$25 million
Trucking company
Deals & Transactions
- $25 millionRefinance/Working capital
Trucking company
Headquartered in Milwaukee, WI, Tankstar USA, Inc. is a truckload carrier specializing in tank truck transportation of dry bulk and liquid bulk commodities. The customer base is diverse and includes major shippers in the chemical, cement, food, and oil & gas industries. The company’s operations include 29 active terminal locations, primarily located in the Eastern and Southeastern regions of the United States.
Tankstar USA was looking for financing alternatives to support its improving financial and operational profile following an industry-wide downturn in recent years. Bank of America Business Capital provided a $25 million revolving credit facility to provide for ongoing working capital and general corporate purposes. Bank of America Merrill Lynch also is providing letters of credit and treasury management products and services.
- $45 millionBuilding industry product installer and supplier$45 millionRefinance/Other
Building industry product installer and supplier
Headquartered in Columbus, Ohio, Installed Building Products, LLC is one of the largest insulation contractors in the country with operations in 69 locations. The company sells and installs a wide range of products for new home construction and home improvement projects, including insulation, shower doors and enclosures, shelving, garage doors and much more.
Installed Building Products, LLC was looking to refinance existing debt. Bank of America Business Capital provided a $45 million revolving credit facility to finance ongoing general corporate needs. Bank of America Merrill Lynch also is providing letters of credit and treasury management products and services.
- $35 millionElectronic manufacturing services provider$35 millionRefinance
Electronic manufacturing services provider
Headquartered in Norwalk, Ohio, EPIC Technologies, LLC is a specialty manufacturer of complex printed circuit board assemblies for the high mix, low- to medium-volume segment of the Electronic Manufacturing Services industry. Circuit boards are used in products including medical instrumentation, industrial controls, automotive, and consumer applications. EPIC manufacturers and assembles electronic components based upon customer specifications and designs.
EPIC Technologies, LLC was looking to refinance existing debt. Bank of America Business Capital provided a $35 million revolving credit facility to provide working capital and finance ongoing general corporate needs. Bank of America Merrill Lynch also is providing treasury management products and services.
| Company | Deal Size | Business Description | Deal Description |
| NextEra Energy | $176,700,000 $176,700,000 Subsidiary Tax Equity Partnership Investment  Wind Energy Assets | Wind Energy Assets | Subsidiary Tax Equity Partnership Investment |
| Holsten Real Estate Development Corporation | Senior Housing, LP | $21,000,000 $21,000,000 Construction financing  Chicago, Illinois | Chicago, Illinois | Construction financing |
| KEMET Corporation | $50,000,000 $50,000,000 Back-up Liquidity  Electronic capacitors manufacturerHeadquartered in Simpsonville, South Carolina, KEMET Corporation is a leading manufacturer of capacitors, an electronic component consisting of conducting materials separated by a dielectric, or insulating material, which allows a capacitor to act as a filtering or an energy storage/delivery device. The company has a total of 21 manufacturing plants located in the southeastern United States, Mexico, Europe and Asia. KEMET’s products are sold into a broad range of industries including the computer, communications, and automotive, military, consumer, industrial and aerospace. From 2006 to 2008, KEMET was impacted by challenging industry conditions which led to reduced volume and downward pricing pressure. After successful restructuring efforts coupled with an overall industry rebound, KEMET was looking for a traditional line of credit as a true backup liquidity facility. Bank of America Business Capital provided a $50 million revolving credit facility to support ongoing working capital needs. Bank of America Merrill Lynch also is providing letters of credit and treasury management products and services. | Electronic capacitors manufacturer | Back-up Liquidity |
| Fields Automotive Group | $12,000,000 $12,000,000 Franchise acquisition financing  Florida, Ilinois, Wisconsin, Canada | Florida, Ilinois, Wisconsin, Canada | Franchise acquisition financing |
| Hoover Toyota | $9,500,000 $9,500,000 Floor plan financing  Hoover, Alabama | Hoover, Alabama | Floor plan financing |
| Headquarter Honda | $15,000,000 $15,000,000 Construction financing and floor plan financing  Clermont, Florida | Clermont, Florida | Construction financing and floor plan financing |
| H&H Charters | $4,500,000 $4,500,000 Floor plan financing  Portland, Oregon | Portland, Oregon | Floor plan financing |
| Greenway Automotive Group | $8,000,000 $8,000,000 Mortgage loan financing  Orlando, Florida | Orlando, Florida | Mortgage loan financing |
| Greenway Automotive Group | $2,100,000 $2,100,000 Franchise acquisition financing Orlando, Florida | Orlando, Florida | Franchise acquisition financing |
| Frank Fletcher Kia | $3,300,000 $3,300,000 Floor plan financing  Bentonville, Arkansas | Bentonville, Arkansas | Floor plan financing |