WhiteHorse Capital provided a new senior secured credit facility to Max Solutions, Inc. (“Max Solutions”) to support the acquisition of Ellis Packaging, a Canadian specialty packaging manufacturer. Max Solutions, backed by Jefferson Capital Partners and Swander Pace Capital, is a specialty packaging platform focused primarily on the healthcare and consumer branded products end markets. Max Solutions is led by industry veterans Marc Shore and Dennis Kaltman.
“We are excited to partner with the WhiteHorse Capital team. We appreciated their ability to move quickly and structure a transaction that met our needs", said Tim O’Donnell, Managing Partner at Jefferson Capital.
Sam Goldworm, Managing Director at WhiteHorse Capital, added, "We look forward to working with Jefferson, Swander Pace, and the Max Solutions management team to support the continued growth of the platform.”
About Max Solutions
Since its founding in November 2021, Max Solutions has sought to impact its customers, its teammates, its communities, and the environment in a positive way through specialty packaging solutions supporting the health care and consumer segments. The company delivers this unmatched impact through investments in next-generation technology, innovation, supply chain optimization and employee empowerment.
About WhiteHorse Capital
WhiteHorse Capital provides debt financing to middle market companies across a wide range of industries, including Telecom, Media and Technology, Healthcare, Business Services and Financial Services. WhiteHorse has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. WhiteHorse professionals, across the U.S. and Europe, have extensive experience and a proven track record of providing creative financing structures and employing a long term relationship oriented portfolio management philosophy. Visit us today at www.whitehorse.com to learn more.