Representative clients for fund-level financings include: Brookfield Asset Management, HCI Equity Partners, Francisco Partners, Covenant Capital Group, 50 South Capital, LS Power Equity Advisors, Clearlake Capital Group, SFW Capital Partners, HGGC, Landmark Partners (an Ares company), NexPhase Capital, Warburg Pincus, Sentinel Capital Partners, GTCR, Vista Equity Partners, Avista Capital Partners, Rockbridge Capital, Silversmith Capital Partners, RiverGlade Capital, Inflexion Private Equity Partners, HgCapital, Tourmaline Partners, and InTandem Capital Partners.
Team, Inc. (NYSE: TISI), a global provider of integrated, digitally enabled asset performance assurance and optimization solutions, in:
- a refinancing of its existing ABL facility with Eclipse Business Capital LLC and term loan credit facility with Corre Partners Management, LLC, providing for incremental available credit of up to $84.9 million
- connection with a restructuring of its financing arrangements, including entry into an ABL facility with a $130 million revolver from Eclipse Business Capital LLC and a $35 million second-out delayed draw term loan from Corre Partners Management, LLC
