.S., Canada and Caribbean.
Maranon Capital, L.P. today announced that it was Documentation Agent for a senior credit facility to support New Heritage Capital’s investment in FMS Solutions (“FMS”).
Since 1974, FMS has provided comprehensive business process outsourcing services to independent grocers across the U.S., Canada and Caribbean. FMS’ experienced, retail-oriented staff help businesses succeed by transforming historic accounting and payroll activities into timely, accurate decision support tools. Additional information can be found at www.fmssolutions.com.
About Maranon Capital
Maranon Capital, L.P. is an investment firm focused on directly originated private credit. Maranon’s competitive edge is its multi-product strategies that span the balance sheet with value-added financing and equity co-investments. Since 2008, Maranon has committed over $8.0 billion of capital. For more information, visit www.maranoncapital.com.
About New Heritage Capital
New Heritage Capital is a Boston-based private equity firm with a twenty-year history of partnering with growing, middle market, founder-owned businesses. Heritage provides founders with a combination of liquidity and growth capital while allowing founders to maintain control of their business. With decades of experience at managing growth, Heritage gives its partners the strategic, operational and financial guidance to help its companies reach their growth objectives. For more information, visit www.newheritagecapital.com.