|Deal Type||Debt Capital Markets|
Senior Secured Credit Facilities
|Client & Transactional Partners||ALCOM, LLC||Our Role||
Joint Lead Arranger
On November 19, 2021, KeyBanc Capital Markets (“KBCM") successfully closed on the syndication of an aggregate $80 Million in Senior Secured Credit Facilities (the “Credit Facilities”) for ALCOM, LLC (“ALCOM” or the “Company”). The Credit Facilities consist of a $15 Million Revolver and a $65 Million Term Loan. Proceeds of the Credit Facilities will be used to fund the acquisition of Triton Trailers, LLC, refinance existing indebtedness, and finance working capital and general corporate purposes. KBCM acted as Joint Lead Arranger, Joint Bookrunner and Administrative Agent on the transaction.
KBCM was selected to lead the transaction given our long-standing relationship with the Company’s sponsors forged by the Buffalo Commercial Banking team, KBCM’s robust Debt Capital Markets platform in the middle market, and strong track-record of successful transaction execution.
Founded in 2005 and headquartered in Winslow, Maine, ALCOM is the country’s leading aluminum trailer manufacturer, selling a differentiated portfolio of premium open and enclosed aluminum trailers for industrial, commercial, and recreational hauling purposes. The Company sells directly to over 575 dealers and manufactures nearly all of its products to order, using a semi-customized lineup with hundreds of potential configurations – giving the customer the exact product they want. In December 2020, the Company was purchased by a consortium of investors consisting of Landon Capital Partners, Ironwood Capital, Valley Ridge Investment Partners, along with existing management.