Oak Hill Advisors (OHA) served as administrative agent and lead left arranger of a private unitranche facility to support Carlyle’s acquisition of Worldpac. BMO Capital Markets served as administrative agent on the company’s asset-based lending facility.
Enviri has amended and extended its senior secured revolving credit facility. The amendment was led by BofA Securities, BMO Capital Markets, Goldman Sachs Bank USA, PNC Bank and Fifth Third Bank. U.S. Bank, JPMorgan Chase Bank and HSBC Securities also participated in the transaction.
Oak Hill Advisors served as the left lead arranger for the private financing of infrastructure-focused professional services firm STV Group, which is partnered with The Pritzker Organization.
Dave & Buster’s Entertainment amended its credit agreement, achieving a reduction in the interest rate margin applicable to its term loans and revolving loans. A banking syndicate including Deutsche Bank Securities acted as joint lead arrangers for the transaction.
Sterling Infrastructure received an amendment to its 2019 credit agreement that extends the maturity of the credit facility by 18 months to April 2026. The credit agreement amendment was led by BMO Capital Markets as joint lead arranger and joint book runner.
Oak Hill Advisors served as a lead arranger for the acquisition financing to support Thoma Bravo’s $1.8 billion take-private transaction of NextGen Healthcare, a provider of cloud-based healthcare technology solutions to ambulatory providers.
Blue Bird, a manufacturer of school buses, completed the refinancing of its credit facilities and entered into a new five-year credit agreement led by BMO Capital Markets. The new credit agreement provides for a $100 million term loan and a $150 million revolving credit facility.
Mammoth Holdings, a car wash operating platform, executed a refinancing of its operations through Oak Hill Advisors totaling more than $500 million and including a unitranche term loan, a delayed-draw term loan and a revolving credit facility.
Jones Lang LaSalle (JLL) amended its bank credit facility, increasing borrowing capacity to $3.3 billion and extending the maturity from April 2025 to November 2028. BMO Capital Markets and BofA Securities were joint lead arrangers for this transaction.
Dan Barclay, CEO and group head of capital markets for BMO Financial Group, will retire on Nov. 1 and transition to a role as senior advisor to the CEO. BMO selected Alan Tannenbaum to succeed Barclay and to join the bank’s executive committee.