Madison Capital Funding closed a senior debt facility to finance the Leveraged Buyout of Auveco Products by Tenex Capital Management, the lender announced. Madison Capital Funding served as the Joint Lead Arranger. Further terms were not disclosed.
Auveco Products is a provider of specialty fasteners and body hardware used by customers in the automotive and industrial end markets.
Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products. Since inception, Madison Capital Funding has invested $28.1 billion in over 1,050 middle market transactions with more than 285 private equity sponsors.
The loan discussed does not represent an account’s entire portfolio and in the aggregate, may represent only a small percentage of an account’s portfolio holdings. A complete list of all holdings is available upon request; please contact firstname.lastname@example.org. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein. MCF #1762541