Anatomy of a Deal: Provider to Automotive OEMs Secures Financing for Manufacturing Parts and Equipment

September 27, 2022|BY

Atalaya Leasing

[UPDATE: September 27, 2022]

The Industry and Company

The Company is a single-source provider of exterior products and systems to automotive original equipment manufacturers.

The Situation

The Company was recently acquired by a private equity firm was looking to finance manufacturing parts and equipment throughout North America and internationally.

The Result

Atalaya provided up to $50 million in financing through an operating lease to support global capex needs. Atalaya found the Company’s modest leverage and the industry’s trend towards plastics favorable.

From time to time in this and other documents, Atalaya Capital Management may refer to itself as a "registered investment adviser" by virtue of its registration with the SEC. This status does not imply any level of training or skill, or any endorsement by (or on behalf of) the SEC or any state securities authority. This is not an investment recommendation or a solicitation to become a client of Atalaya. The information contained in this presentation is provided solely to help potential transaction counterparties evaluate what types of investments may be interesting to Atalaya. This information is intended solely for the person or entity to which it is provided. Any review, retransmission, dissemination, or taking of any action in reliance upon this information by persons or entities other than the intended recipient is prohibited. As used herein, the term “Atalaya” refers to Atalaya Capital Management LP, together with its affiliates, subsidiaries and affiliated companies. Each affiliate and subsidiary of Atalaya is separately organized and none of these companies are responsible for the obligations of the others. Affiliated companies refers to companies that may be owned, in whole or in part, by investment funds managed by Atalaya.