Tag Archives: Guggenheim Securities

Guggenheim Securities Advises QinetiQ on Acquisition of Avantus Federal

QinetiQ entered into a definitive agreement to acquire Avantus Federal from NewSpring Holdings for an enterprise value of $590 million. Guggenheim Securities served as exclusive financial adviser to Avantus and NewSpring Holdings, and Baker Tilly provided financial due diligence expertise.

Washington Prime Group Completes Financial Restructuring, Reduces Debt by Nearly $1B

Washington Prime Group emerged from the Chapter 11 process, signifying the completion of the company’s financial restructuring and the implementation of its plan of reorganization. The company emerged from bankruptcy with its debt reduced by nearly $1 billion.

Washington Prime Group Enters Chapter 11, Secures $100MM in DIP Financing

Washington Prime Group filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. Washington Prime Group also secured $100 million in new money debtor-in-possession financing.

H.I.G. Capital Provides Growth Investment to Cleo Communications

H.I.G. Capital, a global alternative investment firm with $44 billion of equity capital under management, provided an investment to Cleo Communications, a global provider of ecosystem integration software solutions. Terms were not disclosed.

BofA and Wells Provide ABL to Northwest Hardwoods in Restructuring Process 

Bank of America and Wells Fargo provided Northwest Hardwoods with an asset-based loan during the company’s financial restructuring process and emergence from Chapter 11.