TCF Capital Funding provided secured financing to support Tilia Holdings’ acquisition of Refrig-It.
Headquartered in Kearny, NJ, Refrig-It provides outsourced cold chain warehousing and supply chain services for imported nuts, dried fruits, ancient grains and other low moisture foods.
Tilia Holdings is a private investment firm focused exclusively on building distinctive middle-market companies that provide outsourced, technical services across the global food supply chain.
“We are excited to assist Tilia in its investment in Refrig-It. The company has an exceptional level of service, as well as an expertise in the imported nut and dried fruit supply chain, differentiating it from competitors,” said Bob Joyce, TCF Capital Funding assistant vice president.
