GE Capital is Co-Lead Agent on $225 Million Cash Flow Credit Facility for X-Rite

GE Capital, Corporate Finance today announced it is co-lead agent on a $225 million cash flow credit facility for X-Rite, Incorporated, a leading provider of color measurement systems and services. The loan will be used to refinance an existing credit facility and redeem preferred stock. GE Capital Markets served as co-lead arranger. Headquartered in Grand Rapids, MI, X-Rite XRIT provides color measurement systems including hardware, software and support services that ensure color accuracy. X-Rite serves a range of industries, including printing, packaging, photography, graphic design, video, automotive, paints, plastics, textiles and medical. "GE Capital knows our business and the industries we serve," said Raj Shah, chief financial officer of X-Rite. "They helped us optimize our capital structure and we look forward to a long term relationship as we move into the next phase of the company's growth opportunities."