Silicon Valley Bank provided a $100 million debt facility and Trinity Capital closed a $26.6 million facility for Petal, a specialty credit card company.
Credit Suisse, Goldman Sachs, Antares, Ares, Deutsche Bank, Golub Capital and Jefferies provided debt financing to support symplr’s acquisition of TractManager from Arsenal Capital Partners.
Bouchard Transportation filed voluntary petitions to restructure under Chapter 11. Kirkland & Ellis and Jackson Walker are acting as Bouchard’s legal counsel, while Portage Point Partners is serving as restructuring advisor and Jefferies is serving as investment banker.
Enova International entered into a definitive agreement to acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million.
Jefferies and Opportune are acting as financial advisors to Rosehill Resources, which commenced voluntary Chapter 11 cases under the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas.
Bank of America acted as sole lead arranger on an amendment to a senior secured asset-based revolving credit facility while Pathlight Capital acted as sole lead arranger for a new $70 million term loan for Armstrong Flooring.
APC Automotive Technologies filed voluntary petitions for reorganization pursuant to Chapter 11 of the United States Bankruptcy Code. The company also negotiated agreements with certain of its existing term loan lenders for $50 million in debtor-in-possession financing.
Smart Sand has refinanced its existing credit facility into a combination five-year equipment financing and a five-year senior secured asset-based lending credit facility.
Syncsort signed a definitive agreement to acquire Pitney Bowes’ Software Solutions business. Debt commitments have been provided by Jefferies Finance, Credit Suisse, Golub Capital, and Antares Capital.