Brightwood Capital Advisors, LLC (“Brightwood”), a private credit firm, announced today that it has provided financing to support the purchase of Proficium LLC (“Proficium” or the “Company”) by Mill Point Capital (“MPC”). Financial terms of the transaction were not disclosed.
Proficium specializes in the design, manufacturing and delivery of innovative products and value-added services for commercial AI infrastructures, hyperscale data centers and enterprise companies. The Company acts as a trusted partner for many leading technology clients.
“Next generation technologies have become integral to the growth of our economy across industries, and Proficium allows businesses at the forefront of these innovations to efficiently deliver custom solutions amid the rapidly shifting landscape,” said Sengal Selassie, Chief Executive Officer and Managing Partner of Brightwood Capital. “Investing in progressive technology is crucial to remaining competitive in today’s environment, and we are pleased to support MPC in their partnership with the Company.”
“Our partnership with Brightwood and the firm’s deep knowledge of the technology industry have allowed us to confidently enter this next phase with Proficium,” added Richard Summers, Partner at Mill Point Capital. “We look forward to continuing to build our relationship with Brightwood, as Proficium continues to grow and expand.”
About Brightwood Capital Advisors
Brightwood Capital Advisors, LLC is a private credit firm with a long-standing track record of investing in middle-market businesses. Brightwood specializes in providing senior debt capital primarily to U.S. businesses with $5-$75 million of EBITDA within five core industries: technology & telecommunications, healthcare, business services, transportation & logistics and franchising. Brightwood partners with non-sponsored businesses as well as private equity sponsors to provide customized financing solutions for directly originated investments.
Founded in 2010, Brightwood is a minority-owned firm with a team of over 50 employees who manage more than $5 billion of assets on behalf of its primarily institutional investor base. Brightwood is headquartered in New York City. For more information, please visit: https://brightwoodlp.com/.
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