CHICAGO – March 16, 2022 - WhiteHorse Capital (“WhiteHorse”) provided a $105 million Senior Secured Credit Facility to support the add-on acquisition of OneSolution by Avision Sales Group (“Avision”), a portfolio company of Osceola Capital Management.
“The WhiteHorse team was a great financial partner throughout the transaction. We were pleased with their ability to move quickly and tailor the transaction to meet our needs,” said Patrick Watkins, Principal at Osceola Capital Management.
John Yeager, Managing Director at WhiteHorse Capital, added, “We are excited to partner with Osceola Capital and Avision management as they continue to execute on their growth strategy. We look forward to supporting additional growth opportunities down the road.”
About Avision Sales Group
Avision Sales Group provides outsourced sales and marketing services to manufacturers to help them grow their businesses more efficiently and effectively. The company acts as a representative of its manufacturer clients and facilitates relationships with customers across a range of services, including business development, sales planning and marketing efforts. Avision represents manufacturers in the janitorial, hygiene, safety, foodservice disposables, equipment and supply industries. Its product offerings include hand hygiene, cleaning chemicals, disinfectants, sanitation equipment, trashcan liners, gloves, take-out packaging, disposable tableware, and foodservice equipment.
About WhiteHorse Capital
Founded in 2004, WhiteHorse Capital offers flexible, creative lending solutions to middle market companies in the United States, Canada and Europe across a wide range of industries, including Telecom, Media and Technology, Healthcare, Business Services and Financial Services. WhiteHorse has a broad investment mandate to provide senior, subordinated and unitranche debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. Our team has extensive experience and a proven track record of adding value for our clients while employing a long-term relationship oriented portfolio management philosophy. To learn more, please visit our website at www.whitehorse.com .