Zebra Technologies closed on a $3.25 billion senior secured credit facility that will mature in May 2027. J.P. Morgan and Wells Fargo were co-left lead arrangers on the structuring and syndication of the facility.
Karen Larrimer, head of retail banking and chief customer officer at PNC, will retire after more than 27 years with the bank. Alex Overstrom, PNC’s current head of small business and deputy head of retail banking, will assume responsibility for leading the retail banking line of business.
eCapital appointed Mark Wilson chief technology officer. As part of the executive leadership team, Wilson will be responsible for advancing all platforms and improving infrastructure to execute the company’s technical vision and facilitate its ability to scale.
Alvarez & Marsal appointed John Scerbo a managing director within the firm’s private equity performance improvement group. Concurrently, A&M is establishing fund management solutions, led by Scerbo, as a new offering under its CFO services practice.
H.I.G. Capital signed a definitive agreement to acquire Terra Millennium, a national provider of outsourced industrial maintenance services, including refractory maintenance and other specialized services, from Court Square Capital Partners.
Kian Capital Partners, a middle-market focused private investment firm, added three new team members to support the firm’s continued growth. Thomas Bullock and Doyle Silvia joined the firm as associates, and Mikaela Palma joined as senior accountant.
Cyprium Investment Partners, a non-control private equity firm, completed a subordinated debt investment in D.P. Nicoli, a provider of shoring equipment rental services to utilities, municipalities and contractors in Oregon, Washington, California and Idaho.
Inovatec Systems, a provider of cloud-based software solutions for lenders, reached an agreement with Lightico, a software-as-a-service platform, to deliver digitally complete customer journeys to lenders in North America.