GoodData, a provider of data-as-a-service (DaaS) analytics infrastructure, closed a $45 million credit facility from J.P. Morgan. GoodData will use this new financing to grow its global sales and engineering teams while continuing to invest in building solutions for enterprise-grade analytics.
Customers Bank hired Joseph M. Pennini as managing director and head of fund finance. In addition, Marya Savola will join Pennini’s fund finance team as vice president and credit portfolio manager, while Oleg Karaman will round out the fund finance team.
Cloudera entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice and KKR in an all-cash transaction valued at approximately $5.3 billion. J.P. Morgan, Bank of America and KKR Capital Markets committed to provide debt financing for the transaction.
Constant, the creator of the Vultr cloud computing and bare metal platform, closed a $150 million credit facility from J.P. Morgan and Bank of America, including a $25 million uncommitted expansion option to accommodate future growth.
BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion.
NN completed a new financing with J.P. Morgan, Oaktree Capital Management and Morgan Stanley Tactical Value to provide a $50 million asset-based credit line, a $150 million term loan and a $65 million preferred stock issuance, respectively.
JP Morgan Chase Bank served as issuing lender, joint lead arranger, joint bookrunner and the collateral and administrative agent on a $500 million asset-based revolving credit facility for NGL Energy Partners. The facility will be used to refinance existing debt.
J.P. Morgan, Wells Fargo and Bank of America provided a $110 million asset-backed lending facility to Tuesday Morning in the company’s emergence from its Chapter 11 filing.
Truist Securities, Interbank, Nomura Corporate Funding Americas and Barclays provided financing for private equity firm Thoma Bravo’s investment in Venafi, an inventor and provider of machine identity management.
Jacobs is acquiring a 65% stake in PA Consulting and also providing debt financing in the form of a £650 million ($845 million) term loan and a revolving credit facility of up to £100 million ($130 million) to fund future growth.