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

Print

Configure Partners Advises Aterian on its Acquisition Financing for Allentown Holdings

June 03, 2022, 07:00 AM
Filed Under: Industry News


Configure Partners acted as exclusive financing advisor to Aterian Investment Partners (“Aterian”) in securing committed debt capital to support Aterian’s acquisition of Allentown Holdings, LLC (“Allentown” or “The Company”), a leading provider of vivarium lab solutions serving the biomedical pre-clinical research and broader life sciences industries.

Configure acted as the exclusive financing advisor to Aterian in connection with securing debt financing to facilitate the acquisition of Allentown. Configure supported all aspects of the debt financing process including lender approach, structuring, and negotiating the financing-related documentation for the acquisition.

“Configure acted as an extension of our deal team and delivered an attractive financing package on an extremely tight timeline. We are excited about our partnership with Allentown, particularly as the inaugural investment in our newest fund”, said Daniel Phan, Managing Director at Aterian.

Doug Clarida, a Managing Director at Configure, commented, “We are thrilled to have worked with Aterian and Allentown on this transaction. The partnership of Aterian and Allentown will continue to grow and enhance the Company’s products and solutions which are critical for biomedical pre-clinical research and broader life science companies.”







Comments From Our Members

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