KPS Capital to Sell Waupaca Foundry to Hitachi Metals
KPS Capital Partners announced it signed a definitive agreement, through an affiliate, to sell its portfolio company Waupaca Foundry to Hitachi Metals for $1.3 billion in cash.
KPS Capital Partners announced it signed a definitive agreement, through an affiliate, to sell its portfolio company Waupaca Foundry to Hitachi Metals for $1.3 billion in cash.
Universal American Mortgage announced it acquired certain assets of Pinnacle Mortgage Group. Deloitte served as the exclusive financial advisor to Pinnacle.
MB Financial announced it completed its acquisition of Taylor Capital Group and that Cole Taylor Bank has merged into MB Financial Bank.
FleetCor Technologies announced that it has signed a definitive agreement to acquire Comdata for $3.45 billion. According to an 8-K filing, Bank of America committed up to $3.785 billion in secured credit facilities.
GE Antares announced it served as administrative agent on a $265 million facility to support the acquisition of United Site Services by Calera Capital. GE Capital Markets served as sole lead arranger and bookrunner.
American Capital acted as lead agent and investor on a second lien financing to support the acquisition of Tectum Holdings by TA Associates. Tectum is a manufacturer of pickup truck accessories.
GE Capital’s Telecom, Media and Technology financing business announced it served as administrative agent on $69 million of senior facilities to support the acquisition of AGDATA by Vista Equity Partners.
Misys announced it acquired Custom Credit Systems (CCS). Financial Technology Partners and FTP Securities served as exclusive financial and strategic advisor to CCS in this transaction.
Exterran completed its acquisition of MidCon Compression for approximately $135 million. The acquisition was funded using Exterran’s revolver, provided by a bank syndicate with Wells Fargo as administrative agent.
Davis Polk advised Goldman, Merrill Lynch, Credit Suisse, Deutsche, Morgan Stanley and RBC as joint lead arrangers and joint bookrunners, and KKR, MCS and Blackstone as co-managers, in connection with a $390 million facility extended to Infinity Acquisition.