The Industry and Company

A leading provider of equipment and infrastructure services (the “Company”) to power generating facilities provides maintenance, repair, and other equipment services to clients. The industry is highly contractual in nature and oriented towards recurring services. 

The Situation

After a previous transaction with Atalaya, the Company sought add-on financing for diversified equipment at one of its facilities. The diversified equipment is integral to the Company’s operations.

The Result

Atalaya provided ~$16M in add-on leasing financing to the Company, enabling it to continue to service clients and maximize customer retention. Atalaya provided ~$25M in total financing to the Company and sees the potential for further transactions with the private-equity sponsor in the future.