Daily News: August 22, 2014

GE Capital Co-Leads Financing to Support Olympus Acquisition

Private equity firm Olympus Partners announced it has acquired Innovative XCessories & Services, a provider of up-fit services and accessories to the automotive aftermarket and OEMs. Details of the transaction were not disclosed.

Olympus said debt financing to support the transaction was led by GE Capital and The Bank of Ireland.

Stamford, CT-based Olympus Partners is a private equity firm focused on providing equity capital for middle market management buyouts and for companies needing capital for expansion.