FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News

Print

CapX Partners Provides Equipment Financing to Mid Valley Industries

February 05, 2014, 07:00 AM
Filed Under: Industry News
Related: CapX Partners

CapX provided Mid Valley Industries with an equipment lease facility which was used by the company to purchase a mission critical equipment asset which will allow Mid Valley to expand its manufacturing capabilities and fulfill increased product demand for a variety of industry sectors.

Founded in 1996 and headquartered in Kaukauna, Wisconsin, Mid Valley Industries provides turn-key custom fabrication services, specializing in large component parts for the oil, mining, renewable energy, paper, defense and medical industries. With private equity fund Goldner Hawn Johnson & Morrison’s guidance, Mid Valley has grown from a small, niche business to a highly regarded industry specialist.

CapX created an equipment financing solution that is flexible and accommodating to Mid Valley’s future growth prospects. When private equity firm Goldner Hawn Johnson & Morrison Vice President Andrew Tomashek was asked about closing a capital financing deal with CapX for Mid Valley Industries, Mr. Tomashek remarked “This was our first time working with CapX Partners and it was truly a pleasure. CapX’s flexible approach to financing structure and speed to closing helped facilitate a successful transaction under tight timing deadlines.”

“It was a pleasure working with MVI and GHJM on the transaction. They successfully identified an equipment asset that would add value to the business through product expansion and industry diversification.  We are very supportive of the financing and look forward to reviewing future growth capex opportunities with both MVI and GHJM,” said Bryan Rozum, Vice President, CapX Partners.

Founded in 1999, CapX Partners is a specialty finance company that focuses on private equity and venture backed portfolio companies looking for debt financing in the $2-$20 million range. CapX favors manufacturing, distribution, technology, energy and healthcare industries with an emphasis on revenue producing fixed assets.







Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.