MidFirst Business Credit provided working capital and term facilities to Cooney Brothers, a Plymouth Meeting, PA-based distributor of pipe, valves, fittings and other custom welded piping products for original equipment manufacturers and for use in the pharmaceutical, food and beverage, power generation, marine, chemical and plastics industries.

Cooney Brothers used the financing to fund the acquisition of the business by V&A Capital, a lower middle-market investment firm, from the founding family and to provide additional working capital to help facilitate further business expansion.