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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
SouthStar Capital Funds $14MM DIP Facility to Support Staffing and Logistics Company’s Reorganization
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Lenders/Participants
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SouthStar Capital [Debtor-in-Possession Lender]
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Structure
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Debtor-in-Possession Facility
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Amount
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$14.000
Million
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Borrower(s)
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Undisclosed - Staffing & Logistics Company
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Description
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The transaction included the buyout of the company’s existing DIP lender, which had reached its maximum exposure. The company required immediate access to working capital to sustain payroll, maintain operations, and navigate its reorganization process. The flexibility and liquidity needed to support the company’s upcoming peak season and long-term recovery. The financing ensures stability through bankruptcy proceedings and positions the company for renewed growth post-reorganization.
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Industry
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Logistics
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| Related Tags |
Bankruptcy, Chapter 11, Debtor-in-Possession, Logistics, SouthStar Capital
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ABL Advisor
Deal Tables
2025
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