Financial Advisor
Byrider Holding Corp.
Debt Capital Markets
An Affiliated Portfolio Company Of
Senior Secured ABL Credit Facility
Transaction Details
- On August 7, 2017, Byrider Holding Corp. ( “J.D. Byrider”), an affiliated portfolio company of Altamont Capital Partners (“ACP”), closed a new $50 million Senior Secured ABL Credit Facility
- Proceeds were used to refinance J.D. Byrider’s existing ABL credit facility and provide growth capital
- Stephens Inc. acted as exclusive financial advisor to J.D. Byrider in the transaction
About the company
About J.D. Byrider:
Founded in 2009 and headquartered in Carmel, IN, J.D. Byrider is one of the nation’s leading used car sales and finance enterprises. The company was founded to serve customers with special auto financing needs and to ensure that they receive the same quality service in every J.D. Byrider dealership. The company serves its customer base through a network of company-owned and franchised locations. For more information, please visit http://www.jdbyrider.com/
About Altamont Capital Partners:
Altamont Capital Partners is a private equity firm with over $2.0 billion of capital under management, focused primarily on making long term, control investments in middle market businesses. ACP focuses on investment opportunities in the business services, consumer, financial services, healthcare, industrial and restaurants, retail & franchising sectors. For more information, please visit https://www.altamontcapital.com/
Sources: Publicly available information.
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