Omnia to launch $123.5 million add-on first-lien term loan on Thursday

By Sara Rosenberg

New York, July 18 – Omnia Partners Inc. is set to hold a lender call at 11 a.m. ET on Thursday to launch a $123.5 million add-on first-lien term loan, according to a market source.

Barclays, Ares, Jefferies LLC and Fifth Third are the bookrunners on the deal.

The company is also getting a $26 million pre-placed add-on second-lien term loan, the source said.

Proceeds will be used to fund a permitted acquisition.

TA Associates is the sponsor.

Omnia is a Franklin, Tenn.-based group purchasing organization.

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