FNBCP Mezz Debt, Equity Investment to Support Auburn Gear Buy
FNBCP announced a mezzanine debt and equity investment in Auburn Gear. The mezzanine debt and equity investment supported the acquisition of Auburn Gear, which was led by North River Capital, an equity firm, and Marty Palmer, president of the company.
David at First Financial was a huge source of support and played a key role in helping to put the transaction together.
Auburn, IN-based Auburn Gear is a designer and manufacturer of custom engineered wheel drives, axle drive components, and specialty drives for diverse mobile equipment AGIapplications and automobiles.