Capital Southwest Supports BRS Co.s Recapitalization of Shearwater Research
DALLAS, May 20, 2021 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (Capital Southwest) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that it backed BRS Co.s (BRS) majority recapitalization of Shearwater Research (Shearwater or the Company) with a revolving credit facility, first lien term loan, delayed draw term loan and a minority equity co-investment. Capital Southwest led the financing and will act as the sole administrative agent on the credit facilities.
Capital Southwest Supports BRS Co.s Recapitalization of Shearwater Research
DALLAS, May 20, 2021 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (Capital Southwest) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that it backed BRS Co.s (BRS) majority recapitalization of Shearwater Research (Shearwater or the Company) with a revolving credit facility, first lien term loan, delayed draw term loan and a minority equity co-investment. Capital Southwest led the financing and will act as the sole administrative agent on the credit facilities.