Maranon Capital has provided a senior credit facility to back Comvest Partners‘ acquisition of Statesville, North Carolina-based Engage2Excel, a provider of employee recognition, sales incentives, talent acquisition and consumer loyalty solutions and services. No financial terms were disclosed.
CHICAGO–(BUSINESS WIRE)–Maranon Capital announced today that it was Joint Lead Arranger for a senior credit facility to support Comvest Partners’ acquisition of Engage2Excel (”E2E”).
E2E, headquartered in Statesville, North Carolina, is a leading provider of employee recognition, sales incentives, talent acquisition and consumer loyalty solutions and services. E2E’s solutions focus on attracting, retaining, and engaging both employees and customers to increase productivity and profitability. E2E maintains relationships across a diversified client base ranging from Fortune 100 companies to small and medium-sized businesses.
About Maranon Capital
Maranon Capital, L.P. is an alternative investment management firm focused on private credit investments in middle market companies. 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 $3.5 billion of capital. For more information about Maranon Capital visit www.MaranonCapital.com.
About Comvest Partners
Comvest Partners is a private investment firm providing equity and debt capital to middle market companies across North America. Comvest’s funds have over $3.1 billion of assets under management. For more information visit www.Comvest.com.