Stonebriar Commercial Finance (Stonebriar) today closed a $75 million sale and leaseback of beverage production and packaging equipment for a market-leading co-manufacturer of high-growth beverages in the U.S. The proceeds will be used to support the lessee’s planned investments in its various facilities and for general corporate purposes.
“We are proud to support one of the industry’s leading beverage manufacturers and its sponsors,” Michael Gay, senior managing director at Stonebriar, said. “Stonebriar remains committed to working closely with the private equity community and its portfolio companies to provide secured term capital solutions that create and protect liquidity.”
“We are confident in this management team’s ability to support the company’s growth plans and to sustain the long-term prosperity of the facility in which our essential leased assets reside,” Stewart Jones, director at Stonebriar, said.
