Ravinia Capital successfully secured a $25-million revolving line of credit for Primex Family of Companies, enabling them to refinance existing debt and prepare for upcoming seasonal demand.

Information on the Target

Primex Family of Companies (PFoC) is a global distributor based in Lake Geneva, Wisconsin, specializing in the manufacturing and distribution of own-branded and designed weather instruments, environmental sensors, notification boards, synchronized clocks, companion software solutions, and clock craft kits. With three distinct divisions, PFoC has developed a robust portfolio of products that meet the needs of both consumer and professional markets.

Recently, PFoC sought to refinance its existing $16-million line of credit and secure additional funding. This decision was propelled by challenges faced due to global supply chain disruptions that had significantly impacted operations across its member companies.

Industry Overview in the Target’s Specific Country

The manufacturing sector in the United States, particularly in the consumer goods space, has been under strain due to ongoing global supply chain challenges. However, wi