Abacus Finance Provides $34.5 Million in Senior Debt Financing to Support the Leveraged Buyout of Media 1 Digital Imaging Solutions, LLC by American Pacific Group

New York, NY, February 6, 2023 – Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for $34.5 million in senior secured credit facilities to support the leveraged buyout of Media 1 Digital Imaging Solutions, LLC by American Pacific Group.

With a combined professional and technical experience of 40+ years, Media 1 Digital Imaging Solutions is a one-stop answer for all large format printing needs. American Pacific Group is a San Francisco Bay Area-based private equity firm with $1.2 billion of capital under management. 

“The transaction process was handled smoothly, and the Abacus team executed the transaction rapidly,” said Fraser Preston, a Managing Partner at American Pacific Group. "The deal team dug deep into the company to learn the business and the industry and closed the transaction in just three weeks – a tremendous effort on their part,” he added.

“We are excited to have had the opportunity to close our first transaction with the team from American Pacific Group” said Tim Clifford, President and CEO of Abacus. “Securing this new relationship is a reflection of our ability to provide speed, cash-flow flexibility, and certainty of close – key aspects of what we call our Total Partnership Approach™.”

“American Pacific Group was great to work with in this transaction, and they brought us a standout company,” added Seth Friedman. “Media 1 Digital Imaging Solutions is a highly attractive, niche business offering a full suite of products and services.”

Abacus team members involved in the transaction included Seth Friedman and Greg Scanlon. Legal counsel was provided to Abacus by Goulston & Storrs, PC.

About Media 1 Digital Imaging Solutions, LLC

Founded in 2001, Media 1 Digital Imaging Solutions, LLC is a one-stop answer for all large format printing needs. A leading, value-added distributor and integrator of digital textile printing solutions, its sales are primarily consumables (textiles/fabric, ink, paper, and solvent), equipment, accessories, and equipment parts. Acting as a one-stop shop for wide-format print shops in the United States, offering its customers a diverse assortment of private label and third-party SKUs and best-in-class product expertise. While the company’s core market focuses on display (banners, flags, trade show graphics, etc.), it has recently entered home décor and apparel sectors. With a combined professional and technical experience of 40+ years, Media 1 is considered a thought leader in the digital printing space, and its customers will often rely on it to develop unique digital printing solutions for them. For more information, please visit mediaoneusa.com.  

About American Pacific Group

American Pacific Group is a San Francisco Bay Area-based private equity firm with $1.2 billion of capital under management. Together, with management teams, American Pacific Group drives sustainable growth in its portfolio companies by leveraging in-house operating partners and the Q Process, a proprietary and tested approach to value creation. For more information, please visit americanpacificgroup.com.

About Abacus Finance Group, LLC

Abacus Finance is a leading direct lending company, focused on providing cash flow senior financing to private equity/family office-sponsored, lower middle-market companies across diverse industries. Since Abacus’s inception in 2011, it has closed over $2 billion in financings. The firm targets private debt financing opportunities of up to $50 million and finances companies with EBITDA between $3 million and $15 million. Abacus is an affiliate of New York Private Bank & Trust, which was founded in 1850.

Abacus Finance is located at 335 Madison Avenue, 23rd Floor, New York, NY 10017. All inquiries and new investment opportunities should be directed to Tim Clifford at 212-850-4620 or cliffordt@abacusfinance.com. Please visit abacusfinance.com for more information.

The Total Partnership Approach™, a registered trademark of Abacus Finance, LLC, brings together cash-flow financing expertise, deep industry knowledge and exceptional client service over the lifecycle of each investment – all providing our sponsors with certainty of close and giving them peace of mind. Our team’s deep industry knowledge combined with an obsession for efficiency results in a turnaround time of under 72 hours. This swift response time is just one aspect of our Total Partnership Approach™ – a comprehensive methodology that reflects our emphasis on growing relationships rather than just focusing on the number of transactions.

Why should you Count on Us™? The answer lies in the deep partnerships we forge by going well above and beyond what sponsors traditionally have come to expect. We don’t believe in the phrase “good enough.” We push ourselves to create custom financing solutions tailored for each company – deals are started from the ground up, and we work side-by-side with the private equity sponsors we serve during each stage of the transaction life cycle.