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Overland Advantage Continues to Differentiate Itself in Providing Custom Financing Solutions to Middle Market Companies

1. Wells Fargo partnered with Overland to finance $2 billion in new transactions. 2. Total transaction value between Overland and Wells Fargo now stands at $4.8 billion. 3. Overland offers financing solutions for middle market companies in a challenging market. 4. Wells Fargo's reputation strengthens with diverse lending products for strategic objectives. 5. Overland facilitates access to Wells Fargo's banking and credit services.

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FAQ

Why Bullish?

The partnership signifies strong demand for Wells Fargo's financing solutions, boosting overall growth potential. Past similar collaborations have positively impacted share prices.

How important is it?

Wells Fargo's collaboration enhances its market position, making it likely to attract investor attention.

Why Short Term?

The immediate financial impact is visible through new transactions and client uptake. However, market conditions can later influence performance long-term.

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, /PRNewswire/ -- Year-to-date, Overland Advantage ("Overland"), a business development company (BDC) with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo & Company ("Wells Fargo"), financed nine new transactions, arranging capital with an aggregate value of $2.0 billion. Through solutions provided by Overland and Wells Fargo, companies secured unique, flexible and cost-effective financing solutions to help advance their strategic objectives alongside supportive banking products from Wells Fargo. These transactions bring the total aggregate value of Overland and Wells Fargo deals to $4.8 billion across 16 transactions since Overland began investing in Q2 2024, and since inception, Overland has independently structured and led ~95% of the credit facilities that it has invested in. "Despite a competitive environment and challenging market conditions, Overland – an innovative platform that draws on the complementary capabilities of both Centerbridge and Wells Fargo – has successfully delivered for borrowers since inception," said Gavin Baiera, CEO and Trustee of Overland Advantage and Senior Managing Director at Centerbridge. "Our progress reflects the thoughtful execution of our vision, the creative nature of our direct lending solutions, and the strength of our relationship with Wells Fargo." "In less than one year, Overland has built a strong reputation among middle market companies seeking capital," said David Marks, Executive Vice President at Wells Fargo Commercial Banking. "Our relationship managers and clients have embraced Overland as a powerful private credit tool to support their most important transactions." The transactions Overland and Wells Fargo have completed year-to-date in 2025 include: Led a term loan for Hand Family Companies, a wholesaler based in the Midwest and East South-Central regions Led a first lien credit facility for Jones Industrial Holdings, a provider of industrial maintenance and repair services based in the Southwest. Led a term loan for Southern Crown Partners, a beverage distributor in the Southeast Led a first lien credit facility for Sunset Distributing, a distribution platform serving the West Coast market Led a first lien credit facility for USG Water, a service provider focused on maintaining water infrastructure assets Led a first lien credit facility for an energy management provider based in the Northeast Led a first lien credit facility for an industrial maintenance provider based in the Midwest About Overland Advantage Overland provides innovative lending solutions to founder, family and sponsor-owned middle market companies in North America and allows businesses to pursue their most important strategic goals.  Overland benefits from a strategic relationship between Centerbridge Partners and Wells Fargo, a leading commercial bank in the U.S. Overland borrowers can benefit from more seamless access to Wells Fargo's differentiated treasury management, investment banking services and senior bank capital and Centerbridge's leading private and alternative credit investment capabilities. Overland offers a unique, relationship-driven solution to meet the capital needs of privately owned middle market businesses, many of which have limited connectivity to private credit solutions.   Overland is advised by Overland Advisors, LLC, which is managed by Overland Advisors Holdings, LLC, a controlled affiliate of Centerbridge Partners, L.P.  and an entity in which Wells Fargo has a significant, non-controlling minority equity investment.  For more information about Overland, visit www.overland-advantage.com.  About Wells Fargo  Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.0 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune's 2025 rankings of America's largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo ContactsKekst CNCJeremy Fielding / Anntal Silver / Daniel Hoadley[email protected] SOURCE Overland Advantage WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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