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Successfully repored......
Regards,
Client Success Team (CRM),
Brook + Whittle (the “Company”), a leader in sustainable packaging solutions, today announced the successful completion of a refinancing transaction. As a part of the transaction, the Company secured $130 million in new capital, established a new revolving credit facility, and extended its debt maturity runway, providing the Company with additional liquidity to accelerate investments in growth and sustainability initiatives.
“The successful completion of this transaction underscores the confidence our capital partners have in our team and strategy, providing the Company with the capital and financial flexibility needed to navigate the current market, deepen our investments in sustainability, execute our value creation strategy, and continue delivering best-in-class packaging solutions to our customers,” said Mark Pollard, Chief Executive Officer. “We are grateful for the strong support of our stakeholders and look forward to our future success as we focus on our growth strategy, further enhancing our capabilities and product offerings.”
Brook + Whittle is committed to offering best-in-class labeling solutions while empowering brands with the tools and education necessary to transition to more sustainable alternatives. With this financing, the Company is well-positioned to continue its near and long-term growth strategies.
About Brook + Whittle
Brook + Whittle is one of North America’s leading manufacturers of pressure-sensitive, shrink sleeves, flexible packaging, and heat transfer labels. The Company operates fourteen locations across the US and delivers value to customers through sustainable packaging, complex decoration, digitalization, and industry leading lead-times. To learn more about Brook + Whittle, visit brookandwhittle.com.
Contacts
Brook + Whittle Marketing
marketing@bwhittle.com
C Street Advisory Group
brook-whittle@thecstreet.com
Source: businesswire.com
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