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FloWorks plans new debt financing for SemiTorr Group purchase
By Sara Rosenberg
New York, Jan. 6 – FloWorks plans on getting new debt financing to support its recently completed acquisition of SemiTorr Group, according to a news release.
RBC Capital Markets LLC, Jefferies, UBS Investment Bank, Wells Fargo, BNP Paribas and Audax Private Debt are providing the debt.
FloWorks is a specialty flow control distribution platform backed by Clearlake Capital Group LP. SemiTorr is a Tualatin, Ore.-based specialty fluid handling systems and components distributor.
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