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Comvest Partners Announces Key Leadership Promotions Within Comvest Credit Partners

Longtime partners Robert O’Sullivan, Jason Gelberd and Greg Reynolds to serve as Chief Executive Officer, Chief Operating Officer and Chief Investment Officer, respectively, of Direct Lending Investment Platform

Comvest Partners (“Comvest”), a middle-market private investment firm, today announced the promotions of three key leaders of Comvest Credit Partners, its direct lending investment platform. Robert O’Sullivan has been appointed as Chief Executive Officer; Jason Gelberd as Chief Operating Officer; and Greg Reynolds as Chief Investment Officer, effective immediately. With these appointments, Michael Falk, Comvest’s Founder and Chief Executive Officer, assumes the role of Executive Chairman.

“We are fortunate to have an outstanding direct lending executive leadership team, and I am proud to announce the formalization of the strategic roles Robert, Jason and Greg have been fulfilling for quite some time,” Mr. Falk said. “They are all insightful and results-driven leaders whose extensive investment management experience, vision and contributions have been instrumental to Comvest Credit Partners’ growth and success.”

Mr. O’Sullivan, who was most recently Managing Partner, will continue to oversee management of Comvest Credit Partners. He joined Comvest in 2002 and, together with Mr. Falk, co-founded Comvest Credit Partners four years later. Mr. O’Sullivan’s responsibilities have encompassed every facet of Comvest’s credit investment business, including capital formation, investor relations oversight, investment product development and management, complex credit oversight, and the expansion of Comvest’s investment product offerings to Limited Partners globally. Mr. O’Sullivan also serves as Chairman and Chief Executive Officer of Commonwealth Credit Partners BDC I, Inc., and AMG Comvest Senior Lending Fund, business development companies that invest in directly originated middle-market loans.

“I am excited about the opportunity to continue to partner with Michael and my exceptional colleagues in Comvest Credit Partners’ next phase of growth,” Mr. O’Sullivan said. “With its long-term performance record, strong support from our Limited Partners, and outstanding and committed investment team, Comvest Credit Partners remains uniquely positioned as a premier source of flexible debt financing solutions for midsize North American companies.”

In addition to their new roles, Mr. Gelberd and Mr. Reynolds will continue to serve as co-heads of direct lending. Mr. Gelberd joined Comvest in 2013. As Chief Operating Officer, he will continue to oversee portfolio management and operations for both Comvest’s direct lending and special opportunities strategies.

Mr. Reynolds joined Comvest in 2010. As Chief Investment Officer, he will continue to oversee the structuring and underwriting functions of both Comvest’s direct lending and special opportunities strategies.

As Executive Chairman, Mr. Falk will remain actively involved in Comvest’s leadership. He will continue to serve on all investment and operating committees and manage key relationships in addition to focusing on strategic and new growth opportunities for the firm.

About Comvest Partners

Comvest Partners is a private investment firm that has provided equity and debt capital to well-positioned middle-market companies throughout North America since 2000. Through its private equity, direct lending and special opportunities investment platforms, Comvest offers tailored investment solutions across the capital structure along with deep industry expertise, operating resources, a collaborative approach, and significant transaction experience as an active investor. Today, Comvest manages $12.5 billion in assets, and has invested over $13.5 billion since inception. Based in West Palm Beach, Comvest also maintains offices in Chicago and New York City. For more information, please visit comvest.com.

About Comvest Credit Partners

Comvest Credit Partners, the direct lending platform of Comvest Partners, focuses on providing flexible financing solutions to middle-market companies. Comvest Credit Partners provides senior secured, unitranche, and second lien capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations, with credit facilities up to $300 million-plus. For more information, please visit comvest.com/direct-lending.

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