Abacus Finance Group served as administrative agent and sole lender for $14.5 million in senior secured credit facilities to support the leveraged buyout of Behrens Manufacturing by Mill City Capital.

Founded in 1911 and headquartered in Winona, MN, Behrens manufacturers branded metal containers used in  consumer and professional applications.

Mill City Capital, a private equity firm based in Minneapolis, manages and invests in companies located in the Midwestern U.S. and Central/Western Canada in the industrial and consumer sectors.

“It was our first time working with Abacus Finance,” said Lisa Kro, managing director of Mill City Capital. “And we were thrilled with the results.”

Abacus Finance is a direct lending company, focused on providing cash flow senior financing to private equity-sponsored, lower-middle market companies nationwide.