Amerisource Business Capital successfully closed and funded a $7,000,000 working capital/acquisition facility for a Texas-based equipment service provider to the oil and gas industry. The acquisition will triple the firm's size.
Bill Herrington, EVP at Amerisource, stated, “We are pleased to support this respected independent sponsor on a recent acquisition. Our ability to move quickly and to prepare the documentation internally allowed the firm to quickly close with limited closing costs.”