Oak Hill Advisors Leads Financing for FloWorks With New Unitranche Facility
Oak Hill Advisors Leads Financing for FloWorks With New Unitranche Facility
The financing will refinance FloWorks' existing debt and support future acquisitions.Oak Hill Advisors arranges financing for FloWorks, supporting debt refinancing and future acquisitions in the flow control industry.
橡树山顾问为FloWorks安排融资，以支持其债务再融资和未来在流量控制行业的收购。
Quiver AI Summary
Quiver AI 概要
Oak Hill Advisors (OHA) acted as the Administrative Agent and Lead Left Arranger for a private unitranche financing facility for FloWorks, a specialty distributor of critical flow control products and a portfolio company of Wynnchurch Capital. OHA is the predominant holder of this financing, which aims to refinance FloWorks' existing debt and fund future acquisitions. OHA's familiarity with the flow control distribution sector, gained through investments in similar companies, enabled them to swiftly assess and lead the refinancing process. Eric Muller, a Partner at OHA, highlighted FloWorks' successful business model and growth potential. BMO Capital Markets also participated in this financing as OHA's joint venture partner.
橡树山顾问（OHA）作为行政代理和主要左侧安排者，为FloWorks提供了一项私人独特融资设施，FloWorks是一家关键流量控制产品的专业分销商，也是Wynnchurch Capital的投资组合公司。OHA是此融资的主要持有者，旨在再融资FloWorks现有的债务并资助未来的收购。OHA对流量控制分销行业的了解，通过对类似公司的投资而获得，帮助他们迅速评估并主导再融资过程。OHA合伙人Eric Muller强调了FloWorks成功的商业模式和增长潜力。BMO资本市场也作为OHA的合资伙伴参与了本次融资。
Potential Positives
潜在的积极因素
- OHA served as Administrative Agent and Lead Left Arranger for a significant private unitranche financing facility, showcasing its leadership and expertise in structuring complex financial solutions.
- As the largest holder in the new financing facility, OHA strengthens its position and influence within the financial backing of FloWorks, increasing its investment footprint.
- The financing will support FloWorks in refinancing existing debt and potentially facilitate future acquisitions, indicating a positive growth trajectory for both FloWorks and OHA in the industry.
- OHA's familiarity with the specialty distribution industry through previous investments highlights its capability to make informed decisions and contribute to the growth of its portfolio companies.
- OHA作为行政代理和主要左侧安排者，为一项重要的私人独特融资设施提供服务，展示了其在结构复杂金融解决方案方面的领导力和专业知识。
- 作为新融资设施的最大持有者，OHA增强了其在FloWorks金融支持中的地位和影响力，扩大了其投资足迹。
- 该融资将支持FloWorks再融资现有债务，并可能促进未来的收购，表明FloWorks和OHA在行业中的积极增长轨迹。
- OHA通过以往投资对专业分销行业的熟悉程度凸显了其做出明智决策和推动投资组合公司增长的能力。
Potential Negatives
潜在负面因素
- The press release highlights that OHA is refinancing FloWorks' existing debt, which may indicate underlying financial instability or challenges faced by FloWorks prior to this financing.
- The reliance on a private unitranche facility for refinancing could suggest limited access to traditional financing options, raising concerns about FloWorks' financial health and creditworthiness.
- 新闻稿强调OHA正在再融资FloWorks现有的债务，这可能表明FloWorks在这次融资之前面临潜在的财务不稳定或挑战。
- 依赖于私有单一融资设施进行再融资可能表明传统融资选择的访问有限，这引发了对FloWorks财务健康和信用worthiness的担忧。
FAQ
常见问题
What is the role of Oak Hill Advisors in the FloWorks financing?
Oak Hill Advisors在FloWorks融资中的角色是什么？
Oak Hill Advisors served as Administrative Agent and Lead Left Arranger for the private unitranche facility supporting FloWorks.
Oak Hill Advisors担任私有单一融资设施的行政代理和主承销商，以支持FloWorks。
What will the financing be used for?
这笔融资将用于什么？
The financing will refinance FloWorks' existing debt and support future acquisitions.
这笔融资将再融资FloWorks的现有债务并支持未来的收购。
Who are the partners in this financing deal?
此次融资交易的合作伙伴是谁？
OHA partnered with BMO Capital Markets in this financing through their private credit joint venture.
OHA与BMO资本市场通过其私募信贷合资企业在这笔融资中合作。
What industry does FloWorks operate in?
FloWorks在哪个行业运营？
FloWorks is a specialty distributor of critical flow control products for MRO-focused applications across various industrial markets.
FloWorks是一家专注于关键流量控制产品的特殊分销商，主要服务于各类工业市场的MRO应用。
What is the investment strategy of Wynnchurch Capital?
Wynnchurch Capital的投资策略是什么？
Wynnchurch Capital specializes in partnering with middle-market companies for substantial growth and profit improvement through various strategies.
Wynnchurch Capital专注于与中型市场公司合作，通过各种策略实现可观的增长和利润改善。
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
免责声明：这是由GlobeNewswire分发的新闻稿的人工智能生成摘要。用于总结这份稿件的模型可能会出错。请在这里查看完整发布。
$TROW Insider Trading Activity
$TROW内幕交易活动
$TROW insiders have traded $TROW stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
$TROW内部人士在过去6个月的公开市场上交易了$TROW股票3次。在这些交易中，0次是购买，3次是出售。
Here's a breakdown of recent trading of $TROW stock by insiders over the last 6 months:
以下是$TROW股票在过去6个月内由内部人士进行的最新交易情况：
- JESSICA M HIEBLER (Principal Accounting Officer) has traded it 2 times. They made 0 purchases and 2 sales, selling 1,885 shares.
- ANDREW JUSTIN MACKENZIE THOMSON (Vice President) sold 11,969 shares.
- 杰西卡·m·希布勒（首席会计官）进行了2次交易。他们没有进行购买，进行了2次出售，出售了1,885股。
- ANDREW JUSTIN MACKENZIE THOMSON（副总裁）卖出了11,969股。
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
要跟踪内部交易，请查看Quiver Quantitative的内部交易特斯拉-仪表。
$TROW Hedge Fund Activity
$TROW对冲基金活动
We have seen 480 institutional investors add shares of $TROW stock to their portfolio, and 534 decrease their positions in their most recent quarter.
我们看到480家机构投资者在最近一个季度向其投资组合中添加了$TROW股票，534家减少了他们的持仓。
Here are some of the largest recent moves:
以下是最近的一些重大变动：
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added 1,054,461 shares (+7992.0%) to their portfolio in Q3 2024
- NORGES BANK added 669,122 shares (+89.1%) to their portfolio in Q2 2024
- JPMORGAN CHASE & CO added 585,768 shares (+96.0%) to their portfolio in Q3 2024
- STATE STREET CORP removed 482,143 shares (-3.3%) from their portfolio in Q3 2024
- BLACKROCK, INC. added 458,123 shares (+2.3%) to their portfolio in Q3 2024
- QUBE RESEARCH & TECHNOLOGIES LTD added 447,532 shares (+inf%) to their portfolio in Q3 2024
- INVESCO LTD. added 401,080 shares (+20.5%) to their portfolio in Q3 2024
- 国际资产投资管理公司在2024年第三季度增加了1,054,461股（+7992.0%）到他们的投资组合中。
- 挪威银行在2024年第二季度增加了669,122股（+89.1%）到他们的投资组合中。
- 摩根大通增加了585,768股（+96.0%）到他们在2024年第三季度的投资组合中
- 州街CORP在2024年第三季度从他们的投资组合中移除了482,143股（-3.3%）
- 贝莱德公司在2024年第三季度增加了458,123股（+2.3%）到他们的投资组合中。
- QUBE研究与技术有限公司在2024年第三季度增加了447,532股（+inf%）到他们的投资组合中。
- 在2024年第三季度，INVESCO LTD. 增加了401,080股 (+20.5%) 到他们的投资组合中
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
要跟踪对冲基金的股票投资组合，请查看Quiver Quantitative的机构持有情况仪表。
Full Release
完整发布
New York, New York, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors ("OHA") served as Administrative Agent and Lead Left Arranger for the private unitranche facility supporting FloWorks, a portfolio company of Wynnchurch Capital, L.P. ("Wynnchurch"). FloWorks is a leading specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications. OHA is the largest holder across the new financing facility, which will be used to refinance the company's existing debt and support future acquisitions.
纽约，纽约，2024年12月02日（环球新闻通讯社）——橡树山顾问（"OHA"）担任私人单一贷款设施的管理代理和主左方安排人，以支持FloWorks，这是一家Wynnchurch Capital, L.P.（"Wynnchurch"）的投资组合公司。FloWorks是一家领先的关键流量控制产品专业分销商，并为MRO（维护、维修和大修）相关应用提供量身定制的技术解决方案。OHA是新融资设施的最大持有者，此笔资金将用于再融资公司的现有债务并支持未来的收购。
OHA's existing knowledge of the flow control distributor industry through its investments across other companies in the ecosystem positioned it to quickly provide constructive feedback and play a leadership role in this refinancing solution.
OHA通过对生态系统中其他公司的投资，对流量控制分销行业的现有知识使其能够迅速提供建设性反馈，并在此再融资解决方案中发挥领导作用。
"Our familiarity with the specialty distribution industry through our investments in similar companies allowed us to quickly gain conviction in FloWorks and its business model," said Eric Muller, Partner and Portfolio Manager at OHA. "The track record the company has built through its customized platform has proven its ability to gain significant market share while continuing to scale, and we look forward to contributing to FloWorks' next stages of growth."
OHA的合伙人兼投资组合经理Eric Muller表示："我们通过对类似公司的投资对专业分销行业的熟悉使我们能迅速对FloWorks及其商业模式产生信心。"他指出，"公司通过其定制平台建立的业绩记录证明了其在持续扩张的同时获得显著市场份额的能力，我们期待为FloWorks的下一个增长阶段贡献力量。"
BMO Capital Markets also participated in this financing as OHA's private credit joint venture partner.
BMO资本市场也参与了此次融资，作为OHA的私人信贷合资伙伴。
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About OHA:
Oak Hill Advisors (OHA) is a leading global credit-focused alternative asset manager with over 30 years of investment experience. OHA works with institutions and individuals and seeks to deliver a consistent track record of attractive risk-adjusted returns. The firm manages approximately $71 billion of capital across credit strategies, including private credit, high yield bonds, leveraged loans, stressed and distressed debt and collateralized loan obligations as of September 30, 2024. OHA's emphasis on long-term partnerships with companies, sponsors and other partners provides access to a proprietary opportunity set, allowing for customized credit solutions across market cycles.
关于OHA：
橡树山顾问（OHA）是一家领先的全球信用专注的替代资产管理公司，拥有超过30年的投资经验。OHA与机构和个人合作，致力于提供稳定的、具有吸引力的风险调整回报的业绩记录。截止到2024年9月30日，该公司管理着约710亿资本，涵盖信用策略，包括私人信贷、高收益债券、杠杆贷款、困境和危机债务以及担保贷款义务。OHA重视与公司、赞助商和其他合作伙伴的长期合作关系，提供获得专有机会集的渠道，允许在市场周期中提供定制的信用解决方案。
With over 400 experienced professionals across six global offices, OHA brings a collaborative approach to offering investors a single platform to meet their diverse credit needs. OHA is the private markets platform of T. Rowe Price Group, Inc. (NASDAQ – GS: TROW). For more information, please visit
oakhilladvisors.com
.
OHA在六个全球办事处拥有超过400名经验丰富的专业人士，采用协作的方式为投资者提供一个平台，以满足他们多样化的信贷需求。OHA是智信集团（纳斯达克 - GS：TROW）的私募市场平台。有关更多信息，请访问
oakhilladvisors.com
.
About FloWorks:
Headquartered in Houston, Texas, FloWorks is a leading specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications. The Company serves customers across chemicals, downstream refining & renewables, high purity & sanitary, and other industrial end markets. FloWorks' product categories include valves & automation, corrosion resistant flow control, rotating equipment, flanges, filters & purifiers, and instrumentation. For more information, please visit
gofloworks.com
.
关于FloWorks：
FloWorks总部位于德克萨斯州休斯顿，是关键流量控制产品的领先专业分销商，并为MRO相关应用提供定制技术解决方案。该公司服务于化学品、下游炼油与可再生能源、高纯度与卫生以及其他工业终端市场的客户。FloWorks的产品类别包括阀门与自动化、耐腐蚀流量控制、旋转设备、法兰、过滤器与净化器，以及仪器。有关更多信息，请访问
gofloworks.com
.
About Wynnchurch:
Wynnchurch, headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch's strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. For more information, please visit:
wynnchurch.com
.
关于Wynnchurch:
Wynnchurch，总部位于伊利诺伊州罗斯蒙特的芝加哥郊区，并在加拿大设有分支，成立于1999年，是一家领先的中型市场股权投资公司。Wynnchurch的策略是与美国和加拿大的中型市场公司合作，这些公司具有显著增长和利润改善的潜力。Wynnchurch管理着多个私人股本基金，管理的监管资产达92亿美元，专注于再融资、增长资金、管理收购、公司分拆和重组。欲了解更多信息，请访问：
wynnchurch.com
.
