Comvest Credit Partners Announces Close of its Third Middle-Market CLO at $403 Million

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, today announced the close of Comvest Credit 2025-1 CLO, a $403 million collateralized loan obligation (CLO). Comvest Credit 2025-1 CLO marks the direct lender’s third CLO closing in the last 10 months, reflecting its commitment to becoming a programmatic CLO issuer.

“We are grateful for the continued support of our investor base in the growth of our alternative credit product line within Comvest’s middle-market direct lending strategy,” said Jason Gelberd, Partner, Chief Operating Officer and Co-Head of Direct Lending for Comvest Credit Partners. “We believe CLOs are a strategic, efficient and cost-effective financing tool in achieving our fund finance objectives while also serving to diversify our fund financing sources.”

Comvest Credit 2025-1 CLO is rated by Standard & Poor’s and collateralized by a diversified portfolio of senior secured loans, originated and managed by Comvest Credit Partners, with a two-year reinvestment period and a one-year non-call period.

Barclays served as the Lead Arranger and Co-Placement Agent. Keybanc Capital Markets acted as the Co-Structuring Agent.

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 (“Comvest”) 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 opportunistic credit 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. In 2025, Comvest Partners proudly celebrates 25 years of investment management leadership, and today manages $15.7 billion in assets, with over $16.8 billion invested since inception. Comvest Partners is based in West Palm Beach, with offices in Chicago and New York City. For more information, please visit comvest.com.