Guggenheim Securities Archives

CAN Capital Completes Term Debt Securitization

CAN Capital, an innovator in alternative small business finance, has successfully completed a $175 million funding program, which includes a variable funding note facility with a maximum borrowing amount of $50 million and a $125 million asset-backed notes term securitization.

June 27, 2024 CAN Capital | Edward Siciliano | Guggenheim Securities Brianna Wilson

Guggenheim Securities Hires Surber to Strengthen Capital Markets Capabilities

Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, hired Brent Surber as a senior managing director to strengthen its capital markets capabilities within its investment banking division.

December 13, 2023 Brent Surber | Guggenheim Securities | Mark Van Lith Ian Koplin

Cyxtera Enters Asset Purchase Agreement with Brookfield Infrastructure Partners

Cyxtera, a data center colocation, interconnection services and digital infrastructure company, entered into an asset purchase agreement under which Brookfield Infrastructure Partners and its institutional partners will acquire substantially all of Cyxtera’s assets for $775 million.

Sunlight Financial to Be Acquired by Solar Industry Investors, Files for Chapter 11

Sunlight Financial Holdings will be acquired by a consortium of established investors in the solar energy industry. As part of the process, Sunlight Financial has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

Rite Aid Corporation Initiates Voluntary Chapter 11 Process

Rite Aid Corporation reached an agreement in principle with certain of its senior secured noteholders on the terms of a financial restructuring plan that will allow the company to accelerate its ongoing business transformation.

Guggenheim Securities Expands Commercial Services Investment Banking Practice

Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, expanded its commercial services investment banking practice with the hiring of Andy Miller and Paul Majeski as senior managing directors.

September 18, 2023 Andy Miller | Guggenheim Partners | Guggenheim Securities | Marc Van Lith | Paul Majeski Ian Koplin

Instant Brands Obtains $30MM in New Term Loan Financing

Instant Brands, a houseware and appliance manufacturer with brands like Pyrex and Instant Pot, received a commitment for an additional $30 million in new term loan financing from its existing lenders, increasing the amount of the company’s term loan credit facility to $162.5 million.

August 10, 2023 AlixPartners | Ben Gadbois | Davis Polk & Wardwell | Guggenheim Securities | Instant Brands Ian Koplin

H.I.G. Capital Completes Sale of Riveron to Kohlberg

H.I.G. Capital, a global alternative investment firm with $57 billion of capital under management, completed the sale of its portfolio company Riveron to affiliates of Kohlberg & Company. H.I.G. will continue its partnership with Riveron through a minority investment. The sale was first announced in June.

Kohlberg Acquires Riveron, HIG Continues Partnership

Riveron, a national business advisory firm focused on the office of the CFO, private equity and other capital providers, entered into a definitive agreement to be acquired by affiliates of Kohlberg & Company. H.I.G. Capital will continue its partnership with Riveron through a minority investment.

Cyxtera Initiates Pre-Arranged Chapter 11 Process

Cyxtera, a provider of data center colocation and interconnection services, initiated a pre-arranged court-supervised process under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey.

June 5, 2023 AlixPartners | Cyxtera | Guggenheim Securities | Kirkland & Ellis | Nelson Fonseca Ian Koplin

Tag Archives: Guggenheim Securities