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SG Credit Partners Acquires Stonegate Capital Holdings
November 1, 2021
By SG Credit Partners
Newport Beach, CA (November 1, 2021) – SG Credit Partners today announced its acquisition of Stonegate Capital Holdings (“Stonegate”) and its entry into asset-based lending with a focus on high-growth consumer and recurring revenue verticals. Stonegate will operate independently as a new division of SG Credit and continue to build upon its position as a market leader in non-bank direct lending. The acquisition of Stonegate establishes SG Credit Partners as the leading lower middle market credit platform delivering a complete range of credit solutions.
Headquartered in Chicago, IL, Stonegate will continue its strong history of providing credit facilities ranging from $2 – $10+ million to companies, operating in the U.S. and Canada. Target markets include providers of goods and services to the consumer sector, including food & beverage, naturals, beauty, ecommerce, fashion, and recurring revenue businesses. "We are excited to welcome the Stonegate team and continue financing leading consumer brands,” said Marc Cole, CEO at SG Credit Partners.
Acquiring Stonegate provides both a market leading position in the consumer vertical, but also revolving capabilities throughout the SG Credit platform. The acquisition of Stonegate strengthens SG Credit’s product platform including the ability to structure senior and junior debt as well as provide both cash flow and asset-based loans. “With a broader product set, the next phase of growth for SG will be expanding into more verticals”, said Charlie Perer, Head of Originations.
SG Credit has evolved from a niche lender to a family-office backed credit platform with national reach, product breath and vertical industry expertise. “Our goal all along was to leverage SG Credit’s national distribution to layer on businesses with the goal of building the preferred non-bank lender in the lower middle market, focused primarily on entrepreneurs,” said Mack McNair, Chairman of SG Credit.
About SG Credit Partners
SG Credit Partners is a family-office backed lender providing situational capital to lower middle market businesses and entrepreneurs requiring tailored solutions and certainty to close. We’ve established a broad credit platform to solve capital needs that traditional banks, non-bank lenders, single-product lenders, and larger funds cannot due to regulatory, timing, funding, or size constraints.
Efficient in process, thoughtful in approach, and committed to building strong, lasting relationships, our success is measured over the long term by earning the trust of entrepreneurs and their advisors who come to us in their time of need. Headquartered in Southern California with offices throughout the country, since inception SG Credit Partners has provided in excess of $350 million to a variety of industries and businesses across the country.
For more information, visit www.sgcreditpartners.com.
Santa Monica Office:
Charlie Perer
Head of Originations
233 Wilshire Blvd., Suite 450
Santa Monica CA 90401
Ph: 310-562-2020
charlie@sgcreditpartners.com
Newport Beach Office:
Marc Cole
CEO
500 Newport Center Drive, Suite 580
Newport Beach, CA 92660
Ph: 949-734-7486
marc@sgcreditpartners.com