Black Box Corporation’s $97.5 Million Senior Secured Asset-Based Credit Facility

Choate represented Pathlight Capital on the deal

Pathlight Capital finalized a $97.5 million senior secured asset-based credit facility with Encina Business Credit, LLC to Black Box Corporation and certain of its U.S., UK and Dutch affiliates.

Black Box is a leading digital solutions provider that helps its customers design, build, manage and secure their IT infrastructure. Immediately prior to the funding, global solutions integrator AGC Networks Ltd. successfully completed a tender of a majority of the outstanding stock of Black Box, and subsequently acquired 100% of its stock.

Choate represented Pathlight Capital with a team including Kevin J. Simard (Picture), Jennifer Conway Fenn and Melissa W. Gaied

Involved fees earner: Jennifer Conway Fenn – Choate; Melissa Gaied – Choate; Kevin Simard – Choate;

Law Firms: Choate;

Clients: Pathlight Capital;

Author: Ambrogio Visconti