Jul 17, 2024

Capstone Partners Advised ZRG Partners on $120 Million Senior Debt Financing

Capstone Partners Debt Advisory Group advised ZRG Partners—a leading talent advisory firm and portfolio company of private equity firm RFE Investment Partners—on the closing of a $120 million senior credit facility. The proceeds of the transaction were used to refinance existing senior debt plus provided for additional committed capital to fund future acquisitions.

Headquartered in Rochelle Park, New Jersey, ZRG Partners is a global search and talent advisory firm with over 30 offices across five continents. ZRG offers data-driven solutions to simplify talent management, including executive search, interim management services, specialty consulting for HR-related strategies, and recruitment process outsourcing. The company leverages its proprietary Zi platform to combine talent intelligence, candidate insights, and process improvement and deliver best-in-class talent advisory.  ZRG is sponsored by RFE Investment Partners, a leading private equity firm investing in lower middle market companies.  For more information, visit ZRG Partners here or for RFE Investment Partners visit here.

Capstone provided us with several attractive financing options which allowed us to optimize the terms of the financing, including robust committed capital to continue pursuing our proven acquisition strategy, and also select the lender we felt was the best relationship fit in Main Street Capital, so it was a win-win outcome for us.

Andrew NathansonPresident & CFO, ZRG

Brad Stewart, Managing Director in Capstone’s Debt Advisory Group, added, “We enjoyed working with both ZRG and RFE during the financing process and were very pleased with the execution we delivered to them.  RFE is a valued repeat private equity sponsor relationship and thrilled to have had the opportunity to work with them again to finance one of their portfolio companies.”

The expert investment banking professionals on Capstone Partners’ Debt Advisory Group work with leading middle market companies to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our Debt Advisory Group, contact us here.