Daily News: February 5, 2013

TCF Capital Provides $10.5MM Financing for Breen Recap


TCF Capital Funding announced that it provided $10.5 million in senior secured credit facilities in support of the recapitalization of East Coast Colorants, (d/b/a) Breen Color Concentrates and affiliated entities.

Breen is a current portfolio company of Spell Capital Partners.

Edward J. Ryczek, senior vice president of TCF Capital Funding, said, “We are excited to enter into this relationship with Spell and with the management team at Breen. We look forward to working closely with both Breen and Spell.”

Lambertville, NJ-based Breen is a manufacturer of custom and stock color concentrates for the plastics industry.