Encina Private Credit served as Joint Lead Arranger and Joint Bookrunner for a $155 million senior secured credit facility supporting a global technology focused private equity firm for the acquisition of a leading provider of cloud-based enterprise software solutions.
Encina provided First Out financing in the form of a revolving line of credit, term loan, and delayed drawn term loan.
Headquartered in Norwalk, Encina Private Credit (EPC) is a specialty finance company that partners with direct lenders to provide enterprise value loans to private equity-sponsored borrowers. EPC provides credit solutions in the form of two primary products including: 1) First Out revolvers, term loans, & DDTL’s and 2) Pari Passu term loan and unitranche structures.