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The PrivateBank Provides $25MM Facility to Veritas Steel

October 28, 2015, 07:27 AM
Filed Under: Metals and Mining

The PrivateBank announced it has provided a $25 million credit facility to Veritas Steel, a leader in the steel bridge fabrication industry. Headquartered in Lisle, Ill., the company has facilities in Eau Claire and Wausau, Wisc., and Palatka, FL.

Veritas is a portfolio company of Atlas Holdings. Atlas Holdings is a diversified investment company that focuses on manufacturing, distribution, service and trading businesses undergoing complex financial and operational challenges.

The PrivateBank is a part of PrivateBancorp, Inc., and delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities it serves. As of September 30, 2015, the company had 35 offices in 12 states and $16.9 billion in assets.

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