DFX Intelligence
Cortec Group Fund VII, L.P. and A1 Garage Door Service Holdings, Inc.
Recapitalization deal· Phoenix, AZ
Industrial services, AZ.
No date on record · this record
- Announced
- Dec 22, 2022
- Firms on the deal team
- 3
- Capital providers
- 4
No date on record · this record
1 additional capital provider
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The buyer on this deal is not served as an independent sponsor (a strategic acquirer, or a lender recorded as the buyer). The deal team is shown, and it is not counted in any firm's independent sponsor deals.
Independent sponsor
No principal is named in the announcement.
Capital, role not stated
- Invesco Private Debt · Capital provider
- Pennantpark Investment Advisers, LLC · Capital provider
- Audax Private Debt · Capital provider
The announcement
An affiliated investment group led by Cortec Group Fund VII, L.P. ("Cortec VII"), in partnership with Founder and CEO Tommy Mello and management, completed the growth recapitalization of A1 Garage Door Service Holdings, Inc. and its affiliates ("A1" or the "Company").
DFX analyst research (General-assisted, every claim URL-cited) cortecgroup.com
Deal teamHow a firm is placed on a dealA firm is on this deal when the announcement, a filing, or the firm's own deal page names it in the role. Medium confidence (a biography naming the deal, or a side read from the sentence) is labelled; anything weaker is not shown.
Sponsor and buyer counsel
- Paul Hastings LLP · Sponsor counsel for Cortec Group Fund VII, L.P.
Other counsel
- Foley & Lardner LLP · Legal counsel (side not stated)Medium confidence
Buy-side and financial advisors
- Cowen, Inc. · Financial advisor (side not stated)Medium confidencecortecgroup.comInferred