MidCap Financial provided a $90 million senior secured credit facility to Everde Growers. Proceeds from the credit facility were used to finance the acquisition and exit from bankruptcy as well as provide ongoing working capital.

Everde Growers is a leader within the horticulture industry with a true coast-to-coast footprint consisting of over 6,700 acres in production encompassing 15 farm locations throughout Texas, Florida, California, and Oregon. The Company’s superior growing methods and pruning practices ensure consistent high quality and availability. The inventory mix includes trees, shrubs, perennials, palms, grasses, succulents, tropicals, fruit, and many other items.