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Confidential Industrial Blasting & Abrasives Business

Close up of worker cleaning driveway with gasoline high pressure washer. High pressure deep cleaning. Professional cleaning services.
INDUSTRY
Industrial

 Hilco Corporate Finance Served as Investment Banker to a Confidential Industrial Blasting & Abrasives
Business for a Financing Transaction

Overview

Hilco Corporate Finance (HCF) is pleased to announce the closing of a financing for a confidential industrial blasting & abrasives business (the Company). HCF acted as exclusive investment banker to the Company.Screenshot 2025 01 07 at 1.09.55 PM

Client

The Company is a founder owned, industry thought leader operating as a comprehensive one-stop-shop for premium abrasives and blasting and coating solutions. Attending to non-deferrable surface preparation needs, the Company serves contractors and customers across multiple end-markets, including defense, infrastructure, transportation, and general industrial.

Situation and Engagement

The Company forecasts significant near-term growth driven by its recent expansion into new geographies and end markets. With the upcoming maturity of its current credit facility and a continued focus on scaling the business, the Company sought a new lending partner to provide the required flexibility to support this growth.

Outcome

HCF ran a competitive financing process to a diverse group of lenders, inclusive of banks and non-bank lenders, offering differentiated asset-based loan (ABL) and cash flow solutions. The Company successfully raised a $33.5 million ABL facility that will allow it to meet its working capital needs and support its ongoing growth initiatives.

About Hilco Corporate Finance and Hilco Global

HCF, a boutique investment banking advisor affiliated with Hilco Global, provides unmatched creativity and relentless support to its clients. HCF’s seasoned team of professionals specializes in comprehensive advisory services to private and public companies, private equity groups, family offices, and entrepreneurs. Hilco Global is a diversified financial services company with 20+ highly specialized business units and over 800 professionals across five continents globally.

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