Casper Sleep entered into a definitive agreement to be acquired by Durational Capital Management. KKR Credit and Callodine Commercial committed debt financing to Durational Capital Management to support the acquisition.
TEAM entered into a $50 million delayed draw subordinated term loan facility led by Corre Management Partners. TEAM also entered into an amendment to its senior secured term loan facility led by Atlantic Park Strategic Capital Fund.
Clearlake Capital Group completed its acquisition of Cornerstone OnDemand. J.P. Morgan, BofA Securities, Ares, Golub Capital, Antares Capital, Barclays, Blue Owl, BMO Capital Markets, BNP Paribas, Credit Suisse, Goldman Sachs and Jefferies provided debt financing for the transaction.
Avantor entered into a definitive agreement to acquire the Masterflex bioprocessing business and related assets of Antylia Scientific, a privately held, portfolio company of investment firms GTCR and Golden Gate Capital.
Eagle Point Credit Management appointed Nate Morse head corporate trader. Morse has more than 20 years of industry experience. Prior to joining Eagle Point Credit Management, he spent five years as a credit trader at Aristeia Capital.
Cerecor, a biopharmaceutical company focused on the development and commercialization of treatments for rare and orphan diseases, entered into a debt financing agreement for up to $35 million in term loans with Horizon Technology Finance.
The banking app Dave and VPC Impact Acquisition Holdings, a special purpose acquisition company sponsored by Victory Park Capital, entered into a business combination agreement that will result in Dave becoming a publicly traded company with an expected equity value of approximately $4 billion.
JPMorgan Chase Bank, Morgan Stanley Senior Funding, Goldman Sachs, UBS Investment Bank, Bank of America, Barclays and Jefferies are arranging debt financing in support of Clearlake Capital Group’s new equity investment in RSA Security.
RSA Security announced a significant new equity investment from Clearlake Capital Group. JPMorgan Chase, Morgan Stanley Senior Funding, Goldman Sachs, UBS Investment Bank, Bank of America, Barclays and Jefferies are arranging the debt financing for the transaction.
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.