Lower Middle-Market
Direct Lending

Hiker On Horizon

We Are A Direct Lender

Tree Line Capital Partners

is a private credit asset management firm focused on direct lending to the lower middle-market. The firm provides first lien term loans, unitranche term loans and equity co-investments to predominantly lower middle-market companies in North America. We have provided over $2.8B in commitments to 201 companies for acquisitions, recapitalizations, refinancings, expansion projects and other growth capital needs. Tree Line’s team has extensive direct lending experience spanning multiple economic cycles and has generated significant repeat investment opportunities from the private equity community through reliable execution coupled with a direct relationship approach.

Tree Line’s investment philosophy and portfolio construction are designed to combine current yield with discipline and withstand unforeseen events. We aim to deliver investors consistent yield and return through all phases of a cycle. We have capitalized on a niche investment strategy that is addressing a proliferation of lower middle-market private equity growth.

Learn what we do
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Assets Under Management


Commitments Issued


Companies Financed

Recent Deals

All Deals

December 2021

Administrative Agent & Joint Lead Arranger

First Lien Term Loan, Revolver & DDTL

Alpinex 2 1152X650 C Default

November 2021


Unitranche Term Loan

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Final Logo 2018 Uk Blue E1639434903454

November 2021

Agent & Lead Arranger

Revolver & Unitranche Last-Out

Absence Soft Logo
Norwest Venture Partners

October 2021

Agent & Lender

First Lien Term Loan, Revolver & Equity

Sib Development Consulting Inc. Logo
O2 Logo Mpc

August 2021

Agent & Sole Lender

Revolver & First Lien Term Loan

Govexec Logo Image E1629848017436

July 2021

Agent & Lead Arranger

Revolver & Unitranche Term Loan


July 2021

Agent & Lead Arranger

Revolver, First Lien Term Loan, & Equity Co-investment

Waterfront Brands Logo
Mpe Partners Logo

June 2021

Agent & Sole Lender

First Lien Term Loan

Atlantic Energy
Gainline Capital Partners Logo

Spotlights & Insights

A summary of Tree Line’s lower middle market activity, research and highlights. Having been credit investors through multiple cycles we have a unique appreciation for market trends and strategies that at times contrasts with the norm. Our data driven process and commitment to research reveals valuable information for our partners.