Fourshore Partners announced its acquisition of Celtic Capital Corporation.

With an appetite for the more complex transactions, Celtic Capital has a history of success in crafting creative, flexible financing solutions with no financial covenants. As an independent lender, Celtic Capital is willing and able to alter price and deal structure, expand lines of credit to handle its clients’ increased revenues, and when cash flow is an issue, will look toward providing an inventory facility to help offset lost cash flow. For over thirty years, Celtic Capital has been providing intelligent capital which has made Celtic Capital one of the most respected asset-based lenders in the nation.

“We’re excited to partner with an investor that shares our approach to lending and our strategic vision for the future of Celtic,” said Mark Hafner, Chief Executive Officer of Celtic Capital Corporation.

Pedro Freyre, Partner at Fourshore, said that “We are looking forward to partnering with the talented and highly experienced executive team at Celtic.”

The transaction was led by Jose Costa, Pedro Freyre, Jose Manuel Torres, and Milos Milosevic at Fourshore Partners.