Fifth Third Bank joined as lender with Capital One as agent and lender, to provide Rimini Street with a $90 million five-year senior secured credit facility. Fifth Third provided $30 million and Capital One provided $60 million.
Hyde Park Ventures acquired seven Five Guys franchises and a new development territory across northern Colorado. Fifth Third Bank, Hyde Park’s sole lender, provided the debt financing for the transaction.
Fifth Third Bancorp entered a definitive agreement to acquire Provide, a digital platform for healthcare practices. The transaction adds digital capabilities addressing the lending and banking needs of retail healthcare providers.
Frontdoor, a provider of home service plans, closed a transaction to refinance its capital structure, including entry into new credit facilities totaling $890 million with JPMorgan Chase as administrative agent.
Apollo Medical Holdings refinanced its existing term loan and revolving credit facility with a new five-year revolving credit facility of $400 million. Truist Bank served as administrative agent.
JLL Income Property Trust secured a $650 million credit facility with a syndicate of eight real estate lenders, including JPMorgan Chase Bank as administrative agent, co-syndication agent, joint lead arranger and joint bookrunner.
Digital Media Solutions entered into a new $275 million, five-year senior secured credit facility. Truist Securities and Fifth Third Bank acted as joint lead arrangers and joint bookrunners for the financing.
Fifth Third Business Capital Provided a $40 million credit facility for Diversis Capital’s acquisition of Performance Designed Products.
Wanda Alverio and Andre Lemons joined Fifth Third Business Capital as vice presidents and ABL principals. In addition, John Littrell was promoted to group head of portfolio management.
Fifth Third Bank closed a $22 million credit agreement for American Shared Hospital Services, a provider of technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services. The agreement is composed of three loan facilities.