NXT Capital closed a senior credit facility in support of Align Capital Partners’ refinancing of ISPN Network Services. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.  

“We greatly valued NXT Capital’s market insight, flexibility, and partnership throughout the process. Their support allowed us to close on a highly strategic acquisition, and we look forward to working together again,” said Matt Iodice, Partner, Align Capital Partners.  

Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to help create shared success. ACP manages $1.8 billion in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle market companies accelerate their growth, to the benefit of management, employees and the firm’s investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors.

Founded in 1994, ISPN partners with community-focused broadband providers to help deliver an exceptional customer experience and drive sustainable growth. From 24×7 technical support and network operations to specialized marketing services and content, ISPN helps broadband leaders resource their teams, delight their customers and compete with confidence. By leveraging ISPN’s expertise and industry-focused solutions, broadband organizations can achieve scale and deliver best-in-class service in the communities they serve.