STAMFORD – August 4, 2022 - WhiteHorse Capital has agented a new senior secured credit facility for Wynnchurch Capital (“Wynnchurch”) to finance the acquisition of FCA, LLC (“FCA” or “Company”). Founded in 1985 and headquartered in Moline, IL, FCA is a national supplier of customized protective industrial packaging solutions.
“We are excited to partner with the WhiteHorse Capital team on another transaction. Their ability to move quickly in dynamic market conditions was unique and we appreciate their efforts to facilitate a successful closing,” said Neel Mayenkar, Partner at Wynnchurch Capital.
Gina Provenzale, Managing Director at WhiteHorse Capital, added, "We look forward to working with Wynnchurch, and to supporting the management team and FCA as they execute on their growth strategy."
FCA is a national supplier of customized protective industrial packaging solutions to blue-chip OEMs across a variety of end-markets. The Company is substrate agnostic and provides solutions across various material types to serve multiple customer requirements. FCA is strongly embedded in its customers' value chains, operating out of 34 facilities across 17 states located in close proximity to customer facilities.
About WhiteHorse Capital
WhiteHorse Capital offers flexible, creative lending solutions to middle market companies across a wide range of industries, including Telecom, Media and Technology, Healthcare, Business Services and Financial Services. WhiteHorse has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. WhiteHorse professionals, across the U.S. and Europe, have extensive experience and a proven track record of providing creative financing structures and employing a long-term relationship-oriented portfolio management philosophy. For more information, please visit our website at www.whitehorse.com.