RBC, Credit Suisse Provide TierPoint Financing for Acquisition
TierPoint completed its acquisition of Xand from an affiliate of ABRY Partners. RBC Capital Markets and Credit Suisse will be providing debt financing for the transaction.
TierPoint completed its acquisition of Xand from an affiliate of ABRY Partners. RBC Capital Markets and Credit Suisse will be providing debt financing for the transaction.
Accella Performance Materials announced the sale of specialty assets to PolyOne. The Valence Group acted as financial advisor and DLA Piper acted as legal advisor to Accella.
Audax Group said it acquired Checkers Industrial Safety Products from Tonka Bay Equity Partners. Madison Capital Funding and GMB Mezzanine provided financing for the transaction.
Tiptree Financial entered into an agreement with Reliance First Capital and Reliance equityholders to acquire all of the equity interests of Reliance for a combination of cash and Class A common stock of Tiptree.
Praesidian Capital Europe announced it provided first lien debt to support the acquisition of Helideck Certification Agency by a group of private investors.
Stifel Financial announced that it has entered into an agreement to acquire Merchant Capital. Closing is expected to be in December 2014.
Nellson Nutraceutical entered into a definitive agreement to acquire Le Groupe Multibar. GE Capital and Metropolitan Life Insurance Company have provided committed credit facilities sufficient to close the transaction.
Generational Capital Markets received Financial Services Deal of the Year and M&A Deal of the year (10mm-25mm) at the 13th Annual M&A Advisor Awards Gala.
SSG Capital Advisors received the Technology, Media, Telecom Deal of the Year Award-$100 Million to $1 Billion, for its role in the restructuring of FriendFinder Networks.
H.I.G. Capital portfolio company Comverge and Constellation combined demand response businesses serving commercial & industrial customers to form CPower, headquartered in Baltimore.