Encina Private Credit served as Revolver Agent and Term Loan lender for a Senior Secured Credit Facility to support Visual Edge IT (VEIT) long term growth. Visual Edge IT, which specializes in managed IT services and security, cloud computing, and print/copy solutions for businesses across the U.S., has received new capital commitments from Encina Private Credit and funds managed by Ares Management totaling $40 million which the Company intends to use to support its long-term growth objectives.  These commitments will allow for continued investment in best in class print and IT solutions for both new and existing customers.   

“We look forward to our continued success and support of our approach to the Total Office Technology markets,” shared Austin Vanchieri, Chairman and CEO, Visual Edge IT.

“We are extremely excited to partner with VEIT and support the company by delivering our unique suite of lending capabilities as they execute on their growth strategy going forward,” said Mike Hensinger, President and Chief Commercial Officer at Encina Private Credit.