First Citizens Bank’s sponsor finance group provided financing to Proof of the Pudding, a Bruin Capital portfolio company that focuses on premium food and beverage services for upscale venues and events.
“This financing will help enable us to continue to grow our operational capabilities and will reinforce our position as a leader in the hospitality and event catering industry,” Adam Noyes, CEO of Proof of the Pudding, said. “We appreciated the expertise of the First Citizens sponsor finance group in arranging this financing package as we advance our business objectives.”
“Proof of the Pudding is well known for its decades of experience in providing top-notch hospitality, service and quality,” Kenneth Caffrey, a member of the sponsor finance team involved in the transaction, said. “We were pleased to work closely with Bruin Capital and management to understand their needs and provide the financing to support the company’s continued growth.”