November 9, 2023

ABL Advisor (Bryn Mawr, PA) November 9, 2023 – MidCap Financial (managed by Apollo Capital Management, L.P., a subsidiary of Apollo Global Management, Inc.) has provided a $23 million senior revolving credit facility to with the option to increase to $30M. The MidCap credit facility is part of a successful refinancing of the Company’s capital structure which will help support the Company’s continued growth.  Proceeds from the credit facility were used to refinance the Company’s existing revolving credit facility and will support’s ongoing working capital needs. FLG partner Mark Archer assisted.

Full press release is here.