Throughout the battle to invest in an increase independently security-motivated buyouts, much more company is heading to direct lenders, who are tapping dry powder at the a previously-shorter video and you can sweetening package terminology to draw individuals.
You to famous analogy are Thoma Bravo’s approximately $10.seven billion need-individual deal getting San francisco-founded software providers Anaplan within the February. The technical-centered PE large protected $dos.6 mil in financial trouble resource out of a group of lead lenders-and additionally Owl Material Resource, Apollo Globally Management, Golub Investment, and you can Blackstone Credit-contained in this a few days. Continue lendo “Direct lenders get aggressive, capturing big show regarding buyouts”