The Nicola Wealth Private Debt team is pleased to announce its fund’s participation in a first lien term loan financing led by DigitalBridge Credit to Surf Internet, an existing portfolio company of Bain Capital. Proceeds from the financing will be used to fund the company’s fiber-to-the-home build and for general corporate purposes.
Surf Internet is a broadband provider utilizing fiber to deliver connectivity to residential and commercial customers across the Great Lakes Region. The company is building a bridge to the wide-open future by delivering high-speed, reliable internet to homes and businesses in underserved, rural communities.
The Nicola Private Debt Fund is an active private lender, managed by the Nicola Wealth Private Debt team, that provides first lien, unitranche and subordinated debt financing primarily to profitable North American middle market companies.
Learn more here: https://nicolawealth.com/private-capital/strategies/private-debt
