Daily News: August 1, 2012

BMO Harris Bank Provides $59 Million for OakRiver Acquisition


BMO Harris Bank’s Sponsor Finance group, a provider of middle-market leveraged finance solutions, announced it was the joint lead arranger, joint bookrunner and is administrative agent for $59 million in credit facilities to support the acquisition of OakRiver Technology Corp. by PaR Systems, Inc., and MML Capital Partners.

PaR Systems designs, engineers and integrates automation and materials handling equipment for a variety of specialized industries.