Houlihan Lokey Advises CXtec

Houlihan Lokey is pleased to announce the successful placement of a senior secured credit facility for CXtec Inc. (CXtec), a portfolio company of Falcon Investment Advisors, LLC (Falcon). Proceeds from the transaction were used to refinance existing senior indebtedness and pay transaction-related fees and expenses. The transaction closed on August 24, 2026.

Founded in 1978 and headquartered in Syracuse, New York, CXtec is a full-service IT lifecycle management platform specializing in the sourcing, refurbishment, and resale of secondary market IT assets. The company also provides structured data center cabling, new hardware sales, and equipment service. Through long-standing supplier and customer relationships, CXtec has established itself as one of the largest secondary market network hardware suppliers in North America.

Falcon is a Boston-based private investment firm focused on providing flexible junior capital investments to middle-market businesses. Falcon has backed both sponsored and non-sponsored companies across North America, with a focus on businesses operating in the food and beverage, information technology, education and training, healthcare, and business services sectors. Since its founding, Falcon has invested over $5 billion of capital across more than 135 transactions.

Houlihan Lokey’s Capital Solutions Group served as the exclusive placement agent to CXtec, assisting the company in arranging, structuring, and negotiating the financing with U.S. Private Credit Investments (PCI), a division of BTG Pactual Global Alternatives.

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