FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

NXT Capital Provides Credit Facility in Support Acquisition of Shipley Do-Nuts

Date: Jan 13, 2021 @ 07:00 AM
Filed Under: Industry News

NXT Capital closed a senior credit facility in support of an affiliate of Peak Rock Capital’s acquisition of Shipley Do-Nuts. NXT Capital acted as the Sole Lead Arranger and Administrative Agent on this transaction.

Shipley Do-Nuts is a franchisor of the leading do-nut, kolache and coffee shop brand, with hundreds of units operating across the southeastern and southwestern U.S. For over 85 years the Company has provided its distinctive products to a wide variety of loyal consumers.

“We are pleased to close another deal with NXT Capital,” said Michael Graham, Principal, Peak Rock Capital. “We had multiple lender options available but certainty to close was critical and flexibility to execute on our investment strategy were the reasons we chose to move forward with NXT Capital. We knew we could not only trust NXT to get the deal across the finish line but do so while delivering a user-friendly experience.”   

Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe.



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.