Dhanani Group closed financing totaling $500 million. Monarch Alternative Capital and its partners led the five-year secured bank loan facility.
Mizuho Americas signed an agreement to acquire Capstone Partners, an independent middle-market placement agent focused on fundraising and advisory services to private equity, credit, real asset and infrastructure investment firms.
Bird Rides completed its business combination with Switchback II Corporation. The combined company received $414 million in incremental liquidity, including availability under Bird’s credit facility with Apollo Investment and MidCap Financial Trust.
Sunlight Financial, a technology-enabled point-of-sale financing company, closed its business combination with Spartan Acquisition Corp. II, a publicly-traded special purpose acquisition company sponsored by funds managed by an affiliate of Apollo Global Management.
JPMorgan Chase and Blackstone Credit provided recapitalization through a combination of financing facilities for Atlas Technical Consultants, a provider of professional testing, inspection, engineering, environmental and consulting services.
Following an auction as part of Lilis Energy’s Chapter 11 process, oil and natural gas company Ameredev Texas will acquire substantially all of Lilis Energy’s assets for a $46.6 million cash payment at closing. Opportune is serving as restructuring advisor to Lilis.
Vinson & Elkins announced that Paul E. Heath, an accomplished partner in the firm’s Restructuring and Reorganization practice group, has relocated from Dallas to Houston.
Unit Corporation emerged from Chapter 11 bankruptcy. As part of the company’s plan of reorganization, Unit converted its existing credit facility agented by BOKF into a $140 million reserve-based lending revolving loan and $40 million term loan.
Opportune is serving as restructuring advisor to Lilis Energy, which filed petitions under Chapter 11 of the United States Bankruptcy Code to initiate voluntary cases in the United States Bankruptcy Court for the Southern District of Texas, Houston Division.
Alvarez & Marsal is serving as restructuring advisor to Chesapeake Energy, which voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas.