CIT Debt Extends to Mega-Buyouts – Full List of Sponsor Facilities

As requested, we have posted the full list of 133 LBO-backed companies with CIT in the capital structure below. For reference, yesterday we posted a list of 30-some LBO-backed companies which used CIT as a lead arranger over the last three years. The full list is for the same time period.

The difference in size between the types of companies on the lists is striking: yesterday’s list of CIT-led transactions is clearly populated with middle market to lower middle market companies sponsored by likes of Thoma Cressey and Wind Point Partners. But this list shows that CIT’s reach goes all the way to the mega-buyouts.

Companies like Michaels Stores, backed by Blackstone and Bain Capital, Dollar General and HCA, backed by KKR, and Dunkin Brands, backed by Bain Capital and THL Partners, fall squarely into the mega-buyout category. Still, the majority of the companies are middle market.

Incidentally, CIT shares are trading up this morning as the firm scrambles to “secure lifelines” from private sector investors. One rumors that’s been circulating is that that JPMorgan may buy its “factoring” unit, which provides financing to the fashion world.

Update: Scribd is misbehaving, so I’ll post the list there as soon as I work that out. For now, view the list directly:

LBO-Backed Companies CIT Has Lent To (Any Part of Capital Structure)  
pehub.com        
         
Company Name Date Deal Amount (m) Deal Amount (US$m) Purpose
         
AHM Holdings 1 Inc 2-Feb-07 US$ 41 41 LBO
         
AccentHealth LLC 4-Sep-08 US$ 56 56 LBO
         
Accutest Corp 25-May-07 US$ 50 50 LBO
         
Ace Cash Express Inc 5-Oct-06 US$ 430 430 LBO
         
Activant Solutions Inc 2-May-06 US$ 430 430 LBO
         
Advanced Homecare Management 3-Aug-07 US$ 161 161 LBO
         
Advanced Homecare Management 25-Oct-06 US$ 8 8 LBO
         
Advantage Sales & Marketing 28-Mar-06 US$ 585 585 LBO
         
Alere Medical Inc 31-Mar-07 US$ 80 80 LBO
         
Ambulatory Services of America Inc 12-Dec-07 US$ 124 124 LBO
         
Anchor Drilling Fluids USA Inc 16-Apr-08 US$ 120 120 LBO
         
Anchor Hocking 1-Jun-07 US$ 69 69 LBO
         
Au Bon Pain 5-Mar-08 US$ 108 108 LBO
         
Audio Visual Services Corp 28-Feb-07 US$ 315 315 LBO
         
Blue Water Automotive Systems 17-May-06 US$ 68 68 Acquis. line
         
BondDesk 16-Aug-06 US$ 86 86 LBO
         
Booz-Allen & Hamilton 1-Jul-08 US$ 810 810 LBO
         
Bosque Power Co 20-Dec-07 US$ 413 413 LBO
         
Brickman Group 23-Jan-07 US$ 425 425 LBO
         
Business Records Management LLC 22-Feb-08 US$ 28 28 LBO
         
CCC Information Services Inc 10-Feb-06 US$ 300 300 LBO
         
CRC Health Corp 6-Feb-06 US$ 640 640 LBO
         
Cajun Operating Co 29-Jun-09 US$ 155 155 LBO
         
Catapult Learning LLC 20-Mar-08 US$ 47 47 LBO
         
Centra Industries Inc 31-Oct-07 US$ 72 72 LBO
         
Citadel Plastics LLC 8-Mar-07 US$ 43 43 LBO
         
CoTo Acquisition LLC 10-Jan-08 US$ 35 35 LBO
         
Community Hospice (CHA) 29-Jan-07 US$ 63 63 LBO
         
Concorde Career Colleges 30-Aug-06 US$ 65 65 LBO
         
Consolidated Precision Products 17-Apr-08 US$ 157 157 LBO
         
Contec 28-Jul-08 US$ 205 205 LBO
         
Contec 11-Jul-06 US$ 145 145 LBO
         
DAE Aviation 1-Oct-07 US$ 937 937 LBO
         
David’s Bridal Inc 31-Jan-07 US$ 450 450 LBO
         
Delta Rigging & Tools Inc 4-Aug-08 US$ 50 50 LBO
         
Dollar General 6-Jul-07 US$ 5,525 5,525 LBO
         
Dunkin Brands 20-Feb-06 US$ 1,800 1,800 LBO
         
Ellman International Inc 8-Feb-08 US$ 20 20 LBO
         
Entertainment Cruises Inc 22-Aug-06 US$ 61 61 LBO
         
Fenwal Inc 28-Feb-07 US$ 475 475 LBO
         
FiberMark Inc 8-Feb-08 US$ 168 168 LBO
         
General Electric Commercial Aviation Training [GECAT] 5-Jun-07 US$ 254 254 LBO
         
HC Cable OPCO LLC 21-Apr-08 US$ 50 50 LBO
         
HCA Inc 16-Feb-07 US$ 12,864 12,864 LBO
         
HMT Inc 21-Jun-07 US$ 137 137 LBO
         
Hargray Communications Group Inc 18-Jun-07 US$ 325 325 LBO
         
Harris Connect 15-Sep-08 US$ 26 26 LBO
         
Haven Hospitals 1-Dec-06 US$ 7 7 LBO
         
Hawkeye Renewables LLC 30-Jun-06 US$ 600 600 LBO
         
Hearthside Food Solutions 9-Apr-09 US$ 115 115 LBO
         
Hudson Group 29-Mar-08 US$ 295 295 LBO
         
Hudson Products Corp 25-Aug-08 US$ 375 375 LBO
         
IPS Corp 13-Jul-06 US$ 102 102 LBO
         
ITN 25-Sep-06 US$ 90 90 LBO
         
Identity Group 7-Dec-07 US$ 42 42 LBO
         
InfrastruX Group Inc 19-Apr-06 US$ 275 275 LBO
         
Inmar Inc 30-Apr-07 US$ 175 175 LBO
         
Interim Health Services 19-May-06 US$ 62 62 LBO
         
JHP Pharmaceuticals LLC 28-Sep-07 US$ 57 57 LBO
         
Jacuzzi Brands [Ex- US Industries Inc] 7-Feb-07 US$ 1,155 1,155 LBO
         
Jones Stephens 7-Sep-06 US$ 56 56 LBO
         
K2 Advisors LLC 30-Apr-07 US$ 129 129 LBO
         
Knape & Vogt 28-Jul-06 US$ 97 97 LBO
         
Lewis Goetz & Co Inc 6-Jun-07 US$ 98 98 LBO
         
Liberty Dialysis 18-Jan-06 US$ 30 30 LBO
         
Liberty Tire Services of Ohio LLC 5-Nov-08 US$ 110 110 LBO
         
Lord & Taylor 2-Oct-06 US$ 350 350 LBO
         
MECS Inc 31-Jan-08 US$ 190 190 LBO
         
Maritime Telecommunications Network 5-May-06 US$ 110 110 LBO
         
MedPlast Inc 18-Apr-08 US$ 39 39 LBO
         
Medtech Products Inc 15-Jul-08 US$ 38 38 LBO
         
Metals USA 17-May-07 US$ 450 450 LBO
         
Michael’s Finer Meats LLC 25-Feb-08 US$ 35 35 LBO
         
Michaels Stores Inc 31-Oct-06 US$ 2,400 2,400 LBO
         
Michaels Stores Inc 31-Oct-06 US$ 2,400 2,400 LBO
         
Mobile Storage Group 1-Aug-06 US$ 300 300 LBO
         
Modern Luxury Publishing 22-Jun-07 US$ 125 125 LBO
         
NCO Group Inc 15-Nov-06 US$ 1,069 1,069 LBO
         
National Envelope 4-Apr-06 US$ 220 220 LBO
         
National MENTOR 29-Jun-06 US$ 480 480 LBO
         
National Renal Institutes 7-Apr-06 US$ 300 300 LBO
         
Neff Corp 31-May-07 US$ 290 290 LBO
         
Neff Corp 31-May-07 US$ 350 350 LBO
         
New Acton Mobile Industries Inc 2-Feb-07 US$ 90 90 LBO
         
New Century Transportation 14-Aug-06 US$ 120 120 LBO
         
New World Gaming 1-Jul-07 US$ 1,065 1,065 LBO
         
Nutrition Physiology Corp 31-Jul-08 US$ 31 31 LBO
         
Nuveen Investments Inc 13-Nov-07 US$ 2,915 2,915 LBO
         
Obcorp LLC 30-Jan-09 US$ 36 36 LBO
         
PRACS Institute Ltd 14-Mar-07 US$ 189 189 LBO
         
Permian Tank & Manufacturing 6-Dec-07 US$ 77 77 LBO
         
Philosophy Inc 7-Mar-07 US$ 310 310 LBO
         
Primrose School Franchising Co 31-Mar-06 US$ 31 31 LBO
         
Primus International 7-Jun-06 US$ 190 190 LBO
         
RGIS Holdings 26-Apr-07 US$ 900 900 LBO
         
RanPak Inc 29-Feb-08 US$ 430 430 LBO
         
Randall-Reilly Publishing Co LLC 29-Feb-08 US$ 94 94 LBO
         
Renfro Corp 5-Oct-06 US$ 205 205 LBO
         
RollEase 31-Jul-07 US$ 41 41 LBO
         
Ryt-Way Industries 11-Aug-08 US$ 70 70 LBO
         
SJI LLC 6-Dec-07 US$ 83 83 LBO
         
Seaboard International Inc 18-Apr-07 US$ 55 55 LBO
         
Sequa Corp 3-Dec-07 US$ 2,050 2,050 LBO
         
Seven Media Pty Ltd 28-Dec-06 A$ 3,050 2,409 LBO
         
Sheplers Inc 30-Jul-07 US$ 35 35 LBO
         
Sleep Innovations 30-Mar-07 US$ 320 320 LBO
         
SourceCorp Inc 8-Jun-06 US$ 400 400 LBO
         
Southern California Pizza Co LLC 18-Aug-08 US$ 29 29 LBO
         
Sports Authority Inc 13-Apr-06 US$ 1,025 1,025 LBO
         
Sprint Industrial Holdings LLC 31-Oct-07 US$ 128 128 LBO
         
Stampede Meats 22-Mar-07 US$ 90 90 LBO
         
Star Tribune 1-Mar-07 US$ 486 486 LBO
         
Sterling Foods LLC 31-Dec-08 US$ 42 42 LBO
         
Sun Products Corp [ex-Huish Detergents Inc] 26-Apr-07 US$ 1,150 1,150 LBO
         
Surgical Care Affiliates 29-Jun-07 US$ 490 490 LBO
         
Surveymonkey.com 21-Apr-09 US$ 39 39 LBO
         
TMW Systems Inc 12-Sep-07 US$ 43 43 LBO
         
TRANZACT 31-Oct-07 US$ 80 80 LBO
         
Taylor Wharton International LLC 7-Dec-07 US$ 163 163 LBO
         
Team Health Inc 16-Mar-07 US$ 425 425 LBO
         
Thomas Nelson Inc 12-Jun-06 US$ 235 235 LBO
         
Transilwrap Co 4-Sep-07 US$ 95 95 LBO
         
TravelCLICK Holdings Inc 20-Dec-07 US$ 105 105 LBO
         
Tri-Star Electronics International Inc 2-Feb-07 US$ 123 123 LBO
         
Tribune Co 17-May-07 US$ 10,133 10,133 LBO
         
Tube City IMS Corp [ex-International Mill Service] 17-Jan-07 US$ 350 350 LBO
         
UP Acquisition Sub Inc 8-Feb-08 US$ 225 225 LBO
         
US HealthWorks Holding Co 20-Dec-06 US$ 135 135 LBO
         
Unifrax Corp 28-Apr-06 US$ 230 230 LBO
         
United Central Industrial Supply Co 28-Apr-06 US$ 142 142 LBO
         
Vistar Corp [Ex- Multifoods Distribution Group] 20-Jul-07 US$ 450 450 LBO
         
Webex Inc 10-Aug-07 US$ 40 40 LBO
         
Wesco Aircraft Hardware Corp 25-Sep-06 US$ 775 775 LBO
         
Yankee Candle Co 6-Feb-07 US$ 775 775 LBO
         
Source: Thomson Reuters and peHUB.com      

Yesterday’s list of lead arranger transactions: If CIT Goes Down, These Companies May Be Hurting