Amerisource Closes $4MM Credit Facility for Power Management Firm

Amerisource Business Capital funded a $4 million credit facility for a Texas-based manufacturer of lift and power management systems. The proceeds were used to refinance existing bank debt and to provide additional growth capital

 “We are very excited to welcome this company as an Amerisource client,” said Allison Billings, regional market manager for Amerisource. “The management team has a ton of experience in this industry and they were a pleasure to work with throughout the process. 

Bill Herrington, EVP of Amerisource added, “the private equity group backing this company is a leader in the power management space and we are looking forward to our continued partnership with them.”