Triad Manufacturing completed a refinancing with J.P. Morgan Chase Bank. FocalPoint Securities served as the exclusive investment banker to the company.
Founded in 1991, Triad designs, engineers, manufactures and installs custom fixtures for brands across the retail landscape.
“The FocalPoint team truly understood our business and objectives, ensuring that the new credit facility provided us with increased liquidity to support the continued growth within our customer base. We are thrilled with the outcome and are excited about our new relationship with J.P. Morgan,” David Caito, Robert Hardie, and Michael McCormick, co-presidents of Triad, said in a joint statement.
“FocalPoint provided a wide range of options and supported us with vital capital markets perspective at every stage of the decision-making process,” Charles Kamper, CFO of Triad, said. “The team found the right partner and expertly navigated the COVID-19 environment to ensure a successful close.”
“This deal showcases the outstanding strength of our capital markets practice,” Thomas Mills, managing director at FocalPoint, said. “In the face of added market dislocation resulting from COVID-19, our team, led expertly by Clinton Miyazono, worked tirelessly to push through a complex closing process and provide a solution that satisfied our client’s objectives.”
FocalPoint is an independent investment bank specializing in mergers and acquisitions, private placements, financial restructurings, and special situation transactions.
