Project Description


Transaction
– Lief Organics, LLC (“Lief Organics” or the “Company”) is a premier, full-service manufacturer of products for the dietary supplement industry
– Envisage acted as placement agent for a revolving credit facility placed with Bank of America

Issues
– Lief Organics is growing rapidly and it required additional borrowing capacity
– The existing lender required a full personal guarantee from the founder

Solution
– Through a targeted process, Envisage identified potential bank lenders who would provide the Company a complete financial solution with no personal guarantees
– Took a significant role in managing and resolving due diligence issues
– Successfully structured and negotiated the transaction