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.
An affiliate of Fundamental Advisors completed its acquisition of MMA Capital Holdings, an infrastructure finance company focused on providing debt financing for renewable energy projects, in an all-cash transaction valued at approximately $162 million.
H.I.G. Capital, a global alternative investment firm with $45 billion of equity capital under management, sold its portfolio company, US Medical Supply, to Advanced Diabetes Supply, a portfolio company of Court Square Capital Partners.
Houlihan Lokey, a global investment bank, acquired boutique advisory firm Baylor Klein as it continues to grow its corporate finance business in Europe.
JAKKS Pacific refinanced its existing term loan facility with a new first lien term loan facility from Benefit Street Partners and entered into a new $67.5 million asset-based revolving credit facility with JPMorgan Chase.
VSS Capital Partners, a private investment firm, completed a growth capital investment in Ambulatory Management Solutions, a turnkey provider of outpatient anesthesia, surgical and administrative services.
Houlihan Lokey, a global investment bank, hired Jonathan Guskind as a managing director in its healthcare group covering medical technology, adding to a growing list of senior professionals covering medical technology for the firm.
Valaris received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged plan of reorganization. Valaris also will receive a $520 million capital injection through the issuance of a $550 million secured note.
Post Road Group closed a $25 million senior secured loan to refinance debt for Compute North, a computer infrastructure and cryptocurrency mining company.
Onex Corporation acquired Falcon Investment Advisors, a U.S. private credit manager. The combined platform will merge Falcon’s specialized private credit investing with the investment and origination capabilities of Onex Credit and the broader Onex franchise.