NXT Capital announced it closed a unitranche facility in support of Graham Partners’ acquisition of Rhythmlink. NXT Capital acted as the Joint Lead Arranger on this transaction.

“The NXT Capital team displayed great expertise and worked quickly and efficiently to deliver the best possible solution,” said Josh Wilson, Managing Principal, Graham Partners. “We look forward to partnering with them on future deals.”  

Headquartered in Columbia, SC, Rhythmlink is a designer and manufacturer of single-use brain health and neurodiagnostic solutions. Rhythmlink serves EEG, IONM, and EMG end markets through its broad disposables portfolio of imaging compatible electrodes, subdermal needles, EEG electrodes, and other neurodiagnostic products. The company primarily sells direct to hospitals and health systems, IONM service providers, and original equipment manufacturers.

Graham Partners is a private investment firm focused on investing in businesses with advanced manufacturing know-how, innovative product development capabilities, and strong growth potential.  Based in suburban Philadelphia, the firm has access to extensive operating resources and industrial expertise as a member of The Graham Group, an alliance of independently owned and operated industrial and investment management businesses that share in the common legacy of plastic packaging entrepreneur Donald C. Graham.

NXT Capital provides structured financing solutions through its Direct Lending group and is based in Chicago with offices in Atlanta, Dallas, and New York. NXT Capital is a wholly owned subsidiary of ORIX Corporation USA.