Overland Advantage Finances ~$4B Across 18 Transactions in 2025, Demonstrating Continued Strength in Middle Market Lending

Rhea-AI Summary

Overland Advantage (WFC) financed 18 transactions totaling ~$4.0B in 2025, leveraging Wells Fargo's middle market footprint and Centerbridge underwriting. Since its May 2024 launch, Overland has underwritten ~$7.0B of custom financing, ~70% to founder and family-owned firms, and led ~96% of facilities it invested in.

The announcement highlights tailored direct-lending solutions across industries and continued partnership-driven origination with Wells Fargo to serve middle-market companies.

Positive

• Financed 18 transactions in 2025 totaling ~$4.0B
• Underwrote ~$7.0B of custom financing since May 2024
• Led ~96% of credit facilities it invested in
• 70% of underwriting focused on founder and family-owned companies

Negative

• High concentration: 70% exposure to founder and family-owned firms
• Material reliance on Wells Fargo for middle-market sourcing and distribution

News Market Reaction

+2.96%

1 alert

+2.96% News Effect

On the day this news was published, WFC gained 2.96%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

2025 transactions financed: 18 transactions 2025 financing volume: ~$4.0 billion Facilities led by Overland: ~96% +3 more

6 metrics

2025 transactions financed 18 transactions Overland Advantage financings in 2025

2025 financing volume ~$4.0 billion Aggregate value of 18 transactions in 2025

Facilities led by Overland ~96% Share of invested credit facilities arranged/structured/led since inception

Custom financing since launch ~$7.0 billion Financing underwritten to U.S. middle‑market companies since May 2024 launch

Founder/family‑owned share 70% Portion of financed middle‑market companies that are founder and family owned

Platform launch date May 2024 Launch of Overland Advantage direct lending platform

Market Reality Check

Price: $90.49 Vol: Volume 16,314,720 is very...

normal vol

$90.49 Last Close

Volume Volume 16,314,720 is very close to the 20-day average of 16,231,420, suggesting typical trading activity ahead of this announcement. normal

Technical Price $88.03 is trading above the 200-day MA at $81.67 and about 9.95% below the 52-week high of $97.76.

Peers on Argus

WFC was down 0.77% while peers showed mixed, mostly modest moves: HSBC -0.07%, R...

WFC was down 0.77% while peers showed mixed, mostly modest moves: HSBC -0.07%, RY -1.23%, BAC -0.27%, JPM +0.17%, MUFG 0.00%. This points to a stock-specific move rather than a broad sector swing.

Historical Context

5 past events · Latest: Jan 27 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 27	Dividend declaration	Positive	+0.8%	Announced a quarterly common stock dividend of $0.45 per share.
Jan 26	Leadership / AI hire	Positive	+1.3%	Named a new Head of AI Products and Solutions to drive AI strategy.
Jan 14	Earnings release	Neutral	-4.6%	Reported fourth quarter 2025 results and hosted an earnings call.
Jan 07	Earnings date notice	Neutral	-2.2%	Announced timing and access details for Q4 2025 earnings release.
Jan 05	Consumer survey	Neutral	+1.2%	Released survey results on Americans’ financial resolutions and saving behavior.

Pattern Detected

Recent news shows generally positive reactions to dividends and strategic hires, with more volatile moves around earnings-related dates.

Recent Company History

In the past month, WFC’s news flow has centered on capital returns, leadership, and earnings. A $0.45 quarterly dividend announcement on Jan. 27, 2026 and the appointment of a Head of AI Products and Solutions on Jan. 26, 2026 both saw positive price reactions. Earnings timing and results around Jan. 14, 2026 coincided with notable declines, indicating sensitivity to quarterly outcomes. Today’s Overland Advantage middle‑market lending update fits within Wells Fargo’s broader commercial and credit solutions focus.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2026-01-22

An effective Form S-3 shelf dated Jan. 22, 2026 allows Wells Fargo and Wells Fargo Finance LLC to offer unsecured debt securities, warrants, units, and purchase contracts over time, generally for corporate purposes. Multiple recent 424B2 filings in late January 2026 indicate active use of this program to issue medium-term notes.

Market Pulse Summary

This announcement underscores Wells Fargo’s expanding role in U.S. middle‑market direct lending thro...

Analysis

This announcement underscores Wells Fargo’s expanding role in U.S. middle‑market direct lending through Overland Advantage. Since launching in May 2024, Overland has underwritten roughly $7.0 billion in custom financings, including 18 transactions totaling about $4.0 billion in 2025, and has led approximately 96% of its invested credit facilities. With around 70% of volume directed to founder and family‑owned businesses, investors may track how this specialized lending complements Wells Fargo’s broader capital markets and note‑issuance activity.

Key Terms

first lien credit facility, term loan, direct lending

3 terms

first lien credit facility financial

"Among the transactions Overland led in the second half of 2025 are the following:First lien credit facility for Tempo..."

A first lien credit facility is a loan or line of credit that has the top legal claim on a borrower's specified assets if the borrower defaults or is liquidated, similar to how a mortgage holder gets paid before other creditors. For investors, it matters because this priority typically makes the debt safer and lower-cost for the borrower, affects a company's leverage and financial flexibility, and influences recovery prospects and risk for other lenders and equity holders.

term loan financial

"Term Loan for Columbus Distributing, a distribution platform serving the Midwest region"

A term loan is a type of loan that is borrowed for a set period of time, with a fixed schedule for repaying the money, usually in regular payments. It matters to investors because it represents a company's borrowing costs and financial stability; reliable repayment of these loans can indicate strong financial health, while difficulties may signal potential risks.

direct lending financial

"Overland continues to provide unique financing solutions and is redefining direct lending for founder and family-owned businesses."

Direct lending is when investors or investment funds lend money straight to companies instead of those companies borrowing from traditional banks. It matters to investors because it can offer higher interest income than public bonds or bank deposits, much like lending money to a neighbor for a premium, but it also carries greater credit risk and lower liquidity since the loans are often private and harder to sell.

AI-generated analysis. Not financial advice.

NEW YORK, Jan. 29, 2026 /PRNewswire/ -- Overland Advantage ("Overland") continues to benefit from Wells Fargo's extensive U.S. middle market sourcing footprint and Centerbridge Partners' top-tier private credit underwriting. Overland has provided highly customized credit solutions to family, founder, employee and sponsor-owned companies, financing 18 transactions in 2025 with an aggregate value of ~$4.0 billion. Since inception, Overland has arranged, structured and led ~96% of the credit facilities that it has invested in – an exceptional leadership track record. Overland's disciplined growth underscores its unique strategy and relevance, in particular within the family and founder-owned business community.

Since Overland's launch in May 2024, ~$7.0 billion in custom financing solutions have been underwritten to U.S. middle-market companies, 70% of which are founder and family owned, demonstrating market leadership in a market segment which is historically more challenging to access. Through financings provided together by Overland and Wells Fargo, companies have secured unique, flexible and cost-effective solutions that have allowed them to advance their strategic objectives.

Overland stands out as a differentiated provider of tailored and efficient capital solutions, catering to the unique financing needs of its clients. Overland invests across various industries, targeting market-leading companies with stable cash flows, unique product offerings, barriers to entry and experienced management teams.

"Amidst an evolving macro environment, Overland has leveraged the complementary strengths of Centerbridge and Wells Fargo to close 18 transactions this year," said Gavin Baiera, CEO and Trustee of Overland Advantage and Senior Managing Director at Centerbridge. "Our financing solutions have delivered exceptional results for borrowers, and our recent momentum underscores the strategic execution of our vision, the innovative nature of our direct lending solutions, and the robust partnership we maintain with Wells Fargo."

David Marks, Wells Fargo Commercial Banking EVP, shared, "We're proud to see that Overland has proven to be a market-leading direct lending solution for middle market companies, allowing us to expand long-term relationships and acquire new clients. By delivering the joint capabilities of Wells Fargo and Overland, we've created a complete solution for our clients to pursue their most strategic transactions."

Among the transactions Overland led in the second half of 2025 are the following:

• First lien credit facility for Tempo, a project management software company
• First lien credit facility for Technique, a metals fabricator specializing in low-volume and prototype solutions
• First lien credit facility for Atlantic Squared Supply, a distributor of roofing materials and manufacturer of metal roofing products
• Term Loan for Columbus Distributing, a distribution platform serving the Midwest region
• Incremental first lien term loan for Stark Tech, a provider of building technology solutions
• First lien credit facility for Exclusive Resorts, a luxury membership club offering access to a global portfolio of private residences, experiences, and benefits
• First lien credit facility for Envision Radiology, a provider of diagnostic imaging services

Overland continues to provide unique financing solutions and is redefining direct lending for founder and family-owned businesses.

About Overland Advantage

Overland provides innovative lending solutions to founder, family and sponsor-owned middle market companies in North America and allows businesses to pursue their most important strategic goals. 

Overland benefits from a strategic partnership between Centerbridge Partners and Wells Fargo, a leading commercial bank in the U.S. Overland borrowers can benefit from more seamless access to Wells Fargo's differentiated treasury management, investment banking services and senior bank capital and Centerbridge's leading private and alternative credit investment capabilities. Overland offers a unique, relationship-driven solution to meet the capital needs of privately owned middle market businesses, many of which historically have had limited connectivity to private credit solutions.  

Overland is advised by Overland Advisors, LLC, which is managed by Overland Advisors Holdings, LLC, a controlled affiliate of Centerbridge Partners, L.P.  and an entity in which Wells Fargo has a significant, non-controlling minority equity investment. 

For more information about Overland, visit www.overland-advantage.com LinkedIn: https://www.linkedin.com/showcase/overlandadvantage/

About Wells Fargo 

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune's 2025 rankings of America's largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo

Contacts
Kekst CNC
Jeremy Fielding / Anntal Silver / Daniel Hoadley
overland@kekstcnc.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/overland-advantage-finances-4b-across-18-transactions-in-2025-demonstrating-continued-strength-in-middle-market-lending-302673158.html

SOURCE Overland Advantage

FAQ

How much did Overland Advantage (WFC) finance in 2025?

Overland financed 18 transactions totaling approximately $4.0 billion in 2025. According to Overland Advantage, these financings were arranged across multiple industries using joint capabilities with Wells Fargo and Centerbridge.

What is Overland Advantage's underwriting total since launch and its ownership mix?

Since launching in May 2024, Overland underwrote ~$7.0 billion of custom financing, with ~70%

What percentage of credit facilities has Overland led in deals it invested in?

Overland has arranged, structured, and led ~96% of the credit facilities it invested in. According to Overland Advantage, this reflects a leadership-focused origination and execution approach in its portfolio.

Which types of companies did Overland finance in the second half of 2025?

Overland led first-lien and term loan financings for software, manufacturing, distribution, luxury membership, and healthcare services companies. According to Overland Advantage, these were tailored to support strategic objectives across varied middle-market sectors.

What role does Wells Fargo play with Overland Advantage (WFC)?

Wells Fargo provides extensive U.S. middle-market sourcing and distribution support to Overland. According to Overland Advantage, the partnership enables expanded client access and joint financing capabilities for strategic transactions.