Tree Line Capital Partners, LLC (“Tree Line”), and CVC Credit Partners (“CVC Credit”) provided an increase to their existing term loan to $127,300,000 to Ingenio to support an add-on acquisition.  Tree Line served as Administrative Agent and Lead Arranger on the transaction.

Headquartered in San Francisco, Ingenio is the leading online platform that connects advice-seekers with coaches and advisors. The platform has enabled over 40 million conversations from around the globe, making Ingenio the leader in phone, chat, and web–based personal advice.  Ingenio is owned by Alpine Investors and management.

“We have enjoyed building a lasting relationship with the Tree Line and CVC Credit teams across several transactions,” said Warren Heffelfinger, CEO at Ingenio. “They have reliably answered the call when it has come to additional capacity for add-on acquisitions coupled with a creative approach to tailoring debt structures to a transaction’s requirements.”

Frank Cupido, Partner of Tree Line added, “We have been extremely pleased with Ingenio’s strong performance and the long-term partnership we’ve built since 2015.  Our relationship with Ingenio is a great example of our ability to grow with a borrower from initial platform acquisition through various stages of growth and capital needs, including acquisitions, recapitalizations and other flexible financings.  Warren and the team have built a best in class organization and we look forward to working with them in the years ahead.”