Golub Capital was the Administrative Agent, Sole Lead Arranger and Sole Bookrunner on a senior credit facility to support the refinancing of Integrated Supply Network (ISN), a distributor of tools and testing equipment and an Audax Group portfolio company. The Golub facility was also used to finance ISN’s add-on acquisition of Consolidated Lift. The ISN […]
Archives for March 10, 2015
CD&R Names Jillian Griffiths as New COO
Clayton, Dubilier & Rice (CD&R) has appointed Jillian Griffiths to the position of Chief Operating Officer. Ms. Griffiths will be responsible for CD&R’s finance, information technology, human resources, legal and office services operations. “Jillian is a very talented financial executive whom we have come to know and respect over the past decade in connection with […]
Ironwood Capital Promotes Three
Ironwood Capital has promoted three of its employees to senior positions. Alex Levental has been promoted to Managing Director; Zachary Luce has been promoted to Chief Financial Officer; and Paul Witinski has been promoted to Director. Ironwood Capital President Marc Reich considers these three to be an important part of the firm’s future. “We are […]
Seacoast Exits UX Specialized Logistics
Seacoast Capital has sold UX Specialized Logistics, a provider of last mile logistics services for retail chains and e-commerce companies, to XPO Logistics (NYSE: XPO). The purchase price was $59 million, excluding any working capital adjustments, with no assumption of debt or cash. UX had revenue of $113 million and an adjusted EBITDA of $8.2 […]
Tonka Bay Acquires Seaway Plastics
Tonka Bay Equity Partners has acquired Seaway Plastics Engineering, a plastic injection molding company specializing in prototype and low volume production. Co-investing in the transaction with Tonka Bay were Seaway’s owners Tim Smock, CEO, and Paul Bernard, President. “We are pleased to have the opportunity to invest in Seaway and to work with Tim and […]
