Westrock Coffee Company closed its business combination transaction with Riverview Acquisition Corp. In addition, the company entered into a new credit agreement that includes a $175 million senior secured first lien term loan facility and a $175 million senior secured first lien revolving credit facility.
Aurora Capital Partners, a middle-market private equity firm completed its acquisition of Sharps Compliance Corp. Antares arranged the debt financing for the transaction.
John McShane, Edward Murray, Joseph Muscatello and Michael Wolf joined Stifel’s public finance department as managing directors. Additionally, Rachel Perlman, Craig Burdulis and Maryanne Kelly joined the firm’s municipal capital markets practice.
H.I.G. Capital signed a definitive agreement to acquire Terra Millennium, a national provider of outsourced industrial maintenance services, including refractory maintenance and other specialized services, from Court Square Capital Partners.
SLR Investment Corp. (SLRC) and SLR Senior Investment Corp. (SUNS) entered into an agreement to merge together, with SLRC as the surviving company, subject to stockholder approval and customary closing conditions.
First Internet Bancorp, the parent company of First Internet Bank, entered into a definitive agreement to acquire First Century Bancorp, the parent company of First Century Bank.
Galaxy Universal, a portfolio company of Gainline Capital Partners, agreed to acquire the And1, Avia, Gaiam and SPRI brands from Sequential Brands Group for approximately $330 million. KKR led the debt financing for the acquisition and will participate as a co-investor.
Sequential Brands Group, together with its wholly-owned subsidiaries, commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware. In connection with this process, Sequential will be obtaining $150 million in debtor-in-possession financing from its existing lenders.
Old National Bancorp and First Midwest Bancorp entered into a definitive merger agreement to combine in an all-stock merger of equals transaction with a total market value of $6.5 billion to create a bank with $45 billion in combined assets.
BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion.