Abacus Finance Acts as Lead Agent andProvides $32.5 Million in Credit Facilities forTrivest Partner's Investment in Group III International
NEW YORK, NY, September 12, 2011– Abacus Finance Group, LLC (Abacus), a recently formed New York-based specialty finance company, announced today that it served as Administrative Agent and Joint Lead Arranger for $32.5 million in senior secured credit facilities to support the recapitalization of Group III International, Ltd. (Group III) by management and Trivest Partners, L.P. (Trivest). In addition to arranging the financing, Abacus, which focuses exclusively on providing cash flow financing for private equity-sponsored, lower middle-market companies nationwide, made an equity co-