Sound Point Capital, an alternative credit manager, served as administrative agent and lead arranger for a $575 million senior secured credit facility to support Greenbelt Capital Management’s acquisition of Peak Utility Services Group from ORIX Capital Partners.
“We are pleased to partner with Greenbelt Capital Partners to support their acquisition of Peak, a leading platform operating in a critical and growing segment of the infrastructure services market,” Andrew Eversfield, co-head of direct lending at Sound Point, said. “This investment highlights our ability to provide scaled, flexible capital solutions to leading sponsors and companies benefiting from durable, long-term demand drivers.”
Chris Murphy, partner at Greenbelt Capital Partners, added, “Sound Point was a highly constructive partner throughout the process. Their ability to deliver certainty of execution and thoughtful structuring solutions were instrumental in completing the transaction, and we look forward to working together to support Peak’s continued growth.”
