Cerebro Capital recently facilitated $37.6 million in financing for three companies, including:
- A $23 million cash flow acquisition term loan and revolving working capital facility for a mechanical contracting firm specializing in large-scale hotels, multi-family and senior living facilities. The business provides mechanical design and construction solutions for commercial HVAC and plumbing needs.
- A $10.6 million asset-based line of credit and term facilities for a company that manufactures high precision components used in industrial gas turbines, aircraft engines and automotive parts. The company serves a number of blue chip customers, primarily in the aerospace and power generation sectors. The company came to Cerebro interested in simplifying its reporting burden, lowering the cost to borrow and acquiring access to capital to purchase new equipment.
- A $4 million equipment line of credit for a licensed general contractor specializing inland development services including grading, storm drainage, sanitary sewers, waterlines and culverts. The company provides additional services (on a subcontracted out basis) to include: land clearing, retainage walls, curbs and paving. The company came to Cerebro looking to acquire new equipment in the future.
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