West Marine plans new debt financing for buyout by L Catterton

By Sara Rosenberg

New York, April 14 – West Marine Inc. has received a commitment for debt financing to help fund its acquisition by L Catterton from Monomoy Capital Partners, according to a news release.

Barclays, Golub Capital LLC and Nomura provided the debt commitment.

Closing is expected in May, subject to customary conditions.

West Marine is an omni-channel provider of aftermarket products and services to the boating, fishing, sailing and watersports markets platform.

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