Fifth Third Bank
  • Home
  • Transaction Highlights

Transaction Highlights

From raising capital to mergers and acquisitions, manufacturing to healthcare, our experienced Capital Markets team have completed a broad range of transactions across diverse industries. Leveraging our long-standing relationships, we’re able to help our clients grow, maximize resources and minimize risk.

We’re proud to highlight some of these successes below. Just click on a logo to view the details.

X

Hovair Automotive

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Consumer & Retail

X

City Gear, LLC

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A Advisory
Industry: Consumer & Retail

X

KMJE Ventures, LLC d/b/a Orangetheory North Carolina

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A Sellside
Industry: Consumer & Retail

Fifth Third Securities, Inc. (“FTS”) served as the Exclusive Financial Advisor to KMJE Ventures, LLC (“KMJE”) on its recapitalization with Kian Capital Partners, LLC (“Kian”). Kian, an investment firm with over $425 million of capital under management, provides flexible capital solutions to established lower middle-market companies, often serving as the first institutional capital provider to closely held businesses. Together, KMJE and Kian are seeking to accelerate growth and pursue acquisitions within the Orange Theory Fitness system.

X

MasterCraft Boat Holdings, Inc.

Transaction Size: $190,000,000
Fifth Third Capital Markets Role: Lead Arranger and Sole Book Runner
Transaction Type: Capital Raise
Industry: Consumer & Retail

X

NSA International

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A Advisory
Industry: Consumer & Retail

X

Magna Legal Services, LLC

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A Sellside
Industry: Business and Tech-Enabled Services

X

Kolmac Outpatient Recovery Centers

Coker Capital Securities, LLC Role: Exclusive Financial Advisor
Transaction Type: M&A Advisory
Industry: Healthcare

X

MBB Radiology

Coker Capital Securities, LLC Role: Exclusive Financial Advisor
Transaction Type: M&A Advisory
Industry: Healthcare

X

Silverado Senior Living

Transaction Size: $45 million
Coker Capital Securities, LLC Role: Exclusive Financial Advisor
Transaction Type: Capital Raise
Industry: Healthcare

X

Opus Agency

Transaction Size: $92,000,000
Fifth Third Capital Markets Role: Administrative Agent and Joint Lead Arranger
Transaction Type: Debt Capital Markets
Industry: TMT

X

GreenSky

Transaction Size: $1,005,100,000
Fifth Third Capital Markets Role: Co-Manager
Transaction Type: Equity Capital Markets
Industry: TMT

X

Centene Corporation

Transaction Size: DCM $1,500,000,000 | ECM $2,859,876,250 | BCM $1,800,000,000
Fifth Third Capital Markets Role: Co-Documentation Agent and Co-Manager
Transaction Type: Debt Capital Markets, Equity Capital Markets and Bond Capital Markets
Industry: Healthcare

X

Delta

Transaction Size: $2,650,000,000 | $1,600,000,000
Fifth Third Capital Markets Role: Joint Lead Arranger and Joint Active Book-Running Manager
Transaction Type: Bond Capital Markets
Industry: Diversified Industrials

X

Dollar Tree

Transaction Size: $2,032,000,000 | $4,000,000,000
Fifth Third Capital Markets Role: Joint Lead Arranger and Joint Book-Running Manager
Transaction Type: Debt Capital Markets and Bond Capital Markets
Industry: Consumer & Retail

X

QC Industries

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

DPI, Inc.

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Consumer & Retail

X

Diamond Metals Distribution

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

Canton Drop Forge

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

Auto-Vehicle Parts Co.

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

Precision Nutrition

Fifth Third Capital Markets Role: Sole Lead Arranger, Bookrunner and Administrative Agent
Transaction Type: Debt Capital Markets
Industry: TMT

X

Clyde's Market

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Downstream Petroleum

X

Schafer Industries, Inc.

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

GrafTech

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

Crown Castle International Corp.

Transaction Size: $1,750,000,000 | $3,854,400,000 | $1,650,000,000
Fifth Third Capital Markets Role: Joint Book-Running Manager
Transaction Type: Equity Capital Markets and Debt Capital Markets
Industry: TMT

X

Forestry Resources, Inc.

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Business Services

X

RealPage

Transaction Size: $345,000,000
Fifth Third Capital Markets Role: Co-Manager
Transaction Type: Equity Capital Markets
Industry: TMT

X

Radio Systems Corporation

Transaction Size: $350 MM | $300 MM | $50 MM
Fifth Third Capital Markets Role: Lead Arranger, Sole Bookrunner and Administrative Agent
Transaction Type: Debt Capital Markets
Industry: Consumer & Retail

X

RoadWorks

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

Miller Fluids

Fifth Third Capital Markets Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

Planet Fitness Midwest

Transaction Size: $65MM | $15MM
Fifth Third Capital Markets Role: Sole Lead Arranger, Administrative Agent and Exclusive Financial Advisor
Transaction Type: Senior Secured Debt and Unsecured Subordinated Debt
Industry: Consumer & Retail

Investment Banking
Fifth Third Securities, Inc. served as the exclusive financial advisor to Planet Fitness Midwest on their recent growth capital raise. Together, Fifth Third Bank raised $65 million of senior debt through a syndication+ and Fifth Third Securities, Inc. placed $15 million of subordinated debt++ to facilitate the Company’s considerable growth trajectory.

X

City of Evansville, IN Redevelopment Authority

Transaction Size: $92,425,000
Fifth Third Capital Markets Role: Senior Manager
Transaction Type: Lease Rental Revenue Refunding Bonds, Series 2016 (Arena Project)
Industry: Government

Fixed Income Sales and Trading
Fifth Third Securities, Inc. was the Senior Manager on the City of Evansville, Indiana, Redevelopment Authority Lease Rental Revenue Refunding Bonds, Series 2016 (Arena Project) transaction. The $92,425,000 municipal bond transaction was completed in the third quarter of 2016. The City intends to use the net proceeds from the offering to refund the 2010B Build America Bonds for a net savings of nearly $12,000,000.

X

Almost Family

Transaction Size: $153,525,000
Fifth Third Capital Markets Role: Co-Manager
Transaction Type: Follow-On Offering
Industry: Healthcare

Equity Capital Markets
Fifth Third Securities, Inc. acted as co-manager on Almost Family’s follow-on offering of $153,525,000. Almost Family, Inc. and its subsidiaries operate a visiting nurse segment, a personal care segment and a HealthCare Innovations segment.

X

Warren Consolidated Schools District, MI

Transaction Size: $61,335,000
Fifth Third Capital Markets Role: Senior Manager
Transaction Type: 2016 School Building & Site Bonds
Industry: Government

Fixed Income Sales and Trading
The tenth District bond issue Fifth Third Securities, Inc. has Senior Managed since 2008. The 2016 Bonds are the first of two series of voter approved bonds funding improvements and technology enhancements at school facilities across the District.  This issue was well received by investors with most maturities fully or over-subscribed.

X

Buckeye Valley Local School District, Ohio

Transaction Size: $31,250,000 | $12,380,000
Fifth Third Capital Markets Role: Sole Manager
Transaction Type: School Facilities Construction & Improvement Bonds, Series 2016A, and Refunding Bonds, Series 2016B
Industry: Government

Fixed Income Sales and Trading
In February of 2016, Fifth Third Securities, Inc. underwrote both the Series A and Series B bonds for the School District. It was beneficial to the District to complete both transactions simultaneously to not only take advantage of the low interest rate environment at the time, but also to achieve economies of scale by spreading those costs that are fixed across the new money and refunding purposes.

X

Otterbein Senior Lifestyle Choices

Transaction Size: $26,910,000
Fifth Third Capital Markets Role: Sole Manager
Transaction Type: Series 2016A Fixed Rate Refunding Revenue Bonds
Industry: Healthcare

Fixed Income Sales and Trading
Otterbein Homes is an Ohio tax-exempt corporation established in 1912 and exists to serve the special needs of older persons by providing residential and supportive services in Otterbein’s continuing care retirement communities (CCRCs), Skilled Nursing and Rehabilitation Neighborhoods for nursing home care, and providing home health and hospice services throughout Ohio.

X

Opus Agency

Transaction Size: $92,000,000
Fifth Third Bank Role: Administrative Agent and Joint Lead Arranger
Transaction Type: Debt Capital Markets
Industry: TMT

X

GreenSky IPO

Transaction Size: $1,005,100,000
Fifth Third Bank Role: Co-Manager
Transaction Type: Equity Capital Markets
Industry: TMT

X

Centene Corporation

Transaction Size: $1,500,000,000 | $2,859,876,250 | $1,800,000,000
Fifth Third Bank Role: Co-Documentation Agent and Co-Manager
Transaction Type: Equity Capital Markets, Debt Capital Markets, Bond Capital Markets
Industry: Healthcare

X

Delta

Transaction Size: $2,650,000,000 | $1,600,000,000
Fifth Third Bank Role: Joint Lead Arranger, Joint Active Book-Running Manager
Transaction Type: Bond Capital Markets
Industry: Diversified Industrials

X

Dollar Tree

Transaction Size: $2,032,000,000 | $4,000,000,000
Fifth Third Bank Role: Joint Lead Arranger, Joint Book-Running Manager
Transaction Type: Debt Capital Markets, Bond Capital Markets
Industry: Consumer and Retail

X

QC Industries

Fifth Third Bank Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

DPI, Inc.

Fifth Third Bank Role: Exclusive Financial Advisor
Transaction Type: Investment Banking
Industry: Consumer and Retail

X

Diamond Metals Distribution

Fifth Third Bank Role: Exclusive Financial Advisor
Transaction Type: Investment Banking
Industry: Diversified Industrials

X

Canton Drop Forge

Fifth Third Bank Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

Auto-Vehicle Parts Co.

Fifth Third Bank Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

Precision Nutrition

Fifth Third Bank Role: Sole Lead Arranger, Bookrunner, & Administrative Agent
Transaction Type: Debt Capital Markets
Industry: TMT

X

Clyde's Market

Fifth Third Bank Role: Financial Advisor
Transaction Type: M&A
Industry: Downstream Petroleum

X

Schafer Industries, Inc.

Fifth Third Bank Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

GrafTech

Fifth Third Bank Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

Crown Castle International Corp.

Transaction Size: $1,750,000,000 | $3,854,400,000 | $1,650,000,000
Fifth Third Bank Role: Joint Book-Running Manager
Transaction Type: Equity Capital Markets, Debt Capital Markets
Industry: TMT

X

Forestry Resources, Inc.

Fifth Third Bank Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Business Services

X

RealPage

Transaction Size: $345,000,000
Fifth Third Bank Role: Co-Manager
Transaction Type: Equity Capital Markets
Industry: TMT

X

Radio Systems Corporation

Transaction Size: $350 MM | $300 MM | $50 MM
Fifth Third Bank Role: Lead Arranger, Sole Bookrunner, & Administrative Agent
Transaction Type: Debt Capital Markets
Industry: Consumer and Retail

X

RoadWorks

Fifth Third Bank Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Manufacturing

X

Miller Fluids

Fifth Third Bank Role: Exclusive Financial Advisor
Transaction Type: M&A
Industry: Diversified Industrials

X

Planet Fitness Midwest

Transaction Size: $65MM | $15MM
Fifth Third Bank Role: Sole Lead Arranger & Administrative Agent | Exclusive Financial Advisor
Transaction Type: Senior Secured Debt| Unsecured Subordinated Debt
Industry: Retail

Investment Banking
Fifth Third Securities, Inc. served as the exclusive financial advisor to Planet Fitness Midwest on their recent growth capital raise. Together, Fifth Third Bank raised $65 million of senior debt through a syndication+ and Fifth Third Securities, Inc. placed $15 million of subordinated debt++ to facilitate the Company’s considerable growth trajectory.

X

Almost Family

Transaction Size: $153,525,000
Fifth Third Bank Role: Co-Manager
Transaction Type: Follow-On Offering
Industry: Healthcare

Equity Capital Markets
Fifth Third Securities, Inc. acted as co-manager on Almost Family’s follow-on offering of $153,525,000. Almost Family, Inc. and its subsidiaries operate a visiting nurse segment, a personal care segment and a HealthCare Innovations segment.

X

The Greenbrier Companies

Transaction Size: $275,000,000
Fifth Third Bank Role: Co-Manager
Transaction Type: Convertible Notes Offering
Industry: Diversified Industrials

Equity Capital Markets
Fifth Third Securities, Inc. acted as co-manager on The Greenbrier Companies’ convertible notes offering totaling $275,000,000. Greenbrier designs, builds and markets freight railcars in North America and Europe, builds freight railcars and rail castings in Brazil through a strategic partnership, and builds and markets marine barges in North America. 

X

Jagged Peak Energy

Transaction Size: $473,990,010
Fifth Third Bank Role: Co-Manager
Transaction Type: Initial Public Offering
Industry: Energy

Equity Capital Markets
Fifth Third Securities, Inc. acted as co-manager on Jagged Peak Energy’s initial public offering totaling $473,990,010. Jagged Peak Energy Inc. is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin, a sub-basin of the Permian Basin of West Texas.

X

City of Evansville, IN Redevelopment Authority

Transaction Size: $92,425,000
Fifth Third Bank Role: Senior Manager
Transaction Type: Lease Rental Revenue
Refunding Bonds, Series 2016 (Arena Project)
Industry: Government

Fixed Inc. Sales and Trading
Fifth Third Securities, Inc. was the Senior Manager on the City of Evansville, Indiana, Redevelopment Authority Lease Rental Revenue Refunding Bonds, Series 2016 (Arena Project) transaction. The $92,425,000 municipal bond transaction was completed in the third quarter of 2016. The City intends to use the net proceeds from the offering to refund the 2010B Build America Bonds for a net savings of nearly $12,000,000.

X

Warren Consolidated Schools District, MI

Transaction Size: $61,335,000
Fifth Third Bank Role: Senior Manager
Transaction Type: 2016 School Building & Site Bonds
Industry: Government

Fixed Inc. Sales and Trading
The tenth District bond issue Fifth Third Securities, Inc. has Senior Managed since 2008. The 2016 Bonds are the first of two series of voter approved bonds funding improvements and technology enhancements at school facilities across the District.  This issue was well received by investors with most maturities fully or over-subscribed.

X

Buckeye Valley Local School District, Ohio

Transaction Size: $31,250,000 | $12,380,000
Fifth Third Bank Role: Sole Mgr
Transaction Type: School Facilities Construction
& Improvement Bonds, Series 2016A,
Refunding Bonds, Series 2016B
Industry: Government

Fixed Inc. Sales and Trading
In February of 2016, Fifth Third Securities, Inc. underwrote both the Series A and Series B bonds for the School District. It was beneficial to the District to complete both transactions simultaneously to not only take advantage of the low interest rate environment at the time, but also to achieve economies of scale by spreading those costs that are fixed across the new money and refunding purposes.

X

Otterbein Senior Lifestyle Choices

Transaction Size: $26,910,000
Fifth Third Bank Role: Sole Manager
Transaction Type: Series 2016A Fixed Rate
Refunding Revenue Bonds
Industry: Healthcare

Fixed Inc. Sales and Trading
Otterbein Homes is an Ohio tax-exempt corporation established in 1912 and exists to serve the special needs of older persons by providing residential and supportive services in Otterbein’s continuing care retirement communities (CCRCs), Skilled Nursing and Rehabilitation Neighborhoods for nursing home care, and providing home health and hospice services throughout Ohio.