Stonebriar Commercial Finance announced the closing of a $75 million sale and leaseback of beverage production and packaging equipment for a market-leading co-manufacturer of high-growth beverages in the U.S. The lease proceeds will be used to support the lessee’s strategic investments in its various facilities and for general corporate purposes.
Michael Gay, Stonebriar’s Sr. Managing Director, said, “We are proud to support one of the industry’s leading beverage manufacturers and its sponsors. Stonebriar remains committed to working closely with the private equity community and its portfolio companies to provide secured term capital solutions that create and protect liquidity.”
Stewart Jones, Director at Stonebriar, added, “We are confident in this management team’s ability to support the company’s growth plans and to sustain the long-term prosperity of the facility in which our essential leased assets reside.”