Madison Capital Funding closed a senior debt facility to finance a leveraged buyout of Stainless Hose Fittings by Harbour Group. Madison Capital Funding was the Sole Lender and Administrative Agent. Further terms were not disclosed.
Stainless Hose Fittings is a distributor of stainless adaptors, fluid power fittings, instrumentation fittings and valves for a variety of end markets, including marine, industrial, chemical and oil and gas.
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 $36.6 billion in 1,243 middle market transactions with 315 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 media@mcfllc.com. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein.
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