NXT Capital today announced that it has provided a senior secured facility to finance Graham Partners’ acquisition of HemaSource Holdings, LLC. NXT Capital was the Sole Lead Arranger, Administrative Agent and Sole Bookrunner for this transaction.
HemaSource supplies medical disposable products and selected capital items used by blood therapies companies. Headquartered in Salt Lake City, Utah, HemaSource serves all 50 states, Puerto Rico, and Canada through its network of distribution centers located in the United States.
“The NXT Capital team’s rapid execution allowed us to meet an aggressive timeline on this transaction,” said Joe Heinmiller, Principal, Graham Partners.
Graham Partners is a private investment firm focused on investing in businesses with proprietary technologies, advanced manufacturing know-how, innovative product development capabilities, and strong growth potential. Based in suburban Philadelphia, the firm has access to extensive operating resources and industrial expertise as a member of The Graham Group, an alliance of independently owned and operated industrial and investment management businesses that share in the common legacy of entrepreneur Donald C. Graham.
NXT Capital provides structured financing solutions to middle-market companies and real estate investors through its Corporate Finance, Equipment Finance and Real Estate Finance groups. Based in Chicago with offices in Atlanta, Charlotte, Dallas, Kansas City, Los Angeles, Minneapolis/St. Paul, New York, Phoenix, San Francisco and Stamford, NXT Capital targets senior financing opportunities of up to $150 million with a hold size up to $50 million.