Caltius Structured Capital closed a subordinated term loan with Michigan-based Virginia Tile Company, which is majority owned by Harren Equity Partners, a middle-market private equity fund based in Charlottesville, VA. The financing will be used to support the continued growth and expansion of the company.
Founded in 1928, Virginia Tile is a premier specialty distributor of ceramic, porcelain and natural stone tile and related products to the professional commercial and residential markets.
