First Citizens Bank announced its Middle Market Banking business served as lead arranger on acquisition financing for Nashville-based Encore Luxury Coaches, a leading provider of luxury entertainment travel.

The financing supports Encore's strategic acquisition of Nitetrain Coach Company, which creates the largest entertainer coach leasing company in North America with a fleet of more than 145 coaches. The acquisition will also expand Encore's leasing and coach conversion operations; the combined company will have offices in Phoenix, AZ; Cornelius, NC; and Nashville, TN with over 85,000 square feet of maintenance facilities and over 25 maintenance technicians.

"We appreciate First Citizens' efficiency and precision in arranging acquisition financing, which will enable us to deliver our premium service to even more clients in the growing entertainment industry," said Justin Ward, CEO of Encore.

First Citizens Middle Market Banking worked closely with its Capital Markets division to arrange the financing.

"This deal demonstrates the expertise across First Citizens Bank with our Capital Markets group playing an instrumental role in placing and negotiating this acquisition financing," said Eric Searls, Managing Director at First Citizens Bank. "We are pleased to support Encore's strategic business endeavors and look forward to serving more of their banking needs."