ATLANTA (March 2017) – BlueArc Mezzanine Partners, an Atlanta-based private mezzanine investment firm, announces the closing of its second investment out of its mezzanine and equity fund.
In March, BlueArc Mezzanine Partners (“BMP” or the “Fund”) closed on a $7.0 million mezzanine commitment to SpineSmith Holdings, LLC d/b/a Celling Biosciences (“Celling Biosciences” or the “Company”). Headquartered in Austin, TX, the Company provides autologous, point-of-care biologics therapies and products focused on regenerative medicine. In addition, Celling Biosciences provides certain hardware devices for use in spinal surgeries.
BMP provided $7 million in total financing structured as senior subordinated debt. The capital was used to buyback certain minority shareholders, refinance existing debt, and provide for growth capital. Silicon Valley Bank is the senior lender to the Company.
For more information about this investment, please contact Scott Barfield at sbarfield@bluearccapital.com or Steve Brannon at sbrannon@bluearccapital.com or call our office at (404) 419-6130.
About BlueArc Mezzanine Partners
BlueArc Mezzanine Partners provides $3 to $10 million of mezzanine and equity capital per transaction to lower middle market companies predominately located in the Southeast, Midwest, and Mid-Atlantic. BMP’s funds are used for growth, acquisitions, recapitalizations, and refinancings in a broad array of industry sectors. The three partners within BMP have a significant track record working with lower middle market companies. For more information, visit www.bluearcmezzanine.com.
In March, BlueArc Mezzanine Partners (“BMP” or the “Fund”) closed on a $7.0 million mezzanine commitment to SpineSmith Holdings, LLC d/b/a Celling Biosciences (“Celling Biosciences” or the “Company”). Headquartered in Austin, TX, the Company provides autologous, point-of-care biologics therapies and products focused on regenerative medicine. In addition, Celling Biosciences provides certain hardware devices for use in spinal surgeries.
BMP provided $7 million in total financing structured as senior subordinated debt. The capital was used to buyback certain minority shareholders, refinance existing debt, and provide for growth capital. Silicon Valley Bank is the senior lender to the Company.
For more information about this investment, please contact Scott Barfield at sbarfield@bluearccapital.com or Steve Brannon at sbrannon@bluearccapital.com or call our office at (404) 419-6130.
About BlueArc Mezzanine Partners
BlueArc Mezzanine Partners provides $3 to $10 million of mezzanine and equity capital per transaction to lower middle market companies predominately located in the Southeast, Midwest, and Mid-Atlantic. BMP’s funds are used for growth, acquisitions, recapitalizations, and refinancings in a broad array of industry sectors. The three partners within BMP have a significant track record working with lower middle market companies. For more information, visit www.bluearcmezzanine.com.
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