GE Antares Capital announced it is the administrative agent for a $61.5-million credit facility to support the acquisition of YAXTRAX(R) by Implus Footcare, LLC, a portfolio company of FdG Associates. GE Capital Markets served as the sole lead arranger for the credit facility.
Headquartered in North Carolina's Research Triangle Park, Implus is an innovative leader in the "below the ankle" categories of insoles, performance socks, shoe laces and shoe care. Implus' brands include Airplus(R), Sof Sole(R), apara(R), YAXTRAX(R) and Sof Comfort(R), and are distributed in over 50,000 retail outlets across North America and in 65 countries worldwide.
FdG Associates is a private investment firm providing equity to North American-based middle-market growth companies with sound businesses and unrealized potential. By building a partnership with management and offering creative problem solving and strategic, long-term planning focused around key corporate initiatives, FdG empowers companies to achieve their full growth potential and increase their equity value.
GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $190 billion and is headquartered in Stamford, Connecticut.
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
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