Fifth Third Business Capital Provides $40MM Credit Facility to Performance Designed Products

Fifth Third Business Capital Provided a $40 million credit facility for Diversis Capital’s acquisition of Performance Designed Products. Mark Looft, managing director of asset-based lending, Jeff Seiden, director and underwriting manager, and Jake Sklena, principal, made up the deal team for Fifth Third. .

Performance Designed Products is a provider of licensed peripherals and accessories for video game platforms.

Founded in 2013, Diversis Capital is a software and technology focused private equity fund that invests in lower middle-market companies.