Amerisource Closes Direct Equity Co-Investment for Industrial Coatings Plant

Amerisource Business Capital closed and funded a direct equity co-investment alongside a Houston-based private equity firm for an industrial coatings plant.

“Amerisource was able to provide a debt and equity commitment for the startup company and its experienced management team,” Bill Herrington, EVP for Amerisource, said. “The firm is owned by an established and proven independent sponsor with a portfolio of businesses in the industrial sector. We are excited to onboard this new client into our growing private equity portfolio and look forward to our continued partnership with the private equity sponsor.”

Founded in 1984, Amerisource is a direct lender and capital provider to businesses throughout the United States with borrowing needs up to $25 million.