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