Garrison Investment Group LP and Wells Fargo Capital have supported Peak Rock Capital‘s recapitalization of ProFusion Industries, a maker of transit matting, protective linings and custom design specialty film products. Garrison provided a $21 million credit facility while Wells Fargo Capital Finance provided $10 million in financing.
Garrison Investment Group LP announced the funding of a $21.0 million term loan credit facility, in conjunction with a $10.0 million asset-based revolving credit facility provided by Wells Fargo Capital Finance, to ProFusion Industries, LLC (“ProFusion” or the “Company”), a leading manufacturer and distributor of transit matting, protective linings, and custom design specialty film products. Proceeds from the transaction were used to finance the debt recapitalization of the Company. Peak Rock Capital, an Austin, Texas based private equity firm, acquired ProFusion in March 2014. Garrison Loan Agency Services acted as administrative agent on the transaction.
About Peak Rock Capital:
Peak Rock Capital is a leading middle market private equity firm that makes debt and equity investments in companies in North America and Europe. Peak Rock focuses on investing in opportunities where it can support senior management in driving rapid growth and profit improvement through operational and strategic change. Peak Rock’s principals have deep expertise in complex situations and cross border transactions, with the ability to provide tailored capital solutions and close transactions quickly where speed and certainty are priorities. For more information about Peak Rock Capital, please visit: www.peakrockcapital.com.
About Garrison Investment Group:
Garrison Investment Group LP and its affiliates
(“Garrison”) is an alternative investment and asset management firm founded in March 2007 and headquartered in New York. Garrison focuses on deploying capital across its corporate finance, real estate, consumer finance and structured credit investment strategies. Garrison Corporate Finance provides credit solutions to underserved middle market and lower middle market companies across a broad range of industries that are primarily based in the United States. For more information about Garrison Investment Group, please visit: http://www.garrisoninv.com