KPM Analytics secures $43.5 million via first lien credit facility

By Devika Patel

Knoxville, Tenn., July 20 – KPM Analytics arranged a $43.5 million multicurrency first lien cross-border credit facility, according to a press release from administrative agent Sound Point Capital Management, LP.

These funds were used to refinance KPM’s existing debt facility and will support the company’s global acquisition strategy.

CVC Credit also partnered with Sound Point to provide the company a €16.1 million term loan.

Westborough, Mass.-based KPM Analytics is a global designer and manufacturer of laboratory, online, and at-line instrumentation used in the highly accurate analysis and determination of specific properties in food and agriculture products.

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