Aurora Capital Partners, a middle-market private equity firm completed its acquisition of Sharps Compliance Corp. Antares arranged the debt financing for the transaction.
Amryt, a global, commercial-stage biopharmaceutical company dedicated to acquiring, developing and commercializing novel treatments for rare diseases, secured $125 million of senior credit facilities from funds managed by the credit group of Ares Management.
Platinum Equity completed its acquisition of Pelican Products, a designer and manufacturer of protective cases and gear for outdoor enthusiasts and supply chain solutions for the healthcare industry. BofA Securities was the lead underwriter for debt financing in support of the transaction.
SGS, investment funds managed by SVPGlobal and the largest existing holder of SGS’ outstanding funded indebtedness completed a recapitalization transaction to strengthen SGS’s balance sheet and position the business for growth. HPS Investment Partners led the financing for the investment.
Galaxy Universal, a portfolio company of Gainline Capital Partners, agreed to acquire the And1, Avia, Gaiam and SPRI brands from Sequential Brands Group for approximately $330 million. KKR led the debt financing for the acquisition and will participate as a co-investor.
Sequential Brands Group, together with its wholly-owned subsidiaries, commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware. In connection with this process, Sequential will be obtaining $150 million in debtor-in-possession financing from its existing lenders.
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.
Platinum Equity signed a definitive agreement to acquire Solenis from Clayton, Dubilier & Rice and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. BofA Securities and Goldman Sachs are leading the debt financing for the acquisition.
NN completed a new financing with J.P. Morgan, Oaktree Capital Management and Morgan Stanley Tactical Value to provide a $50 million asset-based credit line, a $150 million term loan and a $65 million preferred stock issuance, respectively.