Amerisource Business Capital Secures New Upsized $310 Million Leverage Facility from Texas Capital as Administrative Agent

Michael Monk, Managing Partner of Amerisource, stated “We are thrilled to work with Texas Capital on this successful syndication supporting our asset management platform, Amerisource Business Capital.  This transaction represents an important milestone and further expands our capacity to deliver flexible capital solutions to lower middle market companies.  In combination with both our affiliated private equity and private credit fund platforms, the expanded facility enhances our ability to serve our clients while supporting the continued growth and scale of our business.”

Bill Herrington, EVP of Amerisource, added “We are especially appreciative of the strong support from a highly regarded group of regional and national banking institutions, many of whom have maintained longstanding relationships with Amerisource and share our commitment to serving the middle market.”

Steven Katz, Managing Director, Commercial Lender Finance at Texas Capital, commented "Amerisource, under the expert leadership of its management team has firmly established itself in the asset-based lending space, and we are proud to support their growth and to work with a firm that provides meaningful capital to businesses throughout the U.S.”

Amerisource is a leading independent direct lender and provider of capital to small and lower middle market businesses seeking $2 million to $25 million in senior debt and equity for growth capital, turnaround, or special situations. Founded in 1984, Amerisource has provided over $2 billion in financing to growing companies across the United States and Canada. Our deep experience and expertise in complex situations allow us to deliver creative structures that maximize liquidity and flexibility for our clients and private equity sponsor partners.  For more information, visit www.amerisource.us.com or contact an Amerisource team member.

Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank ("TCB"). TCBI Securities, Inc., doing business as Texas Capital Securities, is a subsidiary of Texas Capital Bancshares, Inc., and an affiliate of TCB. TCBI Securities, Inc. is a member of FINRA and SIPC and has registered with the SEC, MSRB, and other state securities regulators as a broker dealer. Texas Capital is the collective brand name for TCB and its separate, non-bank affiliates and wholly owned subsidiaries. Texas Capital is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. Founded in 1998, Texas Capital is headquartered in Dallas with offices and financial centers in Austin, Houston, San Antonio and Fort Worth and has built a network of clients across the country. With the ability to service clients through their entire lifecycles, Texas Capital has established commercial banking, consumer banking, investment banking and wealth management capabilities. Deposit and lending products and services are offered by TCB. For deposit products, Member FDIC. For more information, please visit texascapital.com.