DALLAS, Dec. 29, 2020 (Globe NEWSWIRE) — Cash Southwest Company (“Capital Southwest”) (Nasdaq:CSWC), an internally managed business enterprise progress company centered on giving adaptable funding solutions to guidance the acquisition and expansion of middle market firms, introduced these days that it supported Amware Success, LLC’s (“Amware”) acquisition of Moulton Logistics (“Moulton” or the “Target”) with an incremental senior secured initially lien expression financial loan. Amware has been a portfolio firm of Money Southwest because 2016.
“With the acquisition of Moulton, Amware proceeds to develop on its monitor history of figuring out and executing strategic acquisitions that profitably increase its footprint and purchaser base,” said Josh Weinstein, Managing Director of Capital Southwest. “We have been amazed with the development the administration group and Rotunda Funds Partners have created with the Organization because our original funding in July 2016. Amware has created a solid popularity as a premier fulfillment providers company.”
Launched in 1968 and headquartered in California, Moulton is a supplier of direct-to-buyer success, retail distribution and customer treatment services for e-commerce and direct reaction corporations. The Firm has two neighboring facilities located in Los Angeles, California and just one facility in South Brunswick, NJ.
Amware Success gives order fulfillment providers to support quickly-expanding eCommerce and direct providing providers scale achievement functions to support any development trajectory. With 13 success facilities found throughout The usa, Amware enables 1–2 working day delivery via ground assistance to 95% of the U.S. populace.
About Capital Southwest
Money Southwest Corporation (Nasdaq: CSWC) is a Dallas, Texas-centered, internally managed business enhancement company, with around $286 million in internet assets as of September 30, 2020. Money Southwest is a middle market lending agency focused on supporting the acquisition and advancement of center current market enterprises with $5 to $25 million investments across the capital composition, such as first lien, unitranche, next lien, subordinated personal debt and non-management equity co-investments. As a general public firm with a permanent capital foundation, Capital Southwest has the flexibility to be resourceful in its financing alternatives and to make investments to guidance the growth of its portfolio businesses in excess of lengthy intervals of time.
This push release contains historical data and ahead-wanting statements with regard to the business and investments of Cash Southwest. Ahead-seeking statements are statements that are not historical statements and can normally be discovered by phrases these types of as “will,” “consider,” “assume” and identical expressions and versions or negatives of these phrases. These statements are centered on management’s recent expectations, assumptions and beliefs. They are not ensures of long run benefits and are issue to many hazards, uncertainties and assumptions that could cause genuine success to differ materially from people expressed in any ahead-searching assertion. These threats consist of challenges related to: variations in the markets in which Money Southwest invests modifications in the monetary, money, and lending marketplaces regulatory modifications tax remedy and basic economic and company disorders and uncertainties connected with the effects from the COVID-19 pandemic, including its impact on the worldwide and U.S. cash markets and the world-wide and U.S. economic climate, the size and duration of the COVID-19 outbreak in the United States as well as all over the world and the magnitude of the financial effect of that outbreak the outcome of the COVID-19 pandemic on our enterprise prospective clients and the operational and fiscal functionality of our portfolio organizations, such as our potential and their skill to attain their respective targets, and the consequences of the disruptions brought about by the COVID-19 pandemic on our skill to continue on to properly regulate our enterprise.
Visitors must not spot undue reliance on any forward-seeking statements and are encouraged to evaluate Capital Southwest’s Once-a-year Report on Sort 10-K for the yr ended March 31, 2020 and subsequent filings, like the “Danger Factors” sections therein, with the Securities and Trade Fee for a more full dialogue of the dangers and other aspects that could affect any ahead-looking statements. Other than as essential by the federal securities legal guidelines, Cash Southwest does not undertake any obligation to publicly update or revise any forward-hunting statements, whether as a result of new information and facts, foreseeable future occasions, altering circumstances or any other explanation right after the day of this push launch.
Investor Relations Get hold of:
Michael S. Sarner, Main Monetary Officer