GTCR in the recapitalization of its portfolio company, TerSera Therapeutics, and the related formation of a single-asset continuation fund.
Envision Healthcare Corp. and 216 of its affiliates in the commencement of pre-arranged Chapter 11 cases. Envision is a leading national medical group that employs or partners with more than 21,000 clinicians and provides care to patients across the U.S., with nearly 30 million patient visits each year. The two restructuring support agreements contemplate a collective deleveraging of approximately $7.4 billion of secured and unsecured debt and the separation of Envision’s physician services and ambulatory surgical center businesses.
Rite Aid Corporation (“Rite Aid”) and 119 of its affiliates in their prearranged Chapter 11 cases in the U.S. Bankruptcy Court for the District of New Jersey. As one of the largest pharmacy chains in the United States, Rite Aid employs over 45,000 people, including 6,100 pharmacists in 2,100 retail pharmacy locations across 17 states. Through Elixir, its pharmacy benefit management business, Rite Aid manages pharmacy benefits for more than one million members through accredited specialty and mail-order pharmacies. Following months of negotiations, Rite Aid entered Chapter 11 with access to approximately $3.45 billion in committed post-petition DIP financing provided by its existing bank lenders and an agreement in principle with a majority of its secured bondholders on the terms of a comprehensive restructuring to delever its $4 billion debt load and right-size its operational footprint.
Blue Sea Capital in its acquisition of ProSource Supply, a provider of plumbing supplies, luxury plumbing fixtures, lighting, and cabinet and door hardware to residential and commercial focused plumbers, builders, contractors, designers, and homeowners.
Pritzker Private Capital and its portfolio company ProAmpac on the acquisition of Belle-Pak Packaging Inc., a manufacturer of flexible packaging products.
GTCR and its portfolio company Dreamscape, Inc. on the strategic investment in Standard Media Index, a leading source of advertising pricing and spend data.
Ridgemont Equity Partners in its significant growth capital investment in Crete Mechanical Group, Inc., a leading provider of HVAC, electrical, plumbing and building automation services to commercial, industrial, multi-family, government, healthcare, education and other end markets.
Ryan Specialty Group, LLC, an indirect subsidiary of Ryan Specialty Holdings, Inc. (NYSE: RYAN), in its US$400 million 144A/Reg S senior notes offering.
GTCR in connection with the financing for its growth investment in Lexipol, a leader in policy, training and wellness support software for first responders and public servants.
Sun Capital Partners, Inc. in connection with the financing for its acquisition of Select Interior Concepts, Inc., a premier distributor of interior building products.
