Lenders to Tom Gores’s Prison Phone Company Tap Advisers on Debt

A group of lenders to Aventiv Technologies LLC, a prison phone operator backed by Tom Gores’s Platinum Equity, has hired advisers as the company tries to determine how to navigate maturing debt.

The lenders tapped investment bank Evercore Inc.and law firm Gibson, Dunn & Crutcher for debt advice, according to people with knowledge of the matter, who asked not to be identified because the matter is private. The company, known as Securus Technologies Inc. before a reorganization, has a revolving line of credit and a first-lien term loan that are both maturing next year.

Representatives for the ...