Daily News: March 18, 2013

Focus Management Facilitates $116MM Refinance of Dana Transport

Focus Management Group, a national management consulting firm, announced that it facilitated the $116 million refinance of the senior credit facilities of Dana Transport.

As financial advisor to Dana, Focus sourced the revolving credit and real estate term facilities and coordinated all due diligence efforts with the new senior lenders to help ensure a successful syndication.

The new financing will provide Dana with improved terms, greater flexibility and will support the Company’s ongoing growth strategy.

Dana is a liquid bulk transport carrier in North America and provides local, regional and long-haul service through an extensive network of terminals. Dana’s liquid bulk service capability includes chemicals, consumer products, agricultural products, food and beverage products and pharmaceuticals.

Overseeing Focus’ engagement was J. Tim Pruban, the president and founder of Focus Management Group, and Michael Grau, a managing director of Focus Management Group.

Focus Management Group provides nationwide professional services in management consulting, business restructuring and operational improvement.

Previously on abfjournal.com:

CIT Serves as Lead Arranger in Financing for Dana Transport, Monday, February 04, 2013