Business News • MarketWire • Seacoast Capital Announces Acquisition Financing for NEPW Logistics, Inc. |
Seacoast Capital Announces Acquisition Financing for NEPW Logistics, Inc. |
|
|
Seacoast Capital Announces Acquisition Financing for NEPW Logistics, Inc.
BOSTON, MA--(Marketwired - Feb 26, 2015) - Seacoast Capital ("Seacoast") announced today that it has completed a $5.7MM Senior Subordinated Debt financing for NEPW Logistics, Inc. ("NEPW" or the "Company") to support the acquisition of the Company by Hyde Park Holdings, LLC ("Hyde Park"). NEPW, based in Auburn, Maine, is New England's leading provider of third-party integrated logistics services to the pulp, paper, and forest products industries. The Company operates 9 warehouse locations across Maine and provides storage, cross-dock, trucking, logistics, and roll converting services to its customers. Eben Moulton, a Partner with Seacoast commented, "We believe that the acquisition of NEPW Logistics by Hyde Park, with its deep industry experience and robust platform, will enable the Company to further solidify its market leadership position and provide the Company with the capital to take advantage of attractive growth opportunities as the Company looks to expand its geographic footprint."
View More : http://www.marketwired.com/mw/release.do?id=1995491&sourceType=3
|
|
|