Bridge Bank and Assurance Mezzanine provided funding to support Bridger Capital Partners’ acquisition of Bluffdale, UT-based Old Mill Brick.
Bridge Bank provided a revolving credit facility and Assurance contributed both mezzanine debt and co-invest equity to enable the transaction.
“We are excited about partnering with Bridger Capital Partners and Garrick to help take Old Mill Brick to the next level. This company has a very bright future ahead,” said David Ellis, director for Assurance Mezzanine Fund.
Founded in 2007, Old Mill Brick owns and distributes several patented, easy to install, thin brick web and panel systems that can be used with any thin brick, including tumbled and cast. The company’s thin brick systems are used for both residential and commercial building applications.
Bridger Capital Partners is a middle market private equity firm focused on founder-led and/or family-owned companies with no prior institutional capital investments.
