Antares Capital served as administrative agent and lead arranger on a $170 million senior secured credit facility to support Wellspring Capital Management’s acquisition of SupplyOne.
CIT Healthcare Finance served as joint lead arranger, joint bookrunner and administrative agent for a $118 million credit facility to support Wellspring Capital Management’s acquisition of AdvoServ.
GE Antares is serving as administrative agent on a $93 million facility to support the acquisition of Qualitorby Wellspring Capital. GE Capital Markets served as lead arranger and bookrunner on the credit facility.
CIT Group announced that it served as joint lead arranger in a $92 million senior secured credit facility to support Wellspring Capital Management’s strategic investment in Great Lakes Caring.
A global team including Alvarez & Marsal; Paul, Weiss, Rifkind, Wharton & Garrison; and KPMG advised Wellspring Capital on its acquisition of Swift Worldwide Resources.
Wellspring Capital portfolio company, API Heat Transfer completed a recapitalization, including a new $300 million first lien credit facility, which was arranged by UBS Securities, RBC Capital Markets and GE Capital Markets as joint lead arrangers and joint bookrunners.