PE Hub, an outlet reporting on private equity deals in North America recently covered NXT Capital’s involvement in the refinancing of Engelman’s Bakery.
“Also in May, NXT Capital provided a senior credit facility to support Shoreline Equity Partners’ refinancing of Engleman’s Bakery. Shoreline originally acquired Engelman’s in 2020. Founded in 2019, Shoreline is based in Neptune Beach, Florida.
Engelman’s Bakery, founded in 1983, is a provider of fresh and frozen bread products primarily to restaurants in the Southeast. It is headquartered in Norcross, Georgia. NXT Capital is a direct lender. It is based in Chicago with offices in Atlanta, Dallas and New York.”
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