Case Summary: Global Holdings
$68.5 million senior credit facility
Global Holdings, LLC is a leading provider of payment processing and account management services to the consumer debt settlement industry. The Company processes over 10,000 creditor payments a day and works with over 150 debt settlement companies including all of the significant companies in the settlement industry.
After founding and growing the business since 2003, management sought a long term financial partner. The founders and management team will remain significant shareholders and active in the daily operations.
Crystal agented a $68,500,000 senior credit facility providing the necessary capital to complete an equity recap by New State Capital Partners, LLC.