Envision Healthcare closed the first phase of a refinancing transaction with a majority of its first lien term loan lenders and, separately, consummated a refinancing transaction with its revolving lenders. The organization’s investment banker is PJT Partners.
Producers Midstream II secured a new syndicated credit facility led by Texas Capital Bancshares, Bank of Oklahoma and Cadence Bank. The credit facility will allow the company to borrow up to an additional $200 million, assuming certain conditions are met.
Apollo agreed to acquire Cardenas Markets, a grocery retailer focused on serving the Hispanic community, from investment funds affiliated with KKR, a global investment firm.
Allegion agreed to acquire Stanley Access Technologies and assets related to the automatic entrance solutions business from Stanley Black & Decker for $900 million. Allegion obtained fully committed financing from Goldman Sachs to support the deal.
Dave & Buster’s Entertainment entered into an agreement to acquire Main Event from Ardent Leisure Group and RedBird Capital Partners. Deutsche Bank Securities, JPMorgan Chase Bank and BMO Capital Markets are the joint lead arrangers and joint bookrunners for the financing supporting the acquisition.
Blue Owl Capital entered into a definitive purchase agreement to acquire Wellfleet Credit Partners from affiliates of Littlejohn & Co. The transaction is expected to close in March 2022 and is subject to customary closing conditions.
Ares Management and its subsidiary, Ares Holdings, entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform, an infrastructure debt investment platform with approximately $8 billion in assets under management as of Sept. 30.
Nordic Aviation Capital entered into a restructuring support agreement with its equity holders and lenders and filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code. As part of the restructuring, the company obtained $170 million in debtor-in-possession financing.
Callodine Group, an asset management firm focused on yield-oriented investment strategies, entered into a definitive agreement to acquire a majority stake in Thorofare Capital, a real estate investment firm managing more than $1 billion in assets under management.
Kroll Bond Rating Agency entered a deal with private equity firm Parthenon Capital Partners, which will acquire a majority stake in the company. KBRA is a global credit rating agency that was founded in the wake of the global financial crisis.