HighTower recently secured a new credit facility totaling $245 million, an increase of $75 million over the company’s previous facility. The financing supports HighTower’s pending acquisition of WealthTrust, which includes $6.4 billion in client assets nationwide.

The transaction is the largest in HighTower’s history, bringing the company’s total client assets to nearly $46 billion — an almost four-fold increase in less than four years.

The new facility syndicate comprises BMO Capital Markets as left joint lead arranger and administrative agent, Regions Capital Markets as joint lead arranger and syndication agent, Fifth Third Bank as documentation agent and KeyBank.

“This financing supports the WealthTrust transaction and HighTower’s capacity to drive growth with similar acquisitions in the future,” said Sagar C. Kurada, chief financial officer, HighTower. “We are grateful to our financial and legal partners who helped make this deal possible.”