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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
White Oak, Tiger Finance Provide $90MM ABL Facility to Support TerraMar Capital’s Acquisition of U.S. Metals Distributor
Thursday, December 22, 2022
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Lenders/Participants
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White Oak Commercial Finance [Lender]
Tiger Finance, LLC [Lender]
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Structure
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$80MM Revolver; $10MM Term Loan
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Amount
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$90.000
Million
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Borrower(s)
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TerraMar Capital LLC,
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Description
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White Oak Commercial Finance provided a $80 million revolver to a Midwest-based distributor and value-added service provider of specialty metal products with operations throughout the United States. Additionally, Tiger Finance, LLC, a subsidiary of Tiger Capital Group, LLC, provided a $10 million term loan to the Company. The proceeds were used to support the Company’s working capital growth, and to finance its acquisition by TerraMar Capital LLC, a Los Angeles-based investment platform providing debt and equity capital to middle-market businesses. The financing provided availability against the Company’s accounts receivable, inventory and equipment.
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Industry
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Distribution
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Location
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CA
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| Related Tags |
Tiger Finance, White Oak Commercial Finance
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ABL Advisor
Deal Tables
2025
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