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It was a pleasure working with the Configure team to drive towards a successful transaction.

- Chris Murphy
Partner at Greenbelt Capital Partners

Configure Partners Advises Endeavour Capital & Greenbelt Capital Partners on Their Strategic Investment in CTC Global

 

Atlanta, GA — Configure Partners, an investment banking platform specializing in debt placement and credit resolution services, announced today its role as exclusive debt placement agent to Endeavour Capital and Greenbelt Capital Partners in securing debt capital to support their strategic investment in CTC Global. CTC is a California-based designer and manufacturer of advanced conductor cores for high-voltage transmission cables that improve the efficiency, capacity, reliability, and resiliency of the electric power grid.

“We believe CTC’s track record, product performance characteristics, installed base, and trusted standards acceptance position the company to support the growth of its utility partners. We are thrilled to partner with CTC and Greenbelt on this journey,” said Endeavour Managing Director Derek Eve. “The Configure team assisted Endeavour and Greenbelt in navigating a complex financing environment.”

“We believe CTC’s advanced conductor technology is well positioned to help mitigate U.S. transmission congestion and interconnect queues by enabling utilities to increase the transmission capacity across their existing assets. We believe the company’s technology will be critical in helping utilities and transmission operators bypass these interconnect bottlenecks and increase the amount of renewable generation powering the U.S. electric grid.,” said Greenbelt Partner Chris Murphy. “It was a pleasure working with the Configure team to drive towards a successful transaction.”

Configure supported all aspects of the debt financing process, including lender screening, approach to market, structuring, and advising on financing-related documentation for the investment.

“The operational expertise of the Endeavour and Greenbelt teams and management’s proven experience and leadership will be a powerful combination, and we expect CTC to continue to be a pioneer in the advanced conductor space,” shared Configure Vice President K.T. Taratus. “The Configure team is excited to watch the progression of CTC and to have played a role in achieving a desirous outcome.”

About CTC Global (ctcglobal.com)
Headquartered in California, CTC is a developer of composite conductors designed to improve the efficiency, capacity, reliability, and resiliency of the electric power grid. The company’s platform develops, tests, and produces the composite core used in conductors, it leverages advanced carbon fiber technology to help improve the efficiency, capacity, reliability, and resiliency of electric power grids worldwide, and offers greater strength, higher capacity, and lower line losses compared to any other overhead conductor, enabling clients to increase spans between fewer structures, reduce electric line losses, and improve grid reliability.

About Endeavour Capital (endeavour.com)
Endeavour Capital was founded in 1991 to be a patient source of capital and long-term partner to leading private businesses and management teams. Today, Endeavour Capital is investing in its eighth fund and has offices in Los Angeles, Portland, Seattle, and Denver. Endeavour invests in Western U.S.-based companies in partnership with founders, family owners, and executives. The firm acts as partners and stewards, to help companies and their owners realize their potential, while preserving legacy and culture.

About Greenbelt Capital Partners (greenbeltcapital.com)
Greenbelt Capital Partners is a growth-oriented middle-market private equity firm focused on control and significant minority investments across the energy sector, ranging from late-stage growth equity to private equity to infrastructure development. The senior team at Greenbelt has committed approximately $6 billion of equity capital to multiple portfolio companies and consummated more than $65 billion of M&A and financings in over 235 transactions across the portfolio.

About Configure Partners (configurepartners.com)
Configure Partners is a preeminent credit-oriented investment bank headquartered in Atlanta. The firm specializes in debt placement, credit resolution, and special situations advisory, providing superior client service and execution to private equity sponsors in acquisition finance, refinancing, and dividend recapitalization transactions. The firm’s credit resolution and special situations practice is the trusted advisor for stakeholders confronting capital structure challenges. Our people-smart team of bankers differentiates through real-time knowledge of the debt capital markets and becomes a true extension of our client’s teams, delivering unmatched results and an exceptional client experience.