FirstLight Financial Corporation Serves as Lead Arranger of $36MM in Senior Cred
The credit facility consists of a $3 million revolver and $33million term loan. It will be used to purchase Cimarron Energy Inc.("Cimarron"), a premier designer, manufacturer and marketer of gasprocessing equipment for natural gas producers.
"Linx looked for a lender who understood the dynamics of a familycompany, the energy industry and the unique financing requirements ofCimarron," said Peter Hicks, Managing Director and Founder of Linx."The FirstLight team exceeded our expectations and did everything theysaid they would do."
"Our in-depth knowledge of the energy sector enabled us tocustomize a financing solution that met Linx's financial andoperational objectives," said Ron Carapezzi, President & CEO ofFirstLight. "This is a great example of drawing on the expertise ofour energy finance team to deliver more value to our clients."
About FirstLight Financial Corporation:
FirstLight Financial Corporation is a commercial finance platformoffering customized financings primarily for middle market companiesacross a broad spectrum of industries. Newly formed by a team ofseasoned professionals who share a long-term, client-focused mindset,FirstLight offers a unique, personalized experience characterized byreliability, responsiveness, creativity and integrity. For moreinformation, visit .
About Linx Partners, LLC:
Linx Partners, based in Atlanta and New York, is a private equityfirm that partners with management teams to acquire and growmiddle-market industrial companies. Utilizing the strategic,operational, and financial skills of its experienced professionals,Linx Partners is committed to working with management teams to expandand increase the value of their companies. For more information, visit.
About Cimarron Energy Inc.:
Cimarron Energy Inc., headquartered in Guymon, Oklahoma, is apremier designer, manufacturer and marketer of gas processingequipment for natural gas producers. Cimarron is often the sole orleading provider of mission critical gas production equipment to itscustomers in the Rocky Mountain Region.
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