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Nicola Wealth Provides Acquisition Financing for George Industries

January 26, 2023|1 min read
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Nicola Wealth Private Capital is pleased to announce its participation in a first lien term loan financing led by Manulife Investment Management to support the strategic combination of Alexander Machine & Tool Co. and George Industries, an existing portfolio company of Behrman Capital.

Alexander is a thermal management product provider with manufacturing capabilities including high-precision machining, vacuum bonding, dip brazing and mechanical assembly in the defense, aerospace and space markets.

George is a designer, developer and manufacturer of highly engineered components for the defense, aerospace, transportation and industrial sectors. Behrman acquired George in August 2022.

Nicola Wealth Private Debt is an active private lender providing 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


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