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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MB Business Capital Provides $23.7MM Credit Facility to Shawnee Tubing Solutions
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Lenders/Participants
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MB Business Capital [Lender]
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Structure
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Senior Credit Facility
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Amount
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$23.700
Million
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Borrower(s)
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Shawnee Tubing Solutions, LLC
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Description
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The transaction was part of an acquisition of select assets from Shawnee’s previous parent Wolverine Tube, Inc. A group of investors led by the former VP/GM, Greg Gallman purchased Wolverine Tube Inc.'s manufacturing plant and select assets in Shawnee, Oklahoma and plans to keep the facility operational. Gallman now leads the company as its CEO. MB’s credit facility was used to support the acquisition and to fund working capital needs going forward. Transaction details not disclosed.
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Industry
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Manufacturing
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| Related Tags |
MB Business Capital
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ABL Advisor
Deal Tables
2025
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