American Capital Ltd., an equity firm and global asset manager based in Bethesda, Md., announced it has committed $75 million in financing for Bensussen, Deutsch & Associates Inc. (BDA). The money will fund with the distributor’s growth plans.
Cascadia Capital advised BDA on the transaction.
“After an extensive review process, American Capital proved to be the perfect partner for BDA as we look to take advantage of our vast growth opportunities, both in North America and abroad,” said Jay Deutsch, BDA co-founder and CEO. “In addition to growth capital, American Capital brings additional in-house resources and cross-industry expertise to accelerate our strategic planning and the growth we are projecting.”
American Capital and its affiliated funds have invested approximately $37 billion in more than 730 portfolio companies.
“We’re excited to partner with BDA’s industry leading team as it takes on the next phase of the company’s growth, expanding its suite of service offerings and growing its customer base,” added Gordon O’Brien, American Capital’s president. “BDA’s top-tier team has a decisive vision for how merchandise will play an even larger role as brands look to capitalize on a robust economy and new opportunities to engage new and existing customers.”
For more information, visit www.bdainc.com.
