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Equipment Rental & Dealers, Industrials | Debt & Equity Financings

Cisco Equipment has been Recapitalized by Stellex Capital Management and CIT Northbridge Credit

  • TM Capital served as exclusive financial advisor to Cisco Investment Holdings LLC (“Cisco”), in its recapitalization by Stellex Capital Management (“Stellex”) and CIT Northbridge Credit (“CIT Northbridge”)
  • Co-headquartered in Odessa & Dallas, Texas and operating seven strategically positioned branches in the Texas Triangle (Dallas-Fort Worth, Austin & San Antonio) and West Texas / New Mexico, Cisco is a leading one-stop provider of equipment rentals, new and used equipment sales, parts and service, offering a comprehensive portfolio of mid-sized construction and industrial equipment from industry-leading OEMs
  • The Company serves a diverse roster of customers across a range of end markets including infrastructure & utility, public & private construction and midstream oil & gas – all of which are benefitting from national-and state-level infrastructure initiatives
  • Stellex Capital Management is a New York-based private equity firm that invests in middle-market companies in North America and Europe across a variety of sectors including business & industrial services. Stellex’s partnership with Management is predicated upon the intent to grow the platform via additional investment in fleet, facilities and personnel
  • CIT Northbridge, a joint venture of First Citizens Bank, serves as an alternative lender to traditional banks by providing a broad range of flexible asset-based financing solutions
  • TM Capital is the market leader in the equipment rental and dealer sectors, having completed 15 transactions since January 2021 with an aggregate value of $2.6 billion while publishing authoritative industry research

HAS BEEN RECAPITALIZED BY

Cisco Equipment has been Recapitalized by Stellex Capital Management and CIT Northbridge Credit

TM Capital served as exclusive financial advisor to Cisco Equipment in its recapitalization by Stellex Capital Management and CIT Northbridge Credit

Details

For more information, contact our industrials team at:

industrials@tmcapital.com

Client Testimonial

“TM Capital was an integral partner throughout the process in developing the story, working with financing parties and positioning Cisco for rapid growth with access to substantial new growth capital. TM Capital’s expertise in the equipment rental and dealer sectors, industry relationships and process dedication helped us achieve a fantastic outcome for the Company. We look forward to continuing to work with TM as a brainstorming partner in our next phase of growth.”
– Randy Agee, CEO, Cisco Equipment