The Nicola Wealth Private Debt team is pleased to announce its fund’s realization of a first lien term loan led by Golub Capital to Parts Town, a portfolio company of Berkshire Partners, Leonard Green & Partners, and Roark Capital. Proceeds from the financing were used for strategic acquisitions and general corporate purposes.
Founded in 1987 in Addison, Illinois, Parts Town is the leading global distributor of genuine OEM repair and maintenance parts for the foodservice industry. With an extraordinary commitment to customer service and innovation and an industry-leading e-commerce platform, Parts Town provides unique, customized parts and service solutions to food equipment manufacturers, food equipment service providers, and restaurants globally.
The Nicola Private Debt Fund is an active private lender, managed by the Nicola Wealth Private Debt Team, that provides first lien, unitranche and subordinated debt financing primarily to profitable North American middle market companies.
Learn more here: https://nicolawealth.com/private-capital/strategies/private-debt
