Morgan Stanley Senior Funding led debt financing to support the close of E.W. Scripps Company’s acquisition of ION Media Networks. In addition, BofA Securities, Truist Securities, J.P. Morgan and Wells Fargo acted as joint book runners on the debt financing.
Crestline Investors provided debt financing to support Ntiva’s acquisition of Forget Computers and Netlink Systems. The transactions represent Ntiva’s ninth and 10th acquisitions in the U.S.
BioAmber announced that it closed on a $25 million, three-year term loan with Hercules Capital. The financing is in addition to the company’s $71.9 million IPO proceeds.
Milton H. Barbarosh, president of Stenton Leigh Group, said the firm completed a placement of debt financing for Superhero Scramble with Thompson MacTavish Fixed Asset Opportunity Fund, a Florida-based ABL.
Business Capital said it structured a $5 million business acquisition financing package allowing Sysorex Global Holders to acquire Lilien, an IT infrastructure solution provider.
Prospect Capital announced it has provided $70 million of debt financing for the acquisition of Thomson Reuters Property Tax Services by global tax services firm, Ryan.