Kent Outdoors gets $100 million ABL facility from Eclipse Business Capital

By Wendy Van Sickle

Columbus, Ohio, April 19 – Kent Outdoors obtained a $100 million asset-based credit facility from Eclipse Business Capital, according to a news release.

The company said the new ABL facility follows recent investments from Goldman Sachs and Comvest Partners and that the investments are critical to the company’s efforts to implement a strategy for future growth.

Based in New London, Ohio, Kent Outdoors is a platform of outdoor brands with a product set spanning personal flotation devices, wakeboards, water skis, towable tubes, snowboards and more.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.