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Encina Business Credit Closes $72.5MM Credit Facility for HVAC Provider

October 01, 2020, 08:30 AM
Filed Under: HVAC

Encina Business Credit, LLC announced that it has provided a $72.5 million senior secured credit facility to a leading manufacturer and distributor of heating, ventilating and cooling products used in both residential and commercial  applications.

The credit facility, comprised of both a revolver and term loan, provided acquisition capital to a leading global alternative investment firm.

Encina’s expedient and flexible approach, hallmarks of its execution in all transactions, were important differentiators that allowed the acquirer to meet the seller’s expectations for a quick closing.

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