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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