ORIX Leveraged Finance announced the closing of a unitranche debt facility with Impact Facility Services. Proceeds will be used to expand current operations and provide liquidity for the company’s expected growth. ORIX Leveraged Finance served as lead arranger, administrative agent and sole lender.
Ted Thorp, managing director and co-head of ORIX Leveraged Finance, said, “We are pleased to team up with Caltius Equity in their investment with Impact Facility Services. Our unitranche credit facility is structured to allow the company the flexibility and liquidity necessary to achieve the growth objectives it has identified.”
Headquartered in Austin, TX, Impact Facility Services is a provider of repair, service and inspection services for fire suppression and fire alarm systems across the United States. The company is principally owned by Caltius Equity Partners and management. ORIX also is a co-investor in the company.
“We are excited to have the support of ORIX,” said Michael Lloyd, CEO of Impact. “The flexible unitranche facility provided by ORIX offers the structure and capital support to accommodate our company’s growth plans.”