Strategic Textile Buyer Acquires Textile Supplier with $15 Million Asset-Based Lending
June 26, 2024
ACT Capital Advisors arranged $15 million of acquisition financing (asset-based lending) to support a strategic buyer’s acquisition of a textile supplier. The article describes the target as a textile/fabric producer supplying fashion, apparel, and home furnishings across the U.S., and notes the lender financing helped enable the acquisition.
- Buyers
- Strategic textile buyer (name not disclosed)
- Targets
- Textile supplier (name not disclosed)
- Industry
- Transportation
- Location
- United States
- Transaction Type
- Buyout
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