Crown Partners Arranges $30 Million in Senior Debt for a First Time ABL Borrower

Crown Partners’ latest Case Study discusses the successful arrangement of $30 Million of senior debt for a first-time ABL borrower. The client, a sponsor-backed industrial manufacturer, sought to leverage their asset base to support growth ambitions. Crown Partners’ specialized ABL knowledge and deep relationships in the sub-market put the client in a position to 1) prepare for the nuances of an ABL process, 2) to secure the best terms and 3) to ensure success post-closing with an enhanced financial reporting infrastructure. 

Crown Partners created a competitive and tailored process, which led to receiving 12 term sheets from both banks and non-banks. The accretive solution was provided by a leading national bank, who not only provided an advance on working capital, but also fixed assets and intellectual property. 

The case study can be found here.

ABOUT CROWN PARTNERS

Crown Partners is a boutique investment bank focused exclusively on middle market asset-based finance. The firm serves private equity sponsors, direct lenders, and public company boards of directors, who entrust Crown to solve complex working capital objectives.  The firm consistently delivers superior results for our clients across a wide range of industries, maximizing liquidity and financial flexibility. Crown Partners has offices in New York, Chicago, West Palm Beach, and Manila.