Vehicle and Gear Manufacturing Company
Independent sponsor in need of a flexible capital partner to provide junior debt and preferred equity in support of a buyout with a tight commitment timeframe
The Company is the world’s leading manufacturer of amphibious extreme terrain vehicles for commercial and recreational use. The Company is also a leading manufacturer of high quality gears, couplings and transmission components to third-party Original Equipment Manufacturers (“OEMs”) across diversified end markets.
Falcon partnered with an independent sponsor to acquire the company. Working under a tight timeframe, Falcon provided a flexible capital solution appropriate for a growing company, including second lien notes and preferred equity, to supplement the equity capital invested by the sponsor.