White Oak Global Advisors provided a term loan to Benada Aluminum Products, an aluminum extrusion operation servicing building product, distribution, storm protection and industrial customers across the Southeast. The transaction was made alongside an asset-based loan facility from White Oak Commercial Finance, an affiliate of White Oak Global Advisors, and supported the acquisition of Benada Aluminum Products by Shadowbriar Capital Partners, a Los Angeles based private equity firm that seeks to make control investments in lower middle-market industrial businesses. White Oak provided a total of $32.5 million in committed debt capital as part of the transaction.
“Benada is renowned in the region for its short customer lead times and excellent product quality, and it has been a privilege to support their next chapter with Shadowbriar,” Mark Smith, managing director at White Oak Commercial Finance, said. “The transaction is yet another example of White Oak’s ability to move quickly and offer flexible solutions to industrial businesses.”
“Benada is a very exciting investment opportunity for us,” Matt Homme, founder of Shadowbriar Capital Partners, said. “We look forward to facilitating the company’s growth story and thank WOCF for being a trusted partner in the transaction.”
