Amerisource Business Capital closed a $7 million senior credit facility to support an industrial printing company. The financing was used to facilitate an acquisition and provide working capital to support ongoing operations and growth.
“This funding is a great example of how we’re able to support acquisitions with tailored financing solutions,” Grant Flamang, market manager at Amerisource, said. “We provided a facility backed by accounts receivable and inventory to help the private equity group acquire the company and inject additional capital for ongoing growth. We’re proud to have played a role in this transaction and appreciate the trust the PE group placed in us. We are excited to see the continued success and momentum from this partnership!”
