Tivity Health launched the syndication of new senior secured credit facilities. Morgan Stanley, Credit Suisse and Truist Bank are acting as joint lead arrangers and bookrunners for the transaction.
HomeLight, a real estate technology platform, is expanding its financial offerings, HomeLight Trade-In and HomeLight Cash Offer, to real estate agents, homebuyers and sellers across Texas. Credit Suisse provided a $100 million credit facility to HomeLight to fuel the expansion.
US LBM, a distributor of specialty building materials, reached an agreement to acquire American Construction Source, a building materials distribution platform. Barclays and Credit Suisse provided debt financing for the transaction.
Gogo priced and allocated a seven-year, $725 million term loan B and a five-year, $100 million revolving credit facility. Morgan Stanley, Credit Suisse, Deutsche Bank, Benefit Street Partners and CBAM Partners acted as joint lead arrangers for the facilities.
Platinum Equity entered into a definitive agreement to acquire Club Car from Ingersoll Rand in a transaction valued at approximately $1.7 billion. BofA Securities will lead the debt financing for Platinum Equity and Club Car in connection with the transaction.
KPS Capital Partners signed a definitive agreement to acquire the Europe, Middle East and Africa food, aerosol and promotional packaging business of Crown Holdings. Barclays and Deutsche Bank led debt financing to support the transaction.
Fora Financial closed a $100 million revolving credit facility with Credit Suisse and Hudson Cove Capital Management. Sector Financial provided access to the debt facility, which will give Fora Financial up to $150 million of borrowing capacity over the next two years.
According to an 8K filed with the SEC, Credit Suisse is serving as administrative agent and collateral agent for Playtika, which entered into a seven-year, $1.9 billion term loan B and increased its revolving credit facility to $600 million.
CURO Group completed its acquisition of Flexiti Financial. In connection with the transaction, Flexiti refinanced and expanded its nonrecourse asset-backed warehouse financing facility, which is funded by Credit Suisse and SPF Securitized Products Master Fund.
Credit Suisse and a fund managed by Neuberger Berman closed a secured debt facility for West Creek, a consumer financing provider. The facility increases West Creek’s funding capacity by more than 30%, enabling its originations plans for 2021 and 2022.