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Amerisource Provides Direct Equity Co-Investment, Senior Debt Commitment for Coatings Plant

January 08, 2021, 07:50 AM
Filed Under: Manufacturing

Amerisource Business Capital closed and funded a direct equity co-investment alongside a Houston-based private equity firm for an industrial coatings plant which will support the underserved steel product OEMs and fabricators in Texas.
Bill Herrington, EVP for Amerisource stated, “Amerisource was able to provide a debt and equity commitment for the start-up company and its experienced management team.  The firm is owned by an established and proven independent sponsor with a portfolio of businesses in the industrial sector. We are excited to onboard this new client into our growing private equity portfolio and look forward to our continued partnership with the private equity sponsor.”

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