Nesco entered into a definitive agreement to acquire Custom Truck One Source for a purchase price of $1.475 billion. Bank of America is leading debt financing in support of the transaction.
Energy Capital Partners loaned $35 million under a first-lien secured credit agreement to Summit Midstream Partners LP (SMLP) in connection with SMLP’s acquisition of Summit Midstream Partners LLC.
Barclays provided a $950 million senior secured bridge facility and a $1.1 billion revolver to support Energy Capital Partners acquisition of Calpine. Simpson Thatcher advised Barclay on the transactions.
Southcross Holdings completed a $210 million preferred equity commitment from Energy Capital Partners Mezzanine Opportunities Fund and GE Energy Financial Services.