Overland Advantage and Wells Fargo Lead Senior Secured Credit Facilities to MaxiTransfers
Wells Fargo (WFC) and Overland Advantage have announced a significant financing arrangement for MaxiTransfers, a money service business focused on US-LATAM corridors. The deal includes a $74.0 million second lien credit facility arranged by Overland Advantage and a $90.0 million revolving credit facility led by Wells Fargo.
The recapitalization transaction supports MaxiTransfers, a Housatonic Partners portfolio company serving the Latin American community in the U.S. since the early 2000s. The financing structure combines Wells Fargo's banking expertise with Overland's private credit solutions, demonstrating a strategic partnership between Centerbridge Partners and Wells Fargo.
Wells Fargo (WFC) e Overland Advantage hanno annunciato un'importante intesa di finanziamento per MaxiTransfers, un'azienda di servizi monetari focalizzata sui corridoi USA-LATAM. L'accordo include un prestito di secondo grado da 74,0 milioni di dollari organizzato da Overland Advantage e un prestito revolving da 90,0 milioni di dollari guidato da Wells Fargo.
La transazione di ricapitalizzazione supporta MaxiTransfers, una società del portafoglio di Housatonic Partners che serve la comunità latinoamericana negli Stati Uniti sin dai primi anni 2000. La struttura di finanziamento combina l'expertise bancaria di Wells Fargo con le soluzioni di credito privato di Overland, dimostrando una partnership strategica tra Centerbridge Partners e Wells Fargo.
Wells Fargo (WFC) y Overland Advantage han anunciado un importante acuerdo de financiamiento para MaxiTransfers, una empresa de servicios monetarios enfocada en los corredores EE. UU.-LATAM. El acuerdo incluye una facilidad de crédito de segundo grado de 74,0 millones de dólares organizada por Overland Advantage y una facilidad de crédito revolving de 90,0 millones de dólares liderada por Wells Fargo.
La transacción de recapitalización apoya a MaxiTransfers, una empresa del portafolio de Housatonic Partners que ha atendido a la comunidad latinoamericana en EE. UU. desde principios de los 2000. La estructura de financiamiento combina la experiencia bancaria de Wells Fargo con las soluciones de crédito privado de Overland, demostrando una asociación estratégica entre Centerbridge Partners y Wells Fargo.
웰스 파고 (WFC)와 오버랜드 어드밴티지가 미국-라틴 아메리카 통로에 집중하는 자금 서비스 기업인 매시트랜스퍼스(MaxTransfers)를 위한 중요한 금융 협정을 발표했습니다. 이 거래에는 오버랜드 어드밴티지가 주선한 7,400만 달러 규모의 2순위 신용 시설과 웰스 파고가 주도하는 9,000만 달러 규모의 회전 신용 시설이 포함됩니다.
재자본화 거래는 2000년대 초반부터 미국 내 라틴 아메리카 커뮤니티에 서비스를 제공해 온 하우사톤 파트너스의 포트폴리오 회사인 매시트랜스퍼스를 지원합니다. 이 금융 구조는 웰스 파고의 은행 전문성과 오버랜드의 사모 신용 솔루션을 결합하여 센터브릿지 파트너스와 웰스 파고 간의 전략적 파트너십을 보여줍니다.
Wells Fargo (WFC) et Overland Advantage ont annoncé un accord de financement significatif pour MaxiTransfers, une entreprise de services monétaires axée sur les corridors États-Unis-LATAM. L'accord comprend une facilité de crédit de deuxième rang de 74,0 millions de dollars organisée par Overland Advantage et une facilité de crédit revolving de 90,0 millions de dollars dirigée par Wells Fargo.
La transaction de recapitalisation soutient MaxiTransfers, une entreprise du portefeuille de Housatonic Partners qui sert la communauté latino-américaine aux États-Unis depuis le début des années 2000. La structure de financement combine l'expertise bancaire de Wells Fargo avec les solutions de crédit privé d'Overland, démontrant un partenariat stratégique entre Centerbridge Partners et Wells Fargo.
Wells Fargo (WFC) und Overland Advantage haben eine bedeutende Finanzierungsvereinbarung für MaxiTransfers bekannt gegeben, ein Gelddienstleistungsunternehmen, das sich auf die USA-LATAM-Korridore konzentriert. Das Geschäft umfasst eine 74,0 Millionen Dollar umfassende zweite Hypothek, die von Overland Advantage arrangiert wurde, und eine 90,0 Millionen Dollar umfassende revolvierende Kreditfazilität, die von Wells Fargo geleitet wird.
Die Rekapitalisierungstransaktion unterstützt MaxiTransfers, ein Unternehmen im Portfolio von Housatonic Partners, das seit den frühen 2000er Jahren die lateinamerikanische Gemeinschaft in den USA bedient. Die Finanzierungsstruktur vereint die Bankexpertise von Wells Fargo mit den privaten Kreditlösungen von Overland und demonstriert eine strategische Partnerschaft zwischen Centerbridge Partners und Wells Fargo.
- WFC secures significant lending opportunity with $90 million revolving credit facility
- Strategic partnership between Wells Fargo and Centerbridge Partners demonstrates strong market position
- Deal expands WFC's presence in the growing US-LATAM financial services corridor
- None.
MaxiTransfers is a money service business specializing in the US-LATAM corridor, serving the Latin American community in the
"We are pleased to continue our relationship with Wells Fargo as Lead Arranger in our Revolving Credit Facility, and we welcome Overland Advantage as a provider of new capital. Overland's flexibility and creativity allowed the Company and its shareholders to maximize their capital structure, while also facilitating our future growth initiatives", said Gabriel Manjarrez, Chief Executive Officer of MaxiTransfers.
"This transaction is consistent with Overland's strategy of supporting companies with demonstratable growth in an attractive industry. Our strategic relationship with Wells Fargo allowed us to deliver a unique and flexible solution to fuel MaxiTransfers' next phase. We look forward to partnering on more opportunities," said Bill Neuenfeldt, Chair of Overland Advantage and Senior Managing Director and COO at Centerbridge.
"We are thrilled to expand our relationship with MaxiTransfers and provide them with not only the bank credit facility, but access to this innovative private credit solution through Overland," said Lance Reynolds, Division Executive with Wells Fargo Commercial Banking.
About MaxiTransfers
MaxiTransfers LLC, a leading Money Services Business licensed in 49 states,
About Overland Advantage
Overland provides innovative lending solutions to founder, family and sponsor-owned middle market companies in
Overland benefits from a strategic relationship between Centerbridge Partners and Wells Fargo, a leading commercial bank in the
Overland is advised by Overland Advisors, LLC, which is managed by Overland Advisors Holdings, LLC, a controlled affiliate of Centerbridge Partners, L.P. and an entity in which Wells Fargo has a significant, non-controlling minority equity investment.
For more information about Overland, please visit www.overland-advantage.com.
About Centerbridge
Centerbridge Partners, L.P. is a private investment management firm employing a flexible approach across investment disciplines — Private Equity, Private Credit and Real Estate — in an effort to develop the most attractive opportunities for its investors. The firm was founded in 2005 and as of December 31, 2024, has approximately
For more information, please visit www.centerbridge.com | LinkedIn.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately
About Housatonic Partners
Housatonic Partners, founded in 1994, is a private equity investment firm with more than
For more information, please visit www.housatonicpartners.com.
Contacts
Kekst CNC
Jeremy Fielding / Anntal Silver / Daniel Hoadley
overland@kekstcnc.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/overland-advantage-and-wells-fargo-lead-senior-secured-credit-facilities-to-maxitransfers-302401016.html
SOURCE Overland Advantage
FAQ
What is the total value of credit facilities provided to MaxiTransfers in March 2025?
How is Wells Fargo (WFC) involved in the MaxiTransfers financing deal?
What is the purpose of the MaxiTransfers recapitalization transaction?
What role does Overland Advantage play in the MaxiTransfers financing?
