Geoffrey Frankel joined Hilco Corporate Finance as CEO. Frankel has 30 years of experience advising middle-market clients on M&A transactions, financings, restructurings and litigation support services.
Sunflower Bank’s leveraged finance team served as joint lead arranger for a senior debt facility led by KeyBanc Capital Markets to support the acquisition of NextEdge Networks Holdings and its wholly-owned subsidiary, Modus, by Bow River Capital.
Deutsche Bank, Landesbank Hessen-Thüringen (Helaba) and Norddeutsche Landesbank (NORD/LB), along with existing lenders, expanded 8minute Solar Energy’s $225 million revolving credit facility to $350 million.
QTS Realty Trust, a provider of hybrid colocation and data center solutions, entered into a new six-year $250 million term loan. Combined with the company’s current $1.7 billion unsecured credit facility, the term loan increases its aggregate unsecured credit facility capacity to $1.95 billion.
Purple Innovation executed a new five-year $100 million senior secured credit facility, consisting of a $45 million term loan and a $55 million revolving line of credit, with a group of financial institutions led by KeyBanc Capital Markets.
KeyBank served as administrative agent and KeyBanc Capital Markets and BMO Capital Markets acted as joint lead arrangers and syndication agents for an amended and restated senior secured revolving credit facility of up to $375 million for Jernigan Capital.
SunTrust Bank and KeyBanc Capital Markets committed to providing e-mail security experts Zix with a new five-year $175 million term loan and a $25 million revolving credit facility.
The Timken Company amended its credit facility to include a $350 million term loan facility to support its upcoming acquisition of Rollon Group. KeyBank served as administrative agent for the transaction.
Aluminum rolled products manufacturer Aleris International raised $1.5 billion in new debt financing. Deutsche Bank, New York Branch served as administrative agent on the transaction.