[UPDATE: September 15, 2022]

The Industry and Company

The Company is a sponsor-backed, plastic parts provider to the medical, packaging, and consumer goods industry.

The Situation

The Company, which has recently scaled via acquisition, hoped to finance its manufacturing equipment, including injection molding and tooling machines.

The Result

Atalaya provided approximately $12 million in financing through a capital lease. Atalaya’s investment thesis centered around the Company’s strong ARR model, scale and growth-creating acquisitions, and valuable underlying equipment.