H.I.G. Capital, and its portfolio company Aspire Pharma, acquired Morningside Healthcare and Morningside Pharmaceuticals, a UK provider of niche generic and branded specialty pharmaceuticals.
Archaea Energy obtained binding commitments from five financial institutions to amend its revolving credit and term loan agreement to, among other things, increase aggregate total commitments by approximately $450 million to a total of at least $920 million.
Diversified Healthcare Trust amended the agreement governing its revolving credit facility and exercised its option to extend its maturity date to January 2024. Wells Fargo is the administrative agent for the facility.
BMO Financial Group is serving as lead sustainability structuring coordinator for a three-year, $250 million sustainability-linked revolving credit facility for Seaspan, a containership leasing company.
Webster Financial and Sterling Bancorp completed their previously announced merger. The combined company is a financial institution with a funding base that includes HSA Bank as well as consumer and commercial banking businesses.
McAfee, a global provider of online protection, entered into a definitive agreement to be acquired by an investor group, which obtained a commitment from a JPMorgan Chase Bank-led syndicate for nearly $10 billion in debt financing to support the transaction.
Avantor entered into a definitive agreement to acquire the Masterflex bioprocessing business and related assets of Antylia Scientific, a privately held, portfolio company of investment firms GTCR and Golden Gate Capital.
Integer Holdings, a medical device outsource manufacturer, raised $1 billion in senior secured credit facilities to refinance its existing debt. Wells Fargo Bank is acting as administrative agent, swingline lender and issuing lender for the facilities.
Craig Farr joined Apollo Global Management as a senior partner to lead the firm’s capital solutions activities. In this newly created role, Farr will spearhead Apollo’s centralized origination, structuring and distribution platform.
SYNNEX entered into a new $5 billion credit facility consisting of a $1.5 billion term loan and a $3.5 billion revolving credit facility. Citigroup Global Markets is the joint lead arranger and joint bookrunner for the new revolving credit and term loan facilities.