Norwalk, CT – July 30, 2024 – Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as Revolver and Term Loan lender for a sponsor owned portfolio company operating in the automotive services industry. EPC’s $75 million first out commitment augmented the existing Unitranche lender’s $300 Million Senior Secured Credit Facility and will be used for M&A and general working capital purposes.
About Encina Private Credit
Headquartered in Norwalk, CT, Encina Private Credit (EPC) is a specialty finance company that partners with direct lenders to provide enterprise value loans on a first out basis to private equity-sponsored and non-sponsored borrowers. EPC provides credit solutions in the form of Revolvers, Term Loans and DDTL’s.
For additional information, please visit EPC’s website at https://privatecredit.encinacapital.com.