Harvard Bioscience Inc. has announced the successful completion of a new $40 million credit facility agreement with BroadOak Capital Partners, a life-sciences-focused investment and advisory firm. The financing package consists of three term loans, all funded on December 17, 2025, and will be used to retire the company's existing debt obligations, improve its balance sheet, and enhance financial flexibility. Guggenheim Securities acted as lead financial advisor to Harvard Bioscience on the transaction, with Covington & Burling LLP and Cooley LLP serving as legal advisors to Harvard Bioscience and BroadOak, respectively. As part of the agreement, Bill Snider, Partner at BroadOak, will join Harvard Bioscience's Board of Directors, and the company will form a new advisory board focused on growth and operational opportunities.