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Amerisource Closes $10MM Acquisition Facility for Existing Client

January 18, 2024, 08:00 AM
Filed Under: Energy Services

Amerisource Business Capital closed and funded a $10,000,000 acquisition and working capital facility for a Texas-based provider of wireline solutions, including perforating, logging, pipe recovery, and other wireline services to the US energy industry. The proceeds were used to enable the Company to strategically acquire a competitor to enhance its growth throughout Texas and Oklahoma.  

Doug Forbes, Market Manager for Amerisource, stated: “We are excited to help our client, one of the leading wireline service companies in the industry, acquire a leading competitor that will expand their product lines and profitability.”







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