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Capital Dynamics Private Credit Announces Investment in Aqua-Leisure Recreation, LLC. & Airhead Sports Group

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New York, December 2021 - Capital Dynamics Private Credit is pleased to announce that it recently acted as Joint Lead Arranger for a Second Lien Credit Facility to support Aqua-Leisure Recreation, LLC’s (“Aqua-Leisure”) acquisition of Airhead Sports Group (“Airhead”).  Aqua-Leisure is an existing portfolio company of Blackford Capital. Founded in 1970 and headquartered in Avon, MA (with offices in Hong Kong and Shanghai), Aqua-Leisure is a leading aquatic recreational products provider focused primarily on floats, lounges and swim-related products. Founded in 1991 and headquartered in Denver, CO, Airhead is the leading provider of behind boat towable products including tubes, ropes and boating accessories along with a complementary winter sports offering.

Capital Dynamics has been investing in middle and lower middle market private assets for over 30 years. The Private Credit group within Capital Dynamics provides tailored, one-stop financing solutions to private equity-backed lower middle market companies, focusing on financings that support leveraged buyouts, acquisitions, business expansions, re-financings, and short-to-medium term liquidity needs. Capital Dynamics Private Credit offers directly originated, senior secured loans, including first lien, unitranche, and second lien, as well as other flexible capital solutions.

Comprised of over ten professionals based in New York, London, and Zug, Capital Dynamics Private Credit draws upon its vast experience investing across the capital structure and in a wide array of industries to deliver flexible, value-added solutions customized to fit the unique needs of each borrower.

 For more information on Capital Dynamics Private Credit ("CDPC") and its capabilities, please contact:

Jens Ernberg
Managing Director, Co-Head CDPC
+1 212 798 3418
JErnberg@capdyn.com

Thomas Hall, CFA
Managing Director, Co-Head CDPC
+1 212 798 3419
THall@capdyn.com

Matthew Bandini
Managing Director
+1 212 798 3412
MBandini@capdyn.com

 

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