Comvest credit partners provides $175 million senior credit facility to raven engineered films

West palm beach, fla., june 02, 2022 (globe newswire) -- comvest credit partners (“comvest”), a leading provider of flexible financing solutions to middle-market companies, has acted as administrative agent in providing a $175 million senior secured credit facility (the “financing”) to raven engineered films (“raven”), a sioux falls, s.d.-based specialty plastics manufacturer. the financing was used to support the acquisition of raven in a corporate carve-out from cnh industrial (nyse: cnhi / mi: cnhi) by industrial opportunity partners (iop), a private equity firm.
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