American Capital Backed Tectum Purchase by TA Associates
August 15, 2014
American Capital announced it was the lead agent and investor on a second lien financing to support TA Associates’ acquisition of Tectum Holdings, a manufacturer of pickup truck accessories, from Kinderhook Industries. American Capital also provided an equity co-investment in the deal. Tectum has manufacturing facilities in six U.S. states; its products include tonneau covers and bedliners.