Gibraltar Business Capital (GBC) closed a $20 million senior secured credit facility in support of Revolution Foods. The facility will provide additional liquidity for the continued development of the company’s vision.
California-based Revolution Foods prepares and delivers meal solutions for schools and communities addressing food insecurity and childhood nutrition. With this new Gibraltar facility, Revolution Foods is well-prepared to reach its business, social and community goals.
In working closely with the company’s leadership team, the Gibraltar team proved uniquely able to understand the leadership’s vision and identify areas to support the working capital needs associated with the business’s growth objectives.
“We are very pleased with how Gibraltar worked with our team to develop a solution that fits our business’ unique needs,” Chris Abbott, CFO of Revolution Foods, said. “This facility helps support our mission and strategic objectives and provides strong liquidity throughout the year.”
“Their team was instrumental in executing a well-defined strategy to gain market share in California,” Scott Winicour, CEO of Gibraltar Business Capital, said. “Gibraltar is proud to be a trusted partner of Revolution Foods, helping them with the necessary capital to scale their mission of providing healthful solutions to food insecurity.”
