On October 24, 2014, Eclipse Advantage Holdings, LLC and certain of its Canadian and U.S. subsidiaries (collectively, “Eclipse”) entered into secured term, revolving and letter-of-credit facilities in the aggregate amount of US$16.25 million. The credit facilities were made available to Eclipse Advantage, LLC, as borrower by Freeport Financial Partners LLC, as Agent and Lead Arranger, U.S. Bank National Association, as Term Loan Paying Agent, and Bank of the West, as Revolver Paying Agent.
Eclipse is an internationally recognized logistics provider that offers outsourced solutions for warehouses and distribution centres across the United States and Canada. It uses patented and customized technology and on-site staffing to improve productivity for processes such as in-bound freight receiving, cross docking, order selection, and inventory management.
Freeport Financial Partners LLC was represented in Canada by Norton Rose Fulbright Canada LLP (Arnold Cohen and Victoria Everett).