Capteris Commits $50MM for Branded Food Producer
Capteris, a large ticket equipment finance provider, committed a $50 million lease commitment to a sponsor-owned, nationally branded food manufacturer. The financing provides capital for a major expansion of a key production facility as part of the company’s broader growth strategy. “The company and the financial sponsor were looking for a provider who understood the food industry and could provide a single source of capital to support this major initiative,” Rob Bakke, managing director of Capteris, said. “Our domain expertise combined with a full capital...
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