WhiteHorse Capital Provides a First-Lien Credit Facility to Motivational Marketing
CHICAGO – September 6, 2021 – WhiteHorse Capital, the direct lending affiliate of H.I.G. Capital, a leading global alternative investment firm with $45 billion of equity capital under management, provided a new first lien credit facility for Motivational Marketing, LLC (“Motivational” or the “Company”). Headquartered in Chino, CA and founded in 1977, Motivational is a third-party logistics provider of ecommerce and retail distribution fulfillment services.
“The WhiteHorse Capital team was a great financial partner throughout the transaction. We were impressed with their ability to move quickly and be creative when structuring the transaction to meet our needs and look forward to continuing our partnership as we grow the business,” said Dave Dandel, Managing Partner at Pike Street Capital (“Pike Street” or the “Sponsor”).
John Yeager, Managing Director at WhiteHorse Capital, added, “We are excited to be a partner for Pike Street and Motivational. We look forward to further supporting the Company and management team as they execute their growth strategy.”
Headquartered in Chino, CA and founded in 1977, Motivational is a third-party logistics provider of ecommerce and retail distribution fulfillment services.
About WhiteHorse Capital
WhiteHorse is the direct lending affiliate of H.I.G. Capital, a leading global alternative investment firm with $45 billion of equity capital under management.* WhiteHorse provides debt financing to middle market companies across a broad range of industries, including business services, manufacturing, healthcare, retail, food/agriculture, and specialty finance. WhiteHorse has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. WhiteHorse professionals, across the U.S. and Europe, have extensive experience and a proven track record of providing creative financing structures and employing a long term relationship oriented portfolio management philosophy.
* Based on total capital commitments managed by H.I.G. Capital and affiliates.