02/10/2026
Second Avenue Capital Partners (SACP), served as Administrative Agent for a $126,000,000 senior secured credit facility supporting the acquisition of Mirai Casting Group. The facility included a $65,000,000 working capital revolver and $6,500,000 machinery and equipment term loan to the United States-based entities, with SACP serving as Collateral Agent and Lender for both. A partner lender served as Agent for the international credit facilities included in the total financing package.
Mirai Casting plays a vital role in the worldwide automotive supply chain, producing cast iron and heat-resistant cast products for global automotive and commercial vehicle manufacturers. The company was acquired by Valore Holdings, a private equity firm with deep automotive-sector experience. The timeliness of the new financing enables a seamless transition of the business to new ownership, ensuring an uninterrupted supply of these critical parts.
“The team at SACP worked with us through every detail of this complex transaction. Our team relied on their knowledge and guidance every step of the way,” said Tom Griffiths, Managing Partner at Valore Holdings. “We had full confidence in their ability to close when we were ready.”
While SACP was founded as a consumer products and retail lender, the Mirai Casting transaction represents a wider expansion of the business into the wholesale and industrial sectors. SACP’s affiliate SB360 has broadened the scope of its Wholesale & Industrial Division and provided key support for the deal, as both affiliates amplify their extended sector capabilities.
Read the full press release here:
https://sacp.com/second-avenue-capital-partners-serves-as-administrative-agent-for-126000000-financing-package-to-support-the-acquisition-of-mirai-casting-group/
