Configure Partners, LLC, a leading middle market investment bank, is pleased to announce the successful completion of a financing in support of Hidden Harbor Capital Partners’ (“Hidden Harbor”) acquisition of Wehner Multifamily, LLC (“WMF”). WMF is a full service property management company with more than 25,000 residential units under management across Texas and Oklahoma.
Configure acted as the exclusive financing advisor to Hidden Harbor in connection with securing debt financing from Goldman Sachs Specialty Lending Group to facilitate the acquisition of WMF. Configure supported all aspects of the financing process including lender approach, structuring and negotiating the financing for the acquisition.
“Configure executed a well-structured, competitive and effective financing process” said Andrew Joy, Principal at Hidden Harbor. “By partnering with Configure, we were able to focus our time and attention on the due diligence and operational aspects of the transaction, while Configure helped us secure a very attractive financing package.”
Doug Clarida, Managing Director of Configure commented, “We’re pleased to have worked with Hidden Harbor and WMF on this important financing. WMF marks our fourth acquisition-related financing placement for Hidden Harbor. We continue to be impressed with Hidden Harbor’s operational expertise and ability to successfully partner with management teams to enhance value for their portfolio companies.”