Amerisource Closes $15,000,000 Working Capital Facility for Labor Solutions Provider
Release Date: 07/05/23
Amerisource Closes $15,000,000 Working Capital Facility for Labor Solutions Provider
Amerisource Business Capital announced the closing and funding of a $15,000,000 working capital facility for a Texas-based labor solutions provider serving the manufacturing, warehousing, and logistics industries. The proceeds were used to support the company’s ongoing growth and expansion.
Joseph Petri, Market Manager for Amerisource, stated: “We are excited to assist this company as they grow and expand their services. We look forward to their continued success.” Bill Herrington, EVP of Amerisource added, “this private equity-backed marketplace company is providing on-demand labor for managers who require flexibility when dealing with changes in demand. We are excited to partner with this innovative management team.”