Abacus Finance Provides $50 Million in Senior Debt Financing to Support the Recapitalization of SV Labs, a Portfolio Company of San Francisco Equity Partners

New York, NY, January 26, 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 $50 million in senior secured credit facilities to support the recapitalization of SV Labs, a portfolio company of San Francisco Equity Partners.

SV Labs is a contract development and manufacturing organization (CDMO) specializing in beauty and personal care products. San Francisco Equity Partners is a private equity firm that invests in lower middle market businesses across the consumer sector value chain.

“This was our first transaction with the Abacus team,” said David Mannix, SFEP Partner, “and they lived up to their reputation. They were able to provide assurance of moving quickly and showed real flexibility during negotiations.” “Their due diligence process was streamlined and efficient, and the Abacus team was eager to support us in this transaction.” added SFEP Principal Chris Sargent.

“As David noted, this was our first investment with San Francisco Equity Partners,” said Tim Clifford, President and CEO of Abacus. “Their team valued our ability to move quickly – an important aspect of our Total Partnership Approach™.”

“We are pleased to have closed this transaction with San Francisco Equity Partners,” added Abacus Managing Director Seth Friedman. “Their experience in the industry vertical coupled with their successes to date were what solidified our determination to support SFEP in this transaction.”

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

About SV Labs

SV Labs is a beauty and personal care product CDMO specializing in multiple categories including anhydrous, hot pour and liquid product development and manufacturing. The company has deep experience in natural formulations and is a leader in the clean beauty movement. For more information, please visit s-vlabs.com.

About San Francisco Equity Partners

San Francisco Equity Partners is a private equity firm that invests in lower middle market businesses across the consumer sector value chain. SFEP partners with differentiated businesses seeking not only financial capital but also a hands-on, operationally-focused investment partner that will be closely involved in the process of building value. To each of its partner companies, it serves as an extension of the management team and provides deep consumer domain expertise, strategic and operational guidance, a broad network of relationships, and a stable of industry resources. SFEP’s experience building consumer brands as well as companies that support those brands, such as manufacturers and service providers, gives it a uniquely comprehensive view of the consumer value chain. For more information, please visit sfequitypartners.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 $3 billion in financings. The firm targets private debt financing opportunities of up to $50 million and finances companies with EBITDA between $3 million and $20 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.