Sound Point Capital Management acted as administrative agent on a first lien senior secured credit facility to Barcoding. The financing was used to support the acquisition of the company by Graham Partners.
Sound Point Capital Management hired Gunther Stein to become head and chief investment officer of its U.S. Performing Credit and CLO platform.
Assured Guaranty entered into an agreement with Sound Point Capital Management pursuant to which Assured Guaranty will contribute its entire equity interest in Assured Investment Management and, with certain exceptions, its related asset management entities to Sound Point.
Sound Point Capital Management acted as administrative agent on a first lien senior secured credit facility to Gannett Fleming, an engineering and infrastructure solutions provider. The financing was used to support the acquisition of the company by OceanSound Partners.
Sound Point Capital Management acted as administrative agent and sole lender on a first lien senior secured credit facility to Salute Mission Critical for its acquisition of Iconicx Critical Solutions.
Sound Point Capital Management provided an accounts receivable facility for Centric Brands, a global lifestyle brand collective that designs, sources and markets branded products in the apparel, accessories, beauty and entertainment categories.
Sound Point Capital Management and LBC Credit Management, two providers of financing solutions to middle market companies, provided a $180 million senior secured credit facility to Greenbelt Capital Partners to support the acquisition of Unirac.
Sound Point Capital Management provided an accounts receivable facility for Dura Automotive, a global designer and manufacturer of highly engineered automotive systems and portfolio company of MiddleGround Capital.
Sound Point Capital Management closed a senior secured term loan for a subsidiary of Perry Ellis, an owner of retail brands. Perry Ellis will use the funding to pay down existing debt.
Global Eagle Entertainment completed the sale of substantially all of its assets to a group consisting of its first lien investors. Global Eagle’s new owners include certain funds managed by affiliates of Apollo Global Management, among others.