Configure Partners, LLC announced the successful completion of a $187.5 million financing for Iconex LLC, a portfolio company of Atlas Holdings LLC. Iconex is the world's leading provider of receipts and highly differentiated label solutions.

Configure acted as the exclusive financial advisor and investment banker to Iconex, working closely with the company through all aspects of the financing. The financing consisted of a revolving credit facility, placed with PNC Bank, N.A., and a term loan and delayed draw term loan, placed with Cerberus Business Finance, LLC.  Proceeds from the financing were used to refinance Iconex's existing debt obligations, fund a distribution to shareholders, provide flexibility for the company's ongoing growth initiatives and support its working capital needs.

"This recapitalization is another major step forward for Iconex to achieve its corporate and strategic goals.  Configure's ability to tell the Iconex story coupled with their deep level of involvement throughout the process made them a great partner for us in the transaction," said Ira Genser, Chief Financial Officer of Iconex.

"This recapitalization was an important milestone for Iconex as the company continues on its growth trajectory. The Configure team was the right partner for us and did an exceptional job from start to finish," said Michael Sher, Partner at Atlas Holdings.

"Iconex is an excellent business with a great team, and we're pleased to have worked with Iconex and Atlas on this recapitalization," said Jay Jacquin, a Managing Director at Configure.  "In addition to improved financial terms and enhanced flexibility for the Company, Configure's involvement enabled the Company's management team to remain focused on the business and the execution of their strategy, while capitalizing on favorable debt market conditions."