Busche Performance Group Raises New Equity to Bolster Capital Structure and Fuel Growth and Innovation

Busche Performance Group (BPG) is pleased to announce that it closed on a substantial recapitalization sourced from existing ownership and new enhanced financing by its senior secured credit facility. This will materially strengthen the company's balance sheet, enhance its working capital position and create flexibility for future growth. This action was designed to provide durability to the balance sheet through the COVID-19 pandemic, but more important, add the capital necessary for further growth. This further supports the board's vision of continuing to distinguish BPG from its competitors and further position BPG as a strategically relevant, global supplier-of-choice for the OEMs.