Crescent European Specialty Lending Announces Refinancing for Leading Contract Research Organization Avania

LONDON & LOS ANGELES–(BUSINESS WIRE)–Crescent Capital Group LP, a leading alternative asset management firm, announced today that its European Specialty Lending strategy has provided refinancing to the existing banking facilities of Avania, a leading global full-service contract research organization (“CRO”) focused on medical technology development. Avania is a portfolio company of Kester Capital. Terms of the financing were not disclosed. Headquartered in Bilthoven, the Netherlands and serv