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Amerisource Business Capital Supports Leveraged Buyout of Texas-Based Logistics Firm

March 20, 2020, 09:00 AM
Filed Under: Logistics

Amerisource Business Capital announced the closing of $10 million in credit facilities to complete the leveraged buyout of a transportation and logistics company located in Texas. Amerisource provided term facilities to finance the acquisition, as well as a revolver to support ongoing working capital needs.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new client.  Amerisource worked with the buyer and its investment banker to complete the deal, and the surviving entity expects to see significant accretion to its revenue and earnings almost immediately.”

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