Tag Archives: Goldman Sachs

DataBank Completes First Phase of Recapitalization

DataBank closed its initial recapitalization led by Swiss Life Asset Management AG, EDF Invest, Northleaf Capital Partners and Ardian. Structured as a sale of ownership interests from existing investors for $1.5 billion, the new investor consortium will now own 35% of the fully-diluted equity interests in DataBank.

UMB Agents $1.5B Warehouse Facility for Griffin Global Asset Management

UMB Bank is serving as administrative agent for an amended $1.5 billion senior secured warehouse facility for two entities jointly established by Griffin Global Asset Management and Bain Capital Credit.

Citibank, Wells Fargo and M&T Bank Close $500MM Credit Facility with Hersha Hospitality Trust

Hersha Hospitality Trust closed on the refinancing of a $500 million senior secured credit facility and the closing of the first tranche of six of the previously announced disposition of seven non-core Urban Select Service properties.

Goldman Sachs Supports Allegion’s Acquisition of Stanley Black & Decker’s Access Technologies Business

Allegion agreed to acquire Stanley Access Technologies and assets related to the automatic entrance solutions business from Stanley Black & Decker for $900 million. Allegion obtained fully committed financing from Goldman Sachs to support the deal.

Goldman Sachs Provides Financing to Support Club Car’s Acquisition of Garia

Club Car entered into a definitive agreement to acquire Garia, a Denmark-based manufacturer of electric low-speed vehicles for the utility, consumer and golf markets, from Lars Larsen Group. Goldman Sachs is leading the debt financing on the transaction.