Opus Bank’s Commercial Banking division provides acquisition financing to support growth initiatives and refinance existing debt allowing a White Wolf Capital LLC controlled entity to purchase Fall Machine Company, Inc.
Overview of Transaction
White Wolf Capital LLC (“White Wolf Capital”) is a private equity firm that began operations in late 2011 and is focused on management buyouts, recapitalizations, and investments in leading middle-market companies.
Opus Bank (“Opus”) provided initial financing for the acquisition of White Wolf Capital’s platform company as well as follow-on financing for a strategic acquisition. In March 2016, Opus provided $2,900,000 for the acquisition of Fall Machine Company, Inc. and to rebalance its capital structure.
Opus also provided $1,000,000 in lines of credit for working capital and equipment financing purposes.
Significance of Transaction
The acquisition, working capital, and equipment financing enabled White Wolf Capital to execute an acquisition in a targeted industry, expanding production capacity, manufacturing capabilities, and its geographic footprint.
The financing assists White Wolf Capital to further execute their acquisition roll up strategy and long-term growth.
Opus Bank's Role
Opus acted as a strategic partner that is proactive and reliable in delivering trusted financial solutions integral to the execution of White Wolf Capital’s long-term business plan.
Opus provided efficient and timely execution of White Wolf Capital’s financial solution to meet acquisition requirements.
Opus continues to work closely with White Wolf Capital as they look at additional acquisitions and consults on both strategy and structure.