Accuray closed a new $52 million senior secured revolving loan facility with MidCap Financial Trust.
Cerberus Business Finance added Jefferies veteran Andrew Woolford to the firm as a managing director who will oversee capital markets activities.
Dunes Point Capital acquired the assets of Floors and Malibu Acceptance, which will be combined to create a diversified flooring platform. Cerberus Business Finance provided debt for the transaction.
Cherokee Global Brands will enter into a share purchase agreement to acquire Hi-Tec Sports International Holdings, a global footwear company. Cerberus Business Finance committed to providing a credit facility to support the acquisition.
Patriot National closed a new $280 million credit facility with Cerberus Business Finance to recapitalize the company.
The Watermill Group completed an investment in the automotive industry with the acquisition of Experi-Metal. Cerberus Business Finance and the Business Credit division of PNC were lenders in the transaction.
Phoenix Color entered into an asset purchase agreement to acquire the Color Optics packaging business from AKI. Cerberus Business Finance provided financing to support the acquisition.
Xura, a provider of digital communications services, entered into an agreement to be acquired by affiliates of Siris Capital Group. Debt financing will be provided by Cerberus Business Finance to support the transaction.
Avid Technology Worldwide entered into a $105 million financing agreement with Cerberus Business Finance as collateral and administrative agent.
Wireline telecom service provider Otelco has executed a new $105 million credit facility with a lender group led by Cerberus Business Finance as administrative agent.