North Mill Capital provided a $7 million ABL revolver and a $1.575 million equipment term loan to Aerospace Manufacturing Group.
The proceeds were used for acquisition financing and working capital.
Aerospace Manufacturing Group has been a value-added supplier of precision components and subassemblies to the aerospace industry since 1941.
“North Mill Capital was extremely responsive throughout the process allowing us to meet a very pressing acquisition timeline,” said Kelly Kellar, president of Aerospace Manufacturing