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Essex Closes $14.99 Million Capital Raise


Essex Capital Group, Inc. (“Essex”), announced today that the firm recently arranged a $14,986,000 term debt capital raise for two affiliated vegetable packing houses located in the Southeastern U.S. (the “Company”). 

The new loan facilities allowed the Company to consolidate its debt structure at low rates while extending amortization and lowering monthly debt service.  Additional working capital was also generated from the recapitalization.

Rob Swain, Essex President said, “The Company had grown using financing from a number of lenders whose covenants and cost of funds created a roadblock to further growth. We were pleased to arrange a one-stop financing solution that substantially reduced debt service while providing working capital to support  a projected record upcoming year.”

Essex Capital acted as the Company’s exclusive advisor in this transactio

About Essex Capital Group

Essex Capital Group, Inc. is a Tampa, Florida-based corporate finance firm serving small and middle market privately-held companies located throughout the United States. With extensive capital markets experience, Essex provides creative solutions to businesses in need of financial restructuring. Typical advisory services include balance sheet recapitalizations with senior and subordinated debt. Since inception in 2003, Essex has successfully raised in excess of $700 million for 120+ corporate finance clients. 

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 Packing House
 Term Loan
 business loan

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