Food Service Wholesaler

Food Service Wholesaler

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Los Angeles, CA

Clubhouse Capital secured a $8.0 million revolving line of credit for a well-known regional food wholesaler, enabling the 30-year old company to acquire the receivables and non-perishable inventory of two smaller competitors. Clubhouse also negotiated $1.2 million in debt assumptions for the fixed assets of the competitors. The loan was funded by a CA bank.  (Fall 2013)