Chicago, Illinois – NXT Capital announced today that it closed a senior credit facility in support of an affiliate of Peak Rock Capital’s acquisition of Shipley Do-Nuts.
NXT Capital acted as the Sole Lead Arranger and Administrative Agent on this transaction.
Shipley Do-Nuts is a franchisor of the leading do-nut, kolache and coffee shop brand, with hundreds of units operating across the southeastern and southwestern U.S. For over 85 years the Company has provided its distinctive products to a wide variety of loyal consumers.
“We are pleased to close another deal with NXT Capital,” said Michael Graham, Principal, Peak Rock Capital. “We had multiple lender options available but certainty to close was critical and flexibility to execute on our investment strategy were the reasons we chose to move forward with NXT Capital. We knew we could not only trust NXT to get the deal across the finish line but do so while delivering a user-friendly experience.”
Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock’s equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and profit improvement, with expertise in corporate carve-outs and partnering with families and founders seeking first-time institutional capital. Peak Rock’s principals have deep expertise in complex situations and cross‐border transactions, with the ability to provide tailored capital solutions and close transactions quickly where speed and certainty are priorities.
NXT Capital provides structured financing solutions through its Corporate Finance and Real Estate Finance groups and is based in Chicago with offices in Atlanta, Dallas, Los Angeles, Nashville, New York and Phoenix. See www.nxtcapital.com.