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Chicago, Illinois – NXT Capital (www.nxtcapital.com) today announced that it has provided a $45 million senior credit facility to fund the recapitalization of Trinity Consultants, Inc. by Gryphon Investors and Management.

NXT Capital was the Sole Lead Arranger, Sole Bookrunner and Administrative Agent for this transaction.

Based in Dallas, TX, Trinity Consultants offers a full range of air quality permitting and compliance services which help its clients comply with increasingly complex federal, state and local air quality regulations.  Trinity also provides complementary environmental services including sustainability and environmental management, EH&S auditing, EH&S information systems, environmental modeling software, and EH&S staffing through its On Demand Environmental business unit.

“NXT Capital’s ability to move quickly and provide a fully underwritten commitment was critical to our ability to prevail in this competitive auction process,” said Alex Earls, Head of Gryphon’s Business Services Group.

Based in San Francisco, Gryphon Investors focuses on leveraged acquisitions of, and growth investments in, middle-market companies in partnership with experienced management. Having managed $1 billion of discretionary equity capital, Gryphon has an extensive track record of investing $25 to $75 million of its own capital in companies with sales ranging from $25 to $250 million. Gryphon prioritizes investment opportunities where it can form proactive partnerships with owners and executives to build leading companies, utilizing Gryphon’s capital, professional resources and operational expertise.

NXT Capital provides structured financing solutions to middle-market and emerging growth companies, as well as real estate investors, through its Corporate Finance, Venture Finance and Real Estate Finance groups. Based in Chicago with offices in New York, Atlanta, Boston, Dallas, Newport Beach and Silicon Valley, NXT Capital targets senior financing opportunities up to $150 million with a hold size up to $50 million. See www.nxtcapital.com for more information.