MidCap Financial Closes a Senior Secured Credit Facility to Good Boy Vodka
July 27, 2026
Source: MidCap Financial
BETHESDA, MD, July 28, 2026 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a senior secured credit facility to Good Boy Vodka, LLC (“Good Boy Vodka” or the “Company”). The credit facility consists of a revolver with an accordion feature with proceeds used to provide incremental liquidity to support the ongoing working capital needs and growth of the brand.
Netrex Capital Markets served as debt advisor to the Company.
About the Company
Good Boy Vodka is a high-growth, spirit-based ready-to-drink (“RTD”) cocktail platform founded in 2020 and headquartered in Niles Township, Michigan. The Company is best known for its signature John Daly cocktail line, a portfolio of vodka-based iced tea and lemonade cocktail flavors. Good Boy Vodka has become one of the fastest-growing RTD brands in the country, supported by strong consumer demand, differentiated branding, and expanding retail availability across 42 states. Products are available through leading national and regional retailers including Total Wine, Sam’s Club, Wegmans, Whole Foods, Kroger, and more. The Company also operates the Good Boy Foundation, a not-for-profit platform that contributes a share of the Company’s earnings to support charitable initiatives focused on animal-related and veteran causes.
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 March 31, 2026, MidCap Financial provides administrative or other services for approximately $62 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 $1.03 trillion as of March 31, 2026.
For more information about MidCap Financial, please visit www.midcapfinancial.com.
For more information about Apollo, please visit www.apollo.com.
*Including $7.1 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, Head of Specialty Finance
301-841-6439
