TCJ Case Study
Specialty Ink Manufacturer
ABOUT THE COMPANY
HQ Location: North Central, United States
In Business For: 20+ years
Annual Revenues: <$5M
Management: Experienced in industry (40 years)
Customer Base: Strong, long-term relationships with a wide range of customers and suppliers
Acquisition Financing: Acquirer was looking for financing as existing bank relationship did not want to fund acquisition.
Working Capital: Company needed additional working capital following acquisition.
Declining Revenues: Company revenues had been declining for the last 3 years due to ownership slowing operations ahead of retirement.
Tight Timeline: Sponsor-backed acquisition needed to fund quickly under a tight timeline.
The Credit Junction worked closely with the company and its management to craft a financing solution that met both their short and long term needs.