Comvest Credit Partners Serves as Joint Lead Arranger on $415 Million Senior Credit Facility For WildBrain

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Joint Lead Arranger and is the co-Administrative Agent alongside Sagard on a $415 million senior secured credit facility (the “Financing”) for WildBrain Ltd. (“WildBrain” or the “Company”) (TSX: WILD), a global media leader in kids' and family entertainment. The Financing, from a group of private lenders, will be used to refinance existing debt and repay debentures.

WildBrain develops, produces, and distributes films and television programs in Canada, the United States, the United Kingdom, and internationally. A worldwide leader in content creation, distribution and global licensing for kids’ entertainment brands, WildBrain is home to such franchises as Peanuts, Teletubbies, Strawberry Shortcake, and Caillou. The Company’s entertainment content is available on over 500 platforms in more than 150 countries.

“WildBrain is a niche market leader in children’s entertainment programming with a diversified asset portfolio and blue-chip customer base,” said Joe Higginbotham, a Managing Director at Comvest. “The Comvest team is pleased to close a major refinancing transaction that supports WildBrain’s growth strategy in a media sector with positive tailwinds.”

About WildBrain

WildBrain Ltd. is a global media, animation studio, production and brand licensing company for kids’ and family entertainment properties. WildBrain is home to such franchises as Peanuts, Teletubbies, Strawberry Shortcake, and Caillou, and its content is available in more than 150 countries on over 500 platforms. Its in-house licensing agency represents major brands for consumer products in every major territory worldwide. WildBrain is headquartered in Canada with offices worldwide and trades on the Toronto Stock Exchange (TSX: WILD).

About Sagard

Sagard is a global multi-strategy alternative asset management firm with more than US $25B under management, 150+ portfolio companies, and 300 professionals. Sagard invests in venture capital, private equity, private credit, real estate, and royalties. With offices in Canada, the United States, Europe and the Middle East, Sagard provides flexible capital, an entrepreneurial culture, and a global network of investors, commercial partners, advisors, and value-creation experts. For more information, visit www.sagard.com.

About Comvest Credit Partners

Comvest Credit Partners, the direct lending platform of Comvest Partners, focuses on providing flexible financing solutions to middle-market companies. Comvest Credit Partners provides senior secured, unitranche, and second lien capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations, with credit facilities up to $300 million-plus. For more information, please visit comvest.com/direct-lending.

About Comvest Partners

Comvest Partners is a private investment firm that has provided equity and debt capital to well-positioned middle-market companies throughout North America since 2000. Through its private equity, direct lending and special opportunities investment platforms, Comvest offers tailored investment solutions across the capital structure along with deep industry expertise, operating resources, a collaborative approach, and significant transaction experience as an active investor. Today, Comvest manages $12.5 billion in assets, and has invested over $13.5 billion since inception. Based in West Palm Beach, Comvest also maintains offices in Chicago and New York City. For more information, please visit comvest.com.