Prudential Capital Group Provides Financing to NELSON for Recent Set of Growth Acquisitions


Minneapolis, MN – January 31, 2018Prudential Capital Group announced today it has provided financing to NELSON, a global architectural and design firm, based in Minneapolis, MN, for the acquisitions of FRCH Design Worldwide and Wakefield Beasley & Associates on January 9, 2018, as well as to refinance existing debt.

Prudential Capital Group worked together with WhiteHorse Capital, the direct lending affiliate of H.I.G. Capital, to provide the multi-tranche financing in the form of senior debt, subordinated debt and preferred equity. This transaction marks the 45th growth financing in the U.S. with a middle-market company for Prudential Capital Group within the last year. *

“We are really pleased to partner with NELSON on not only these acquisitions, but in support of their growth objectives plan in the coming years,” said Scott von Fischer, Managing Director, Prudential Capital Group.

*(01/o1/2017 – 01/30/2018; Growth financing: use of proceeds for capex, acquisition, expansion)

About Prudential Capital Group

Prudential Capital Group is the private capital investment arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE:PRU). Prudential Capital Group has been a leading provider of private placements, mezzanine debt and equity, to companies for more than 75 years. Managing a portfolio of nearly $82 billion as of September 30, 2017, Prudential Capital offers senior debt, mezzanine financing, minority equity, leveraged leases, project financing, credit tenant leases as well as asset financing to companies, worldwide. The global regional office network has locations in Atlanta, Chicago, Dallas, Frankfurt, London, Los Angeles, Milan, Minneapolis, Newark, New York, Paris, San Francisco and Sydney.* For more information, please visit

*Operates through PGIM (Australia) Pty Ltd.


NELSON is a global architecture, design, engineering, and consulting services organization with nearly 1,100 Teammates in more than 25 locations around the world and strong experience in a broad range of industries. NELSON is ranked in the top 10 of Interior Design Magazine’s “100 Design Giants” list. NELSON is also ranked in the top 3 firms specializing in workplace interior design1, and in the top 20 for office architecture and design2. For more information, visit

1. Interior Design Magazine #3 Office Sector, #9 Overall; 2. Building Design + Construction #6 Office Sector, #17 Overall

About FRCH Design Worldwide

FRCH is an international brand experience firm creating amazing environments where people shop, dine, work, relax, play and stay. A team of 200+ passionate experts in brand strategy, architecture, interior design and graphic design transform the ordinary into extraordinary places people love.

FRCH has offices in Cincinnati, New York and Los Angeles with 50 years of expertise and experience specializing in the retail, hospitality, retail mixed-use, restaurant, corporate office, entertainment and higher education sectors. FRCH has been recognized as a Top 10 Global Retail Architecture Firm by Building Design + Construction and Retail Design Firm of the Year by Design:Retail, among many other accolades. For more information visit

About Wakefield Beasley & Associates

Founded in 1980, WBA offers architectural design services to more than nineteen private and public sector markets. WB Interiors was founded in 1985 to serve as WBA’s interiors partner and has since grown the business to serve clients in more than a dozen separate markets in the southeast and nationally. By offering architectural and interior design services to a diverse and loyal client base, WBA and WBI have grown their combined professional portfolio and expanded regionally, with offices in Jacksonville, FL, Orlando, FL, Dallas, TX and Charleston, SC.