Coniston-backed CRC has secured a funding package from Triple Point Private Credit, a leading originator of private credit opportunities. The transaction provides CRC with a debt facility to support continued product development and entry into new verticals.
Josh Henshaw, who led the transaction for Coniston commented “We are delighted to have secured funding from Triple Point Private Credit and we look forward to supporting CRC with their next phase of growth.”
Paul Dolyniuk, Relationship Director for Triple Point Private Credit commented “We are very pleased to be providing a debt facility to CRC, on behalf of the lenders we represent. Building long-term relationships with the businesses we support is at the heart of what we do, and we are excited to partner with Coniston and the CRC team to help them achieve their growth ambitions.”
CRC and Coniston were advised by Browne Jacobson (Chereta Edmeade, Aman Rai, Zoe Deka, Matthew Dorman, Sonia Bains and Zahra Kahn).
Coniston originally backed the MBO of CRC in December 2022.
