Ropes & Gray Represented Blue Torch Capital in connection with providing an $85 million term loan to Turtle Beach Corporation, a leading gaming accessories brand.
The loan is part of a restructured credit facility designed to provide expanded financial flexibility and accelerate Turtle Beach’s capital return program, which was announced on May 4.
Blue Torch Capital is a US middle market direct lender providing bespoke credit solutions to stakeholders and management teams of companies requiring capital support for growth, acquisitions, operational challenges, and financial distress.
The Ropes & Gray team included finance partner Milap Patel, associates Steve Ford and Imogen Galilee, and private equity associate Alexa Dawid.
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