Alorica Announces $750 Million Refinancing by Apollo Hybrid Value
Following the transaction, the company will have more than $200 million in liquidity and net leverage of under 3.0x LTM Adjusted EBITDA.
- Following the transaction, the company will have more than $200 million in liquidity and net leverage of under 3.0x LTM Adjusted EBITDA.
- Alorica plans to grow its world-class talent and continue its global expansion through Asia, Europe and Latin America.
- Alorica CEO Andy Lee said, The investment by Apollo funds is another major milestone in the evolution of Alorica.
- Apollo Hybrid Value Co-heads and Senior Partners Matt Michelini and Rob Ruberton said, We are pleased to invest in Alorica through a structure that is responsive to their financial and corporate goals.