Amerisource Provides a Direct Equity Co-Investment and Senior Debt Commitment for Texas-based Coatings Plant


Release Date: 01/07/21


Amerisource Provides a Direct Equity Co-Investment and Senior Debt Commitment for Texas-based Coatings Plant

Business Capital announced the closing and funding of 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.”

About Amerisource Funding | Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the United States with borrowing needs up to $20 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to over 1,600 companies across the U.S. Our deep experience and expertise in complex situations allows us to deliver creative solutions that maximize liquidity and flexibility for our clients. Amerisource has clients and offices located throughout the United States. https://amerisource.us.com

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