Amerisource Business Capital closed and funded a $4 million senior credit facility for a Texas-based energy services firm. Following a recent merger, the proceeds were used to provide working capital for the company’s ongoing needs.
“We were approached by the company’s Louisiana-based private equity sponsor and worked closely with them to underwrite and close this facility in a short timeframe,” Allison Billings, regional market manager for Amerisource, said.
“We are pleased to onboard this respected private equity sponsor and their portfolio company and look forward to supporting their continued growth,” Bill Herrington, EVP of Amerisource, said.
