TD Bank Group received all regulatory approvals required under its merger agreement to complete its acquisition of Cowen. With this step completed, TD expects the acquisition to close on March 1, subject to the satisfaction of other customary closing conditions.
Wingspire Capital provided a $46 million senior secured credit facility to EMCORE to facilitate its recent acquisition of the inertial navigation systems and fiber optic gyroscope business segment from KVH Industries.
Establishment Labs, a medical technology company focused on women’s health initially in the breast aesthetics and reconstruction market, entered into a $225 million term loan financing facility with funds managed by Oaktree Capital Management.
HighBar Partners, a Menlo Park, CA-based private equity investor, acquired SilkRoad Technology, a global software and cloud-based technology platform designed to increase employee satisfaction and productivity. Debt financing for the transaction was provided by Bridge Bank.
Rimini Street entered into a definitive agreement for a $90 million senior secured credit facility with Capital One, which is acting as sole lead arranger and bookrunner. The facility is structured as a five-year term loan.
Sunlight Financial, a technology-enabled point-of-sale financing company, closed its business combination with Spartan Acquisition Corp. II, a publicly-traded special purpose acquisition company sponsored by funds managed by an affiliate of Apollo Global Management.
Impel NeuroPharma, a late-stage biopharmaceutical company, closed a $50 million debt facility with Oxford Finance and Silicon Valley Bank. The first $20 million of the facility was funded at closing.
Cloudera entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice and KKR in an all-cash transaction valued at approximately $5.3 billion. J.P. Morgan, Bank of America and KKR Capital Markets committed to provide debt financing for the transaction.
Adam Chazan joined Cowen as a managing director in the investment banking division, responsible for the firm’s tools and diagnostics banking practice. Chazan most recently served as the global co-head of medical technology investment banking at Bank of America.