The Partner Companies (TPC), a U.S.-based advanced manufacturing company, completed a $200+ million syndicated credit facility led by Huntington Bank. The transaction strengthens TPC’s capital base and provides long-term flexibility to support the company’s strategic initiatives and growth.
Closed on Sept. 30, the facility provides permanent capital for existing operations, growth capital for organic initiatives and capital investments and funding for inorganic initiatives, including mergers and acquisitions. The financing backs TPC’s foundation to accelerate growth across its 11 specialized manufacturing brands.
The transaction comes as TPC experiences significant growth momentum across its core sectors. The capital will support facility expansions, equipment investments and continued strategic growth of TPC’s integrated manufacturing capabilities.
“This facility reinforces our long-term commitment to building a resilient and innovative advanced manufacturing leader,” Christian Streu, chief financial officer of TPC, said. “Operating as one integrated company across specialized brands, TPC is uniquely positioned to solve complex challenges that demand precision, consistency and cross-capability collaboration. This investment allows us to expand where demand is strongest and accelerate our commitment to next-generation technology and talent.”
Patrice DeCorrevont, Illinois/Wisconsin region president at Huntington Bank, said, “Huntington Bank is committed to helping businesses thrive and we are incredibly proud to partner with TPC on this important effort. This facility supports TPC’s approach to advancing private companies that drive leading-edge manufacturing technologies. Our partnership provides long-term capital to back the continued growth and evolution of TPC’s platform, both in the U.S. and across global markets.”
