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Home Deal Announcements

North Mill Provides $8.5MM Facility to Aerospace Manufacturing

bynadine
September 16, 2019
in Deal Announcements

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

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