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