Daily News: November 3, 2014

TCF Capital Financing Supports Kinderhook Buy

TCF Capital Funding announced it provided $21 million of secured financing to support the acquisition of Thermacell Repellents by New York-based private equity firm Kinderhook Industries.

Thermacell is the developer and manufacturer of mosquito repelling devices, utilizing apatented butane powered technology.

“We are excited to partner once again with the Kinderhook team and help them increase market penetration of the Thermacell product line both in the US and internationally,” said TCF Capital Funding SVP Thomas Karle.

Kinderhook Industries is a private equity firm.