Daily News: April 24, 2014

FirstMerit Bank Closes $10MM Revolver to IMEX

FirstMerit Bank Business Credit announced it closed a new $10 million revolving credit loan facility to IMEX Global Solutions on March 20, 2014.

IMEX Global Solutions is a portfolio company of Lion Equity, a Denver-based private equity firm. Proceeds of the facility were used to refinance existing debt and provide growth capital.

IMEX Global Solutions, headquartered in Newark, NJ, is a leading provider of international mail logistics and distribution services to Fortune 1000 corporations and global e-commerce companies globally.