Daily News: July 23, 2012

Triangle Capital Invests $7.2 Million in Eckler Holdings


Triangle Capital Corporation, a provider of capital to lower middle-market companies, announced that it closed a $7.2 million investment in Eckler Holdings, Inc., consisting of subordinated debt and equity.

Eckler’s is a large multi-channel marketer of restoration parts and accessories for classic and enthusiast cars and trucks. Eckler’s products are primarily marketed to consumer enthusiasts and small business classic car restorers.

Triangle Capital Corporation invests capital in established companies in the lower middle market to fund growth, changes of control and other corporate events.