Case Summary: Brake Parts Inc.

Brake Parts Inc.

$30 million senior secured term loan

Overview

Headquartered in Illinois, BPI is a leading provider of brake parts and systems to the North American aftermarket automotive sector.

Purpose

Provide liquidity for ongoing working capital and a shareholder distribution.

Result

Crystal underwrote a $30.0MM senior secured term loan based on the Company’s leading market position in North America, its strong financial performance, and the strong management team.