Daily News: September 16, 2016

TrueNorth Advises Macton on Senior Loan Refinance


TrueNorth Capital Partners advised Macton on the refinancing of its senior loan facility. Funding was provided by the Asset-Based Lending Group of Rockland Trust Company.

Refinancing provided Macton with the capital structure necessary to support its growth. Stamford, CT-based TrueNorth will assist the company as it seeks to consolidate junior debt and procure additional growth capital.

Connecticut-based Macton engineers, fabricates and installs moving structures.

Rockland Trust Company is a full-service commercial bank headquartered in Massachusetts.