Madison Capital Funding closed a senior debt facility to finance the Recapitalization of Harmar Mobility, LLC by Cortec Group. Madison Capital Funding was Joint Lead Arranger and Administrative Agent. Further terms were not disclosed.
Harmar Mobility, LLC is a leading manufacturer of wheelchair lifts for automobiles, stair lifts for the home, and residential and commercial vertical platform lifts.
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 $32.3 billion in 1,144 middle market transactions with 294 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 #1811673