Research Update: EagleView Technology Corp. Assigned 'B' Rating On Completed Leveraged Buyout; Outlook Stable; Debt Ratings Assigned - S&P Global Ratings’ Credit Research

Research Update: EagleView Technology Corp. Assigned 'B' Rating On Completed Leveraged Buyout; Outlook Stable; Debt Ratings Assigned

Research Update: EagleView Technology Corp. Assigned 'B' Rating On Completed Leveraged Buyout; Outlook Stable; Debt Ratings Assigned - S&P Global Ratings’ Credit Research
Research Update: EagleView Technology Corp. Assigned 'B' Rating On Completed Leveraged Buyout; Outlook Stable; Debt Ratings Assigned
Published Sep 28, 2015
Published Sep 28, 2015
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About This Report

  
Abstract:

Private equity firm Vista Equity Partners has closed its leveraged buyout of U.S.-based EagleView Technology Corp., a provider of aerial imagery and 3D measurement software solutions. We are assigning our 'B' corporate credit rating to EagleView Technology Corp. We are also assigning our 'B' issue-level rating and '3' recovery rating to the company's revolving credit facility and first-lien term loan, and our 'CCC+' issue-level rating and '6' recovery rating to its second-lien term loan. The stable outlook reflects our expectation that EagleView will continue to generate good revenue growth and positive free operating cash flow, resulting in EBITDA expansion and modest deleveraging over the next 12 to 18 months. On Sept. 28, 2015, Standard&Poor's Ratings Services assigned its

  
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Research Update

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MLA:
S&P Global Ratings’ Credit Research. "Research Update: EagleView Technology Corp. Assigned 'B' Rating On Completed Leveraged Buyout; Outlook Stable; Debt Ratings Assigned" Sep 28, 2015. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-EagleView-Technology-Corp-Assigned-B-Rating-On-Completed-Leveraged-Buyout-Outlook-Stable-Debt-Ratings-Assigned-1455856>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: EagleView Technology Corp. Assigned 'B' Rating On Completed Leveraged Buyout; Outlook Stable; Debt Ratings Assigned Sep 28, 2015. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-EagleView-Technology-Corp-Assigned-B-Rating-On-Completed-Leveraged-Buyout-Outlook-Stable-Debt-Ratings-Assigned-1455856>
  
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