The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Garrington Capital Provides $12MM Equipment Financing to Support Strategic Acquisition in Automotive Supply Sector
Lenders/Participants
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Garrington Capital [Co-Agent]
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Structure
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Equipment Financing Facility
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Amount
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$12.000
Million
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Borrower(s)
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Undisclosed - Automotive Supplier
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Description
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The borrower, a manufacturer specializing in forged steel components, will use the Credit Facility to acquire a complementary business operating in the same sector. With significant unencumbered equipment on hand and substantial real estate backing, the borrower was able to unlock liquidity to complete the transaction.
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Industry
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Automotive
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Location
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OH
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Related Tags |
Automotive, Garrington Capital
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ABL Advisor
Deal Tables
2025
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