Alignment Credit has arranged a senior secured loan for Riverview Companies to refinance existing debt and finance acquisitions. Riverview, a commercial landscaping firm, has rapidly expanded through acquisitions since its inception in 2022 and is backed by Talus Group Holdings.
Alignment Credit, recognized for its strategic credit solutions tailored for growth and lower middle-market companies, has successfully arranged a senior secured credit facility for Riverview Landscape Holdings LLC, also known as Riverview Companies. This funding aims to refinance existing debt and support acquisition activities, enabling Riverview to strengthen its market presence.
Riverview Companies, based in New York, specializes in commercial landscaping as well as ice and snow management, primarily operating in the Northeast United States. Since its establishment in 2022, the company has acquired 11 businesses, positioning itself as a crucial player in these sectors. Riverview is backed by Talus Group Holdings, a private investment firm initiated by John Fitzgibbons’ family office.
In conclusion, Alignment Credit’s recent financial arrangement with Riverview Companies highlights the former’s commitment to fostering growth in lower middle-market enterprises. This partnership is set to enhance Riverview’s capacity to execute its acquisition strategy and solidify its standing as a market leader in landscaping and snow management services in the Northeast.
Original Source: techfundingnews.com
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