Case Summary: Global Holdings

Global Holdings

$68.5 million senior credit facility

Overview

Global Holdings, LLC is a leading provider of payment processing and account management services to the consumer debt settlement industry. The Company processes over 10,000 creditor payments a day and works with over 150 debt settlement companies including all of the significant companies in the settlement industry.

Situation

After founding and growing the business since 2003, management sought a long term financial partner. The founders and management team will remain significant shareholders and active in the daily operations.

Solution

Crystal agented a $68,500,000 senior credit facility providing the necessary capital to complete an equity recap by New State Capital Partners, LLC.