NorthStar a portfolio company of J.F. Lehman and Company
|Deal Type||Debt Capital Markets|
Senior Secured Credit Facilities
|Client & Transactional Partners||
J.F. Lehman and Company
Sole Lead Arranger
NorthStar Group Services ("NorthStar" or the "Company") is the leading provider of highly technical environmental and facility management solutions that enable its industrial, commercial, energy utility, and government customers to protect and maximize the value of their properties throughout their facility life cycle. The Company is the 1 provider of remediation and deconstruction services in the United States with the ability to service all 50 states from its 30 operating locations.
On June 16th , KeyBanc Capital Markets (“KBCM”) successfully closed the syndication of Incremental Senior Secured Credit Facilities for NorthStar. The Incremental Term Loan Facilities of $24.0 million will be used to support NorthStar’s acquisition of Heneghan Wrecking & Excavation Co. (“Heneghan”). KBCM was chosen to serve as Sole Lead Arranger, Sole Bookrunner & Administrative Agent on this transaction due to our Industrial & Business Services Investment Banking Team’s industry knowledge and Leveraged Finance’s historical financing support of the Company.