BMO Harris Bank’s Asset Based Lending group, a leading provider of middle market asset based finance solutions, announced it was administrative agent for $27.5 million in senior credit facilities to True Temper.
True Temper is the leading designer, manufacturer, and supplier of golf club shafts worldwide. The company is the dominant player in the steel golf shaft market with over 70% global market share and is the 3rd largest manufacturer of graphite golf shafts globally. The company is also a fast growing manufacturer of performance sports products with a current focus on hockey and lacrosse.