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.