Franklin Square Capital Partners (Franklin Square),the largest manager of business development companies (BDCs), announced a $50 million upsizing of its senior secured unitranche loan to A.P. Plasman, Inc., a designer and manufacturer of exterior trim products for a variety of industries, to support its acquisition of Plastal Industri, a supplier of exterior painted trim products for the automotive industry. A.P. Plasman is a portfolio company of Insight Equity, a New York-based middle market private equity investment firm.

The financing was provided by FS Investment Corporation (NYSE: FSIC), a BDC managed by an affiliate of Franklin Square and sub-advised by an affiliate of GSO Capital Partners LP (GSO). The upsized deal represents FSIC’s sixth round of funding for A.P. Plasman.

The Plastal Industri acquisition establishes a European presence for A.P. Plasman, diversifies the company’s product mix and expands its customer base.

About Franklin Square

Franklin Square is a leading manager of alternative investment funds designed to enhance investors’ portfolios by providing access to asset classes, strategies and asset managers that typically have been available to only the largest institutional investors. The firm’s funds offer “endowment-style” investment strategies that help construct diversified portfolios and manage risk. Franklin Square strives not only to maximize investment returns but also to set the industry standard for best practices by focusing on transparency, investor protection