Sunflower Bank‘s leveraged finance team served as joint lead arranger for a senior debt facility led by KeyBanc Capital Markets to support the acquisition of NextEdge Networks Holdings and its wholly-owned subsidiary, Modus, by Bow River Capital.
Modus is a 5G infrastructure services company that focuses on identifying, designing, engineering, constructing, installing and maintaining 5G small cell networks.
Bow River Capital is a private alternative asset management company based in Denver that focuses on investing in the lower middle market in three asset classes, including private equity, real estate and software growth equity.
“We are excited to work with the Modus team to help facilitate the growth of the company going forward,” David Harper, managing director of leveraged finance at Sunflower Bank, said. “This is the sixth transaction that Harper’s team has closed this year, demonstrating Sunflower Bank’s dedication to providing senior debt capital and strategic partnerships to private equity firms and their portfolio companies. This syndication is a great opportunity to participate with Key Bank and continue our relationship with the respected local firm, Bow River Capital.”
