Senior Secured Credit Facilities

Sector: Digital Infrastructure & Services

AB Private Credit Investors (AB-PCI) served as Sole Lead Arranger of senior secured debt facilities to support the recapitalization of AVANT Communications (AVANT) by Pamlico Capital. AB-PCI worked with Pamlico Capital to craft a scalable solution, leveraging significant shared expertise pertinent to digital infrastructure services and related channel partners.

AVANT is a platform for IT decision-making and the nation’s premier distributor for next-generation technologies. AVANT provides unique value to its extensive network of trusted advisors with original research, channel sales assistance, training and tools to guide decision-making around IT services that promote business growth. From complex cloud designs to global wide-area network deployments to the latest in security services, AVANT sets the industry standard in enabling its partners and clients to make intelligent, data-driven decisions about services, technology and cost-effective communications.

Pamlico Capital is a private equity firm founded in 1988 that invests in growing middle market companies in North America. Pamlico Capital seeks control-oriented growth equity investments of up to $200 million alongside founders and proven leaders in its target industries: business and technology services, communications and healthcare. The firm, based in Charlotte, NC, has assets under management of approximately $4 billion.

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This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.