Amerisource Closes $10MM Credit Facility for Transportation & Logistics Firm
Amerisource Business Capital closed $10 million in credit facilities to complete the leveraged buyout of a transportation and logistics company located in Texas. Amerisource provided term facilities to finance the acquisition, as well as a revolver to support ongoing working capital needs.
“We are pleased to welcome this new client,” said Daniel Martinez, regional market manager for Amerisource. “Amerisource worked with the buyer and its investment banker to complete the deal, and the surviving entity expects to see significant accretion to its revenue and earnings almost immediately.”