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Qualitor gets $93 million facility to support acquisition by Wellspring
By Tali Rackner
Norfolk, Va., Nov. 17 – Qualitor, Inc. received a $93 million senior secured credit facility to support its recent acquisition by Wellspring Capital Management, according to a press release.
GE Antares is the administrative agent and provided a minority equity investment. GE Capital Markets served as lead arranger and bookrunner on the credit facility.
Qualitor is a Southfield, Mich.-based diversified supplier of aftermarket parts for the automotive and heavy duty truck industries.
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