Aequum Capital funded $9.1 million in credit facilities for a regional provider of metal stamping and fabrication solutions. The credit facilities will support the company’s ongoing working capital and future growth needs with a revolving line of credit and equipment term loan.
Aequum Capital led a $45 million revolving credit facility for a Midwest-based manufacturing and distribution company. The facility will provide increased liquidity to the company as it continues to execute its acquisition strategy.
Aequum Capital closed a $5 million revolving credit facility to support the continued growth of LandscapeHub, a company that connects landscape buyers and suppliers through an online marketplace.
Aequum Capital closed $21.6 million in credit facilities for a freight management and logistics company providing hauling services in New Mexico and the Rocky Mountain region.
Aequum Capital closed $7.1 million in credit facilities to support Kepler Capital’s acquisition of a regional heavy-duty commercial vehicle towing company. The credit facilities include a working capital revolver, a cash flow-based term loan and delayed-draw term loan.
Aequum Capital closed an increase to a revolving credit facility for a Midwest-based technology-focused independent online pharmacy, bringing the facility’s total commitment to $9 million.
Aequum Capital closed a $7.3 million credit facility for a Texas-based manufacturer that develops and manufactures specialty nonwoven product solutions for the automotive, industrial and consumer markets.
Pilot Wave Holdings, a technology-focused acquisition and growth firm, closed on a $6 million credit facility with Aequum Capital, which will provide working capital to support continued growth and acquisitions of additional portfolio companies.
Aequum Capital expanded its revolving line of credit led by Texas Capital Bank to $60 million by adding Wells Fargo to the bank lending group. This new financing will further augment Aequum’s significant equity base led by Castlelake.
Aequum Capital closed a $7.5 million credit facility to a distributor and retailer of small household appliances. The line of appliances are sold through national retailers and e-commerce channels.