Vialto, CD&R and Lenders Agree to Recapitalization Transaction

Vialto Partners said its existing financial sponsor CD&R and certain of its existing lenders, including HPS Investment Partners, have agreed to a recapitalization transaction.

• Deal will deliver a $225 million equity capital investment in Vialto and an approximately $700 million reduction in outstanding debt
• Company has also reached an agreement with certain of its lenders on amendments to the underlying debt obligations that will provide it with additional flexibility to continue to grow its business
• CD&R will remain the majority shareholder of Vialto and HPS will become a minority equity owner

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