Sunflower Bank Provides Senior Debt Financing to SSP Innovations, LLC
June 24, 2020
Source: Sunflower Bank
Sunflower Bank, N.A. is pleased to announce it provided revolving and term debt commitments in connection with a refinancing of SSP Innovations, LLC (“the Company”) by Warren Equity Partners, LLC (“WEP”). The transaction closed in March 2020.
“We’re pleased to be working with SSP Innovations and Warren Equity Partners to meet the Company’s debt financing needs,” said David Harper, managing director of Leveraged Finance at Sunflower Bank. “This commitment is an example of how Sunflower Bank provides strategic partnerships and closes transactions. We are excited about the growth opportunities available to SSP Innovations.”
Harper is responsible for identifying prospective leveraged finance and other corporate banking opportunities for Sunflower Bank. His career has included leadership roles in investment banking, private equity, operating companies, and commercial banking. He has been involved in more than 75 corporate finance transactions including M&A, private placements, public offerings, restructurings and cross-border opportunities. Sunflower Bank’s Structured Finance Group launched in June 2018 bringing together a team of experienced industry leaders to provide corporate finance services to clients and prospects with borrowing needs typically in the range of $5 million to $20 million or more. Sunflower Bank also has the ability to lead larger syndicated deals.
SSP Innovations, with offices in Colorado, Wisconsin and California, is an IT services and software development company focused on delivering GIS, workforce management, joint use, and data maintenance solutions to electric, gas, and water utilities as well as oil and gas pipeline operators and telecommunications organizations. With over 800 years of collective experience, its team of domain experts listens to the business challenges at hand to understand a project’s complexities, and then develops the particular solution that allows each organization to run a safe and secured operation 24 hours a day, seven days a week.
Warren Equity Partners is a Jacksonville, Florida based private equity firm investing in lower middle market companies primarily in North America. WEP invests in established companies where additional capital and operating resources can accelerate growth, targeting the industrial and business services sectors with a focus on aging infrastructure trends. WEP invests in the form of buyouts and recapitalizations. Its approach is to establish strong partnerships with management teams and transform lower middle market companies into market leaders through organic growth and add-on acquisitions. Sectors of interest include: industrial products, industrial services, value-added distribution and business services.
About Sunflower Bank
Operating as Sunflower Bank, First National 1870 and Guardian Mortgage, Sunflower Bank, N.A. provides financial solutions to the individual communities it serves. With approximately $4 billion in assets as of March 31, 2020, headquarters in Denver, bank locations in six states, and mortgage capabilities in more than 40 states, Sunflower Bank, N.A. provides a full range of relationship-focused services to meet personal, business and wealth management financial objectives. Member FDIC. Equal Housing Lender. First National 1870 and Guardian Mortgage are divisions of Sunflower Bank, N.A.
To learn more visit SunflowerBank.com, FirstNational1870.com or GuardianMortgageOnline.com.
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