Coastline Wealth Management secures $100m debt facility

What's the deal? Coastline Wealth ManagementDealroom has a profile for this one. Try Dealroom → has closed a senior secured credit facility of up to $100m from Brightwood Capital AdvisorsDealroom has a profile for this one. Try Dealroom →, which acted as sole lender and administrative agent.

Why now? The financing is intended to support Coastline's acquisition pipeline and investment in its advisor platform. The company also said it completed 12 acquisitions alongside the financing, taking assets under management and administration above $6bn.

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