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CapX Partners Provides Debt Financing to CCI

August 20, 2013, 07:29 AM
Filed Under: Manufacturing

CapX Partners announced it provided a subordinated loan to Color Communications Inc. CapX partnered on the debt capitalization with a new mid-seven-figure subordinated junior secured loan, citing the company’s continued financial performance improvements, their commitment to technology and superior position within the color card industry.

Privately owned by an experienced management team, CCI was experiencing strong revenue and EBITDA growth, with market conditions favorable for expansion. A few years ago, CapX was introduced to CCI via a trusted advisor and committed a low-seven-figure lease line to fund its equipment purchase needs. "Based on our initial dealings with CapX, we were convinced their business approach was consistent with CCI's and they would be a valuable partner in our efforts to grow the company" stated Thomas Connerty, Chief Financial Officer.

According to CapX Managing Partner Jeffry Pfeffer, "We are pleased to expand our relationship with CCI and assist the company with its goal of increasing market share and driving higher shareholder value."

CCI is a producer of color cards, fan decks, color systems and automotive pigment sample sheets. Headquartered in Chicago since the early 1970s with manufacturing facilities in Chicago, Ireland and New Zealand, CCI continues to innovate with new manufacturing techniques and gain more market share.

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.







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