|
OLD GREENWICH, CONN. December 13, 2007 – FirstLight Financial Corporation (“FirstLight”) announced today that it served as co-lead arranger and documentation agent of a $52 million senior credit facility for The Wicks Group of Companies, L.L.C. (“Wicks”), a private equity firm focused on selected segments of the communications, information and media industries.
The facility was used to acquire The Gordian Group (“Gordian”), a leading data, technology and services provider to public sector real property owners using the process known as Job Order Contracting.
“The team at FirstLight took the time to understand this non-traditional media company,” said Dan Kortick, a Managing Partner at The Wicks Group. “Their deep media and communications industry knowledge really helped them get up to speed quickly, and they were very responsive and easy to work with.”
“The key to structuring these types of deals appropriately requires an in-depth knowledge of the media and communications industry,” said Ron Carapezzi, President & CEO of FirstLight. “This is a great example of how we draw on the expertise of our media and communications finance team to deliver more value to our clients.”
About FirstLight Financial Corporation:
FirstLight Financial Corporation is a commercial finance platform offering customized financings primarily for middle market companies across a broad spectrum of industries. Newly formed by a team of seasoned professionals who share a long-term, client-focused mindset, FirstLight offers a unique, personalized experience characterized by reliability, responsiveness, creativity and integrity.
|
