Daily News: September 18, 2014

White Oak Supports Imaging Equipment Company Expansion

White Oak Global Advisors provided a $17MM term loan to a reseller, support and services company in the digital imaging equipment sector. White Oak served as administrative agent and sole lender.

Proceeds will be used to acquire a similar business in a new geography to expand the company’s footprint as well as to refinance existing indebtedness.

Located in the midwest and employing approximately 115 people, the company’s product line includes digitally connected copiers, color copiers, printers, wide format copier printers, and multifunctional systems.