MidCap Financial Closes Senior Secured Credit Facility to Northridge Infrastructure Solutions
April 29, 2026
Source: MidCap Financial
BETHESDA, MD, April 29, 2026 – MidCap Financial, a leading commercial finance company focused on middle-market transactions, today announced it has provided a senior secured credit facility to Northridge Infrastructure Solutions Inc. (“Northridge” or “Company”). Proceeds from the credit facility were used to support Imperial Capital’s acquisition of an anchor investment in the Northridge platform, and to provide liquidity to support ongoing working capital needs and growth.
About the Company
Northridge is a specialized utility services platform built to deliver critical transmission and distribution services across North America. Company has over 40 years of utility infrastructure services experience and is focused on essential, non-discretionary services. Northridge delivers specialized services, from aerial transmission patrol and vegetation management to ground-level right-of-way clearing and engineering inspection services.
About the Sponsor
Imperial Capital is a leading mid-market private equity firm focused on North American opportunities to build and acquire growth-oriented platform investments in targeted industry niches within healthcare, business, and consumer services. Based in Toronto, Imperial Capital combines deep industry expertise, active portfolio management and strong partnerships with experienced industry executives to offer a differentiated investment approach. With assets under management of over US$3.5 billion, Imperial is currently investing from its US$800 million Fund VIII.
About MidCap Financial
MidCap Financial is a middle-market focused, specialty finance firm that provides senior debt solutions to companies across all industries. As of December 31, 2025, MidCap Financial provides administrative or other services for approximately $61 billion of commitments*. MidCap Financial is managed by Apollo Capital Management, L.P., a subsidiary of Apollo Global Management, Inc, pursuant to an investment management agreement. Apollo had assets under management of approximately $938 billion as of December 31, 2025.
For more information about MidCap Financial, please visit www.midcapfinancial.com.
For more information about Apollo, please visit www.apollo.com.
*Including $6.7 billion of commitments managed by MidCap Financial Services Capital Management LLC, a registered investment adviser, as reported under Item 5.F on Part 1 of its Form ADV"
Contact:MidCap Financial Services, LLC
Garrett Fletcher, President of Structured Finance
301-841-6439
