Like we said, deals are flying. SMART gets $125M
SMART Modular Technologies, a Silicon Valley (Fremont) provider of memory products, in a deal we haven't quite fully comprehended, has just announced $125 million in "new financing," apparently from the sale of debt, and an additional $35 million line of credit. Texas Pacific Group and Francisco Partners are involved.
UPDATE: See comment, below, for how the transaction worked.