Our Deals

CAPX supports borrowers seeking debt capital of $5MM and up. To date, our smallest transaction has been $15MM, and our largest, $325MM.

We secure capital for borrowers across nearly every industry, and can facilitate more than 10 different debt products, from ABLs to Mezz debt, and everything in between.

$45MM Pharma Company Restructuring

Borrowers

Sponsor-Owned Company

Sector

Pharmaceuticals

$45MM Pharma Company Restructuring

Borrowers
Sponsor-Owned Company
Sector
Pharmaceuticals
Key Takeaways
CAPX’s first transaction…the deus ex machina of COVID nipped this in the bud!
Location
GA

A PE-owned corporate wanted to refinance existing debt in order to build a new facility

CAPX helped structure the deal as a pro-rata transaction, with a cash flow line of credit and first lien term loan with delayed draw features

This transaction was launched a week prior to COVID’s national shutdown. As a result, execution was severely impaired within the initial week after launch

$45MM Aviation Company ABL

Borrowers

Sponsor-Owned Company

Sector

Pharmaceuticals

$45MM Aviation Company ABL

Borrowers
Sponsor-Owned Company
Sector
Pharmaceuticals
Key Takeaways
After a full year in market and no deal to speak of, an aviation company enlisted CAPX’s help. 3 weeks and 3 term sheets later, the company secured a $45MM refinancing
Location
NV

An aviation company sought refinancing of its existing subordinated debt, while providing liquidity for growth

CAPX approached 18 lenders and secured 3 term sheets within 3 weeks (this was just as the economy was reopening from COVID, and deals were taking longer to finalize)

From the CFO: “We love the platform: It saved us countless hours of meetings by having lenders all over the country compete for our business”

$325MM DIVIDEND RECAP

Borrowers

PE Firm

Sector

Technology

$325MM DIVIDEND RECAP

Borrowers
PE Firm
Sector
Technology
Key Takeaways
A PE firm leveraged the CAPX platform to save $25MM in fees on a $325MM dividend recap
Location
USA

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.

$15MM Printing/Packaging Company Refinancing

Borrowers

Private Company

Sector

Printing / Packaging

$15MM Printing/Packaging Company Refinancing

Borrowers
Private Company
Sector
Printing / Packaging
Key Takeaways
Thanks to CAPX, a packaging company was able to secure multiple term sheets and negotiate from a position of strength, obtaining an ABL in excess of the appraised value of assets
Location
TN / CA

A packaging company needed working capital financing and a capex line of credit for corporate purposes and to repay shareholder loans

CAPX’s algorithms matched the borrower with a dozen bank and non-bank lenders, and helped secure multiple term sheets, enabling the borrower to negotiate from a position of strength

After evaluating all options, the borrower opted for a bank ABL that was in excess of the appraised value of assets—a structure that likely would not have been available had the borrower not obtained multiple term sheets prior to negotiation

$40MM Oil & Gas Company Refinancing

Borrowers

Private Company

Sector

Oil & Gas Distributor

$40MM Oil & Gas Company Refinancing

Borrowers
Private Company
Sector
Oil & Gas Distributor
Key Takeaways
A specialty retailer leveraged CAPX to refinance its direct loan
Location
TX

An oil and gas distributor needed to refinance its existing working capital line to obtain additional liquidity, and reduce covenant restrictions

CAPX structured the transaction as an ABL facility, and launched it to multiple banks on the platform

Given market volatility, CAPX approached a broader group of lenders than would otherwise have been the case

$50MM Specialty Retail Refinancing

Borrowers

Independent

Sector

Specialty Retail

$50MM Specialty Retail Refinancing

Borrowers
Independent
Sector
Specialty Retail
Key Takeaways
A specialty retailer leveraged CAPX to refinance its direct loan
Location
USA

A specialty retailer needed to refinance its direct loan (8.5%) with a less expensive form of debt

CAPX connected the borrower with several banks, and quickly obtained a SOFR + 3.5% ABL

Thanks to CAPX’s unique ability to bring deals to market quickly and efficiently, the borrower obtained a lower cost of capital while saving hours of lender outreach time

$50MM Specialty Retail Refinancing

Borrowers

Private Company

Sector

Specialty Retail

$50MM Specialty Retail Refinancing

Borrowers
Private Company
Sector
Specialty Retail
Key Takeaways
A specialty retailer leveraged CAPX to refinance its direct loan
Location
USA

A specialty retailer needed to refinance its direct loan (8.5%) with a less expensive form of debt

CAPX connected the borrower with several banks, and quickly obtained a SOFR + 3.5% ABL

Thanks to CAPX’s unique ability to bring deals to market quickly and efficiently, the borrower obtained a lower cost of capital while saving hours of lender outreach time

$111MM Industrial Company LBO

Borrowers

PE Firm

Sector

Industrial Good Manufacturin

$111MM Industrial Company LBO

Borrowers
PE Firm
Sector
Industrial Good Manufacturin
Key Takeaways
CAPX helped negotiate terms that enabled long-term flexibility
Location
CA / PA

A PE firm sought LBO financing, with an eye towards scaling the portfolio company through future acquisitions

CAPX clubbed the deal with a pair of lenders, despite the capacity of each lender to underwrite the entire deal. This provides the borrower a working relationship with multiple lenders who can fund future acquisitions

CAPX helped the PE firm secure multiple term sheets, which enabled the firm to negotiate flexible terms it would not have otherwise received

$60MM Aviation Company Refinancing

Borrowers

Sponsor-Owned Company

Sector

Aviation

$60MM Aviation Company Refinancing

Borrowers
Sponsor-Owned Company
Sector
Aviation
Key Takeaways
CAPX helped an aviation company refinancing its existing non-bank debt with an ABL + cash flow TL
Location
AZ

An aviation company sought to refinance its existing non-bank debt, in order to reduce interest cost and obtain additional liquidity against assets in foreign locations

CAPX obtained multiple term sheets under two different structures to monetize the foreign assets, while reducing the overall cost of debt

CAPX ultimate secured an ABL + cash flow TL, to lower the overall cost of capital