BIRMINGHAM, Ala. – Dec. 7, 2018 – Regions Bank today announced that Regions Capital Markets served as Joint Lead Arranger and Regions Bank served as Administrative Agent on a $180 million senior secured credit facility supporting the acquisition of Orion Business Innovation by private equity firm One Equity Partners. Churchill Asset Management acted as Joint Lead Arranger and Syndication Agent for the transaction.
Orion Business Innovation provides digital transformation and automation services to large enterprise customers across the financial and professional services, communications and media, professional sports and entertainment, education and healthcare industries.
One Equity Partners is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations.
Through its Corporate Banking Group, Regions serves public and private companies throughout the bank’s geographic footprint as well as across the United States through its Specialized Industry groups. Regions Capital Markets, a division of Regions Bank, provides products and services including syndicated loan facilities, interest rate, commodity and foreign exchange risk hedging. Regions provides advisory and certain capital raising services through Regions Securities LLC, member FINRA and SIPC, a wholly-owned subsidiary which serves as a broker-dealer to commercial clients and acts in an advisory capacity to merger and acquisition transactions. BlackArch Partners LLC, a wholly-owned subsidiary of Regions, offers merger and acquisition services to its institutional clients and commercial entities.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $125 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,500 banking offices and 2,000 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.