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Alignment Credit provides Senior Secured Credit Facility for the acquisition of Keystone Fireworks

NEW YORK--(BUSINESS WIRE)--Alignment Credit, a leading provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to support the buyout of Keystone Fireworks (https://keystonefireworks.com/) by Argonne Capital Group (https://argonnecapital.com/).

Keystone Fireworks is a leading retailer of consumer fireworks in Pennsylvania. The Company designs, imports, and sells proprietary, branded products from its licensed stores. Argonne Capital Group is a middle-market investment firm that has invested over $2.0 billion with a focus on multi-state, multi-unit businesses in retail, restaurant, and business services.

“Alignment Credit was responsive, flexible, and a pleasure to work with. They understood the business model and provided a credit solution that supported the Company’s unique needs and future growth,” said Bill Weimar, President of Argonne Capital

“We are pleased to have the opportunity to complete this transaction with the team at Argonne Capital. They were great to work with and thoughtful in their underwriting approach. We are extremely impressed with Keystone’s platform and excited to partner with Argonne to support the Company’s future growth,” said Bijal Shah, Partner at Alignment Credit

“Keystone is a great example of the type of company Alignment Credit looks to partner with. Providing growing businesses with debt financing best tailored to their strategic objectives is the key competency of our firm,” said Vadim Margulis, Managing Partner at Alignment Credit.

About Alignment Credit

Based in New York City, Alignment Credit provides strategic credit financing for growth and lower middle-market companies across a wide range of industries. Alignment Credit’s capabilities include a broad range of bespoke capital solutions for a variety of corporate and strategic needs. We take a long-term, partnership approach to credit investing and are committed to building lasting value-added relationships with our borrowers, while giving our investors the opportunity to support innovative players which disrupt their respective market segments.

Further information is available at www.alignmentcredit.com.

Contacts

Vadim Margulis, Alignment Credit
vadim@alignmentcredit.com

Bijal Shah, Alignment Credit
bijal@alignmentcredit.com

Alignment Credit


Release Versions

Contacts

Vadim Margulis, Alignment Credit
vadim@alignmentcredit.com

Bijal Shah, Alignment Credit
bijal@alignmentcredit.com

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