Business Capital arranged the asset purchase and sale for a leading branded and private label manufacturer of ice cream bars and other frozen snacks.

Following a period of mismanagement, a seasoned turnaround team was successful in stabilizing the company and positioning it for long-term growth. Business Capital was brought in to assist with the restructuring and recapitalization efforts, including securing a working capital credit line and pre-acquisition bridge loan. These financings were critical for this client to support current operations and future plans to increase distribution channels and develop new product. The funds also provided additional liquidity during its low seasonal sales period.

“We are thrilled to complete the last step in securing the future growth of this long-term client. This was the third successful financing transaction with this company and they are now in a strategic position to continue as a leader in the food products sector with substantial liquidity, increased valuation and rising annual sales,” said Chuck Doyle, managing director of Business Capital.

After delivering two successful capital infusions, Business Capital was able to present a strong company picture and demonstrate long-term value while paving the way for the successful sale to an investment group with the ability to take the company to the next level of continuous growth.