Marathon Asset Management has successfully closed a senior-secured credit facility aimed at refinancing Owl Cyber Defense, a firm recognized for its leadership in Cross Domain Solutions (CDS) and Data Diode technology.
Owl Cyber Defense, primarily serves the U.S. Department of Defense and Intelligence Community. The company’s technology, featuring proprietary, patent-protected hardware and software, is designed to create secure barriers between communication domains, ensuring robust protection against cyber intrusions and attacks.
Owl Cyber Defense distinguishes itself through its more than two decades of industry presence and commitment to edge security solutions. The company has been instrumental in enhancing the security protocols of its global clientele, establishing itself as a crucial player in cyber defense technology.
Curtis Lueker, the head of direct lending at Marathon, commented, “Owl Cyber Defense has a 20 plus year history, leadership in edge security solutions, and a focus on quality, innovation, and service that has increasingly positioned the company as a value-add partner to its global customer base.
“DC Capital Partners is an exceptional middle-market sponsor with specialization in Government and Engineering markets and a strong strategic vision for future growth.”
Additionally, Marathon’s CEO and Chairman, Bruce Richards, said, “Marathon’s Direct Lending program works collaboratively with middle market companies and sponsors across industries to provide creative and reliable financing solutions.
“Marathon’s Private Credit platform is designed as a one-stop shop, offering corporate, asset-based, and capital solutions, including senior and junior financings ranging from $25 million to $200 million.”
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