Chicago Atlantic Provides $10 Million Credit Facility to Silverpeak Holdings, LLC
CHICAGO, Aug. 4, 2021 /PRNewswire/ -- Green Ivy Capital, LLC ("Green Ivy Capital"), an affiliate of Chicago Atlantic Advisers, LLC ("Chicago Atlantic"), announced today it funded a new$10 millionsenior secured term loan facility (the "Term Loan Facility") for Silverpeak Holdings, LLC ("Silverpeak"), a vertically integrated operator in Colorado.
- CHICAGO, Aug. 4, 2021 /PRNewswire/ -- Green Ivy Capital, LLC ("Green Ivy Capital"), an affiliate of Chicago Atlantic Advisers, LLC ("Chicago Atlantic"), announced today it funded a new$10 millionsenior secured term loan facility (the "Term Loan Facility") for Silverpeak Holdings, LLC ("Silverpeak"), a vertically integrated operator in Colorado.
- "We are excited to support Silverpeak, an experienced operator in Colorado and believe this capital will act as a catalyst for the next stage of growth" said Thomas Miles, Vice President at Chicago Atlantic.
- "Silverpeak has a strong management team, brand, and operations that have had a ton of success being profitable in a competitive market."
- Chapman Ducote, Founder of Silverpeak, said, "It was truly a pleasure to work with Chicago Atlantic on this transaction.