Crowne Group acquires Trico Products
Clients Crowne Group LLC
Jones Day advised Crowne Group LLC, a leading manufacturer and distributor of both aftermarket and original equipment manufacturer component parts for the automotive and other industrial equipment markets, in connection with the acquisition and related financing of Trico Products Corporation. The financing consisted of a senior secured asset based loan facility with a sublimit for letters of credit and swing line loans; a senior secured first lien term loan facility; and a senior secured second lien term loan facility.
TRICO is a global manufacturer, marketer, and distributor of windshield wiper blades, systems, and components.