Daily News: February 7, 2013

Crystal Financial Agents $80MM Facility for Quantum Foods

Crystal Financial announced it has agented an $80 million senior secured credit facility to Quantum Foods, a custom provider of protein products. Proceeds of Crystal’s senior credit facility were used to repay existing indebtedness and for general working capital purposes, including strategic investments. The five-year credit facility matures on February 1, 2018, extending existing financing maturities and expanding access to capital for the company.

Colin Cross, senior managing director of Crystal Financial said, “Ed Bleka and his management team have built Quantum into one of the leading meat processors in the U.S., supplying some of the most recognized restaurant chains and retail establishments in the country.”

Edward B. Bleka, CEO and founder of Quantum Foods said, “The professionals at Crystal Financial did a terrific job completing this refinance, taking the time to develop an in depth understanding of our business as well as our unique requirements.”

Bolingbrook, IL-based Quantum Foods is an independent custom manufacturer and processor of innovative value-added protein products.