CHICAGO – December 17, 2014 – Victory Park Capital (“VPC”), an asset management firm focused on middle market debt and equity investments, announced today it has provided a credit facility to help finance the acquisition of Saran Industries, LP (“Saran”) by Titan Equity Partners, LLC (“Titan”). Saran provides industrial finishing services for forgings, castings, and machined parts used primarily by automotive OEMs. VPC’s partnership with management and Titan allowed for a recapitalization of Saran and positions the company for continued growth with existing and new customers.

“We are excited to announce this opportunity to work with a sponsor as experienced in this sector as Titan and an operationally excellent management team in Nick and Sam Saran,” said Tom Affolter, Principal of VPC. “We have great confidence that Titan is the right team to lead Saran through its next phase of growth,” Affolter added.

Tony Pesavento, Managing Partner of Titan, said “VPC was extremely flexible when structuring their credit facility for the Saran transaction. We are very pleased that VPC was able to bring a financial solution to the table that ultimately allowed us to acquire such a great business. We look forward to partnering with them again in the future.”