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Terranova Capital Acts As Sole Placement Agent To Atsg And Adviser To Runtide Capital For $57Mm Funding

Feb 16, 2022•over 3 years ago

Amount Raised

$57 Million

Description

TerraNova Capital Structured Finance, the credit advisory and specialty finance group of TerraNova Capital Equities, Inc., announces the closing of a $57 Million Term Loan for ATSG, Inc., a RunTide Capital Portfolio Company. TerraNova Structured Finance acted as sole placement agent for this facility. In addition to the refinancing of ATSG's existing debt facility, the funds were used in the acquisition of a leading technology platform and managed services provider by ATSG

Company Information

Company

Terra Nova Structured Finance

About

TerraNova Structured Finance is the structured finance advisory group of TerraNova Capital, a 20-year-old financial advisory firm focused on the small-to-middle market. TerraNova Capital is comprised of two divisions; TerraNova Capital Equities, Inc. (Member FINRA/SIPC), the investment bank, provides financial and capital solutions to its clients, while TerraNova Capital Partners, Inc. focuses on merger and acquisition (M&A) advice and merchant banking.www.terracap.com

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech