Crown Capital Partners Inc. announced the closing of a $33.0 million term loan (the "Agreement") to Baylin Technologies Inc. Baylin has used the proceeds of the term loan to acquire the radio frequency, terrestrial microwave and antenna equipment divisions of Advantech Wireless Inc. and its affiliates (collectively, "Advantech"). The Agreement provides for a $33.0 million term loan to Baylin, of which Crown Capital Fund IV, LP ("Crown IV LP"), an investment fund managed by Crown in which Crown holds a 36.5% interest, has advanced $30.0 million. Crown syndicated $3.0 million of the loan to two of Crown Fund IV's institutional limited partners, Portland Private Income LP and Nicola Wealth Management's Private Debt Fund. The term loan bears a fixed interest rate of 9.0% per annum and matures in 60 months. In addition, a total of 682,500 warrants of Baylin were issued to Crown IV LP and its syndicate partners.