After acquiring three companies in the specialty chemicals sector over a period of 18 months, a PE firm sought a dividend recap of $325MM (>5x its original equity contribution).

Its bank and direct lender relationships produced offers that would have required a lengthy ratings process and resulted in a high cost of capital.

With CAPX’s help, the PE firm was able to syndicate the deal between 9 banks, saving over $25MM in interest and fees.