Innovia Medical and Shore Capital Partners

Madison Capital Funding closed a $31,000,000 senior debt facility to finance the Recapitalization and Add-on Acquisition for Innovia Medical, a portfolio company of Shore Capital Partners. Madison Capital Funding was the Administrative Agent. Further terms were not disclosed.

Innovia Medical develops and manufactures a portfolio of medical device products across the ophthalmic, ear, nose, and throat, and robotic surgery end markets.

Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products. Since inception, Madison Capital Funding has invested $31.1 billion in 1,120 middle market transactions with 290 private equity sponsors.

The loan discussed does not represent an account’s entire portfolio and in the aggregate, may represent only a small percentage of an account’s portfolio holdings. A complete list of all holdings is available upon request; please contact media@mcfllc.com. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein.  MCF #1789739