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.”

About Amerisource Business Capital Amerisource is a leading independent direct lender and provider of capital to small and lower middle market businesses seeking senior debt and equity for growth capital, turnaround, or special situations. Founded in 1984, we’ve provided over $2 billion in financing to over 1,600 companies across the US and Canada. Our deep experience and expertise in complex situations allow us to deliver creative structures that maximize liquidity for our clients.