HireRight Holdings amended and upsized its revolving credit facility, increasing the committed line under the revolving facility to $145 million. Goldman Sachs, Royal Bank of Canada and Barclays joined the syndication, which is led by Bank of America as administrative agent.
Deserve, a venture-backed financial technology company expanding and powering the real-time credit card economy, secured a new $250 million credit facility with Goldman Sachs, Cross River and Waterfall Asset Management.
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.
ProPetro extended its existing asset-based loan facility to a five-year term with a reduction of commitments from $300 million to $150 million.
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.
Dave & Buster’s Entertainment entered into an agreement to acquire Main Event from Ardent Leisure Group and RedBird Capital Partners. Deutsche Bank Securities, JPMorgan Chase Bank and BMO Capital Markets are the joint lead arrangers and joint bookrunners for the financing supporting the acquisition.
Kyte closed an asset-backed credit financing of up to $200 million from Goldman Sachs and the Ares Global Management alternative credit team to accelerate the company’s fleet growth and margin expansion.
Olaplex, an indirect wholly owned subsidiary of Olaplex Holdings, completed a successful refinancing of its existing secured credit facility with a new credit agreement comprised of a $675 million senior secured term loan facility and a $150 million senior secured revolving credit facility.
McAfee, a global provider of online protection, entered into a definitive agreement to be acquired by an investor group, which obtained a commitment from a JPMorgan Chase Bank-led syndicate for nearly $10 billion in debt financing to support the transaction.
Bird Rides completed its business combination with Switchback II Corporation. The combined company received $414 million in incremental liquidity, including availability under Bird’s credit facility with Apollo Investment and MidCap Financial Trust.