CROSSMARK in First Lien Incremental Term Loan Increase

August 31, 2013

Cleary Gottlieb represented CROSSMARK Holdings, Inc., a portfolio company of Warburg Pincus, in connection with a $100 million first-lien incremental term loan increase to its existing first-lien credit facility. CROSSMARK is a provider of business solutions, with expertise in sales, merchandising and in-store marketing across a wide range of retail channels. The financing was provided by a syndicate of banks with Bank of America, N.A. as administrative agent. Approximately $75 million of the proceeds were used to finance CROSSMARK’s acquisitions of Marketing Werks, Inc. and We Know Talent, Inc., which closed simultaneously with the financing effective August 31.