Mountain Ridge Capital closed a $15 million senior secured credit facility for an international consumer beverage company. Mountain Ridge Capital’s facility was used to refinance the debt of a national commercial bank and will be used going forward to achieve company growth and operational objectives.
“Our Mountain Ridge team was able to provide liquidity to the company in a thoughtful structure that refinances their existing line of credit and supports the continued growth of this already rapidly growing company,” Trevor Courtney, vice president at Mountain Ridge Capital, said. “It is exciting to be a part of the company’s story as their products become increasingly visible on store shelves around the world.”
Hum Capital served as investment bank and advisor on this transaction.