Cole Taylor Business Capital, a division of Cole Taylor Bank, announced the funding of a $12.1 million senior debt facility in support of the acquisition of ATS Workholding, Inc. (“ATS”) by Grey Mountain Partners, a private equity firm based in Boulder, Colorado. ATS, headquartered in Rancho Santa Margarita, California, is a manufacturer and distributor of workholding and automation accessories for CNC machine tools in North America.

Cole Taylor Business Capital is the asset-based lending division of Cole Taylor Bank and seeks lending opportunities in the $5 million to $50 million range and is offering dedicated syndication opportunities of up to $100 million.