Mountain Ridge Capital Provides $60 Million Credit Facility to Home Health and Wellness Products Company

FRISCO, Texas, February 24, 2025 -- Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $60 million senior secured credit facility to a midwestern-based premier distributor of home health and personal wellness products.  The MRC facility was used to refinance existing senior debt and will be utilized for working capital purposes to achieve growth/operational objectives.  MRC differentiated itself from competitors by providing additional liquidity and structural flexibility, lending against a variety of asset classes in various legal jurisdictions.

MRC’s Jay Fabian stated, “This refinancing was a testament to MRC’s ability to craft individualized credit facilities tailored to the needs of its borrowers.  We are excited for our partnership with a strong ownership and management team that has shown its ability to successfully steward the business through a variety of economic cycles.”

About Mountain Ridge Capital

Mountain Ridge Capital provides highly customized asset-based revolvers and term loans to middle-market businesses and utilizes an industry agnostic approach to consider advancing against all types of collateral.  Mountain Ridge targets lending to privately-held, family-owned and private equity-backed businesses requiring liquidity to support business transitions, including turnarounds, restructuring, acquisitions and changes in ownership or control.  The Mountain Ridge platform was created in partnership with Arena Investors, LP (www.arenaco.com) in response to the growing demand for non-bank debt financing, which can be secured without unnecessarily slow and cumbersome bank committees, extended due diligence cycles, or lengthy legal processes.  MRC offers borrowers quick turnaround times and has a team of experts that understand all types of collateral, not just traditional A/R and inventory, which results in higher advance rates and more overall liquidity as compared to many traditional bank products.  See www.mountainridgecap.com for more information.