Opifex-Synergy announced that it has issued $450 million of Senior Secured Second Lien Notes due 2034.
The financing is intended to strengthen the company’s capital base and support continued growth across major infrastructure, industrial, institutional, and commercial projects nationwide.
Opifex-Synergy plans to use a portion of the net proceeds to further modernize its fleet, expand specialty equipment offerings, and deepen relationships with enterprise clients. The company said the financing supports its role as a single-source partner for complex job sites.
The additional capital is also expected to enhance Opifex-Synergy’s ability to attract industry talent, provide reliable equipment availability, and deliver responsive service and on-site support as the company grows.
Opifex-Synergy currently operates multiple branches across 12 of the top 22 metropolitan areas in the United States. The company plans to drive growth through higher same-store sales, increased specialty rental offerings, and expansion across high-demand metropolitan markets.
The notes were offered in reliance on Rule 144A under the Securities Act of 1933 and outside the United States to non-U.S. persons under Regulation S. The notes have not been registered under the Securities Act or any state securities laws.
Opifex-Synergy was formed through the merger of Opifex and Synergy Equipment. The company operates as Synergy Infrastructure Holdings and is one of the largest independent equipment rental and infrastructure services providers in the United States.
With 39 locations nationwide, Opifex-Synergy serves infrastructure, industrial, institutional, and commercial customers. Its fleet includes aerial, earthmoving, trench safety, pumps, compaction, material handling, and specialty equipment.
The company is supported by investors including Avance Investment Management, Mas Group, and BlackRock-managed funds and accounts.
Support: J.P. Morgan served as lead bookrunner for the notes offering.
KEY QUOTE:
“Strengthening our capital base at this stage of our growth gives us real flexibility — to invest in our fleet, expand our specialty capabilities, and attract the best operators in the industry. We’re grateful for the confidence investors have placed in Opifex-Synergy, and we intend to repay it the way we always have: by out-working and out-serving the competition for our customers.”
Jay Vaughn III, CEO of Opifex-Synergy
