Fifth Third Business Capital provided $29 million financing including a revolving credit facility, term loan and capital expenditure line of credit to Washington, PA-based Precision Marshall. The facility was used for a refinance and growth financing.
Precision Marshall is a leading value-add supplier of prefinished tool steel and alloy plates, ground flat stock, and drill rod to distributors/ service centers across the globe. The Company’s products are used primarily by tool-builders to manufacture dies and molds that produce metal and plastic components for a variety of end markets, including automotive, appliance, and aerospace. Precision Marshall is a portfolio company of Live Ventures, Inc.