- An Independent Sponsor sought financing for LBO of an asset heavy industrial services company with high capex requirements.
- CAPX structure maximized debt amount while lowering the cost by creating a combination of bank provided ABL supported by assets, which was supplemented by a bifurcated TL from direct lenders.
- IS was able to secure 5 term sheets in 5 business days on CAPX, enabling them to compete for deal exclusivity.