FRISCO, Texas — Mountain Ridge Capital (“MRC”) is pleased to announce the closing of an $8 million senior secured credit facility to a New York-based consumer products company. The MRC facility will be utilized for working capital purposes to achieve growth and operational objectives. MRC differentiated itself from competitors by providing certainty to close in an expedited time frame.
“This financing was a testament to MRC’s ability to execute and deliver with timing as a key consideration,” said Dan Williams of Mountain Ridge Capital. “We are excited for our partnership with a strong sponsor and management team that has demonstrated its ability to successfully steward the business through a variety of economic cycles.”
