ORIX Leveraged Finance announced the closing of a unitranche debt facility for Luxury Optical Holdings. Proceeds were used to consummate several acquisitions and provide liquidity for the company’s future growth. ORIX Leveraged Finance served as lead arranger, administrative agent and sole lender.

Headquartered in Las Vegas, Nevada, Luxury Optical Holdings is a national retailer of luxury proprietary-branded and third-part optical frames, lenses and sunglasses. The company is principally owned by DLJ Merchant Banking and Goode Partners. Ted Thorp, Co-Head of ORIX Leveraged Finance, said, "We are excited to team up with DLJ Merchant Banking and Goode Partners to support their investment in Luxury Optical Holdings. Our unitranche credit facility is structured to provide a flexible capital solution to achieve the various growth avenues identified by the company and ownership group.”

Michael Stanley, Vice President at Goode Partners, credited ORIX Leveraged Finance with putting together a creative capital structure. He noted, “This is our first transaction with ORIX. They really impressed us with their ability to move quickly and deliver an aggressive one-stop financing. The flexible structure will allow Luxury Optical Holdings to capitalize on the exciting growth opportunities available to the company.”

“We are excited to have the support of ORIX as we continue to execute on the company’s growth plans," said Glenn Reisch, President of Luxury Optical Holdings.

ORIX Leveraged Finance, a business unit of ORIX USA Corporation, is a capital solutions provider focused on senior debt facilities and equity co-investments in well-managed small and mid-sized businesses in all industry sectors throughout the United States.