Comprehensive Logistics, Inc.

Situation

CLI experienced tremendous growth in recent years and was executing on a robust pipeline. The Company was seeking to refinance its existing debt and expand its financial capacity to support near-term identified growth opportunities.

Engagement

G2 Capital Advisors, LLC (“G2”) served as the exclusive financial advisor to CLI, providing a combination of capital markets capabilities and industry expertise from its Transportation & Logistics (“T&L”) team. G2 ran a competitive capital markets process and explored a range of solutions, including the full spectrum of capital solutions. By identifying the right financial partners, G2 sought to provide CLI with a financing solution that aligned with ownership and management’s objectives.

Outcome

With the support from G2, CLI closed a transaction through a partnership between TCW’s Private Credit Group (“TCW”) and the incumbent junior capital provider. TCW provided a senior credit facility consisting of a senior term loan and a revolver, unfunded at closing, to be used for growth. In addition, the existing junior capital provider elected to remain involved by rolling its current position, in partnership with TCW, reflecting that firm’s confidence in the Company.

“We appreciate the partnership with G2 and their dedication to supporting CLI. G2’s deep understanding of our business and the T&L industry, along with their expert knowledge of the capital markets environment allowed us to quickly identify the right partner and best solution for the Company,” said Brad Constantini, Chairman of Comprehensive Logistics.

Chris Casteleyn, Head of Transportation & Logistics at G2, said, “CLI is uniquely differentiated in providing complex value-added services that are critical to its OEM customers’ time-sensitive production cycle. We are pleased to support CLI in this transaction and look forward to seeing the Company’s continued growth and success.”