$60M Credit Facility for PE-Backed High Performance
April 12, 2013
High Performance Industries (dba Holley), a portfolio company of Monomoy Capital Partners, has received a $60 million senior secured term loan from LBC Credit Partners. The proceeds were used to support an acquisition and to fund a dividend recapitalization. Holley manufactures automotive aftermarket products like carburetors, electronic fuel injection kits, exhaust headers and fuel pumps. Monomoy acquired the company in June 2012.