FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Triangle Capital Invests $13.2MM in PetroLiance

February 20, 2014, 07:17 AM
Filed Under: Distribution

Triangle Capital Corporation announced that it closed a $13.2 million investment in PetroLiance, LLC consisting of subordinated debt and equity. Headquartered in Raleigh, NC, PetroLiance is a leading value-added, specialty distributor of industrial, commercial and passenger vehicle lubricants, fuel and ancillary products and services.

Triangle Capital Corporation invests capital in established companies in the lower middle market to fund growth, changes of control and other corporate events. Triangle offers a wide variety of investment structures with a primary focus on mezzanine financing with equity components.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.