Crown Partners announced its role as exclusive financial advisor to Nexseer Capital, a specialty finance firm providing equipment and project financing solutions, in connection with its management-led buyout. The transaction involved the acquisition of 100% of the company’s equity by its senior leadership team, W. Scott McCullum (CEO), Jon Albin (COO), and Rob Davis (EVP).

In connection with this transaction, Crown Partners facilitated the refinancing of Nexseer’s senior credit facility to support the long-term independence of the newly management-owned platform.  In addition, Crown provided comprehensive strategic advisory and process execution throughout the transaction. 
 
Based in Costa Mesa, CA, Nexseer delivers tailored equipment finance solutions to middle market and large corporate borrowers in the United States and Canada.  Nexseer partners with banks, insurance companies and credit funds to provide leasing and loan structures across a wide variety of industries.

“We congratulate Scott, Jon, Rob, and the entire Nexseer team on this milestone transaction.  In an environment where institutional capital is actively seeking scalable exposure to equipment-backed credit, Nexseer’s platform is well positioned to deliver differentiated origination and asset selection.  We’re proud to have supported the leadership team through this transition,” said Mark Seigel, Managing Partner, Crown Partners.

“Throughout our partnership, Crown has operated as a strategic advisor in the truest sense. They have helped us think through not just the mechanics of the deal, but also the leadership dynamics and long-term vision for the company. Their blend of capital markets insight and executive-level guidance was and remains critical to our success,” said W. Scott McCullum, CEO, Nexseer Capital.

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