TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided a senior debt facility to support Glencoe Capital in recapitalizing Clearbrook Farms.

Clearbrook Farms, based out of Sharonville, OH is a leading manufacturer of private label, branded and industrial fruit fillings and preserves sold to the nation's gourmet food providers. 

"We were pleased to have the opportunity to support Glencoe Capital’s investment in Clearbrook Farms," said TCF Capital Funding Senior Vice President Ed Ryczek. "The TCF Capital Funding team is excited to provide a financing solution that will support the Company's long-term growth and strategic initiatives.”

TCF Capital Funding provides cash flow and asset-based lending to lower middle market businesses.  National in scope, this senior leveraged lending group focuses on providing private equity sponsor-backed cash flow loans and asset-based loans to companies with less than $100 million in revenue and between $2 million and $10 million in EBITDA. 

Founded in 1994, Glencoe Capital is a private equity firm focused on lead-sponsored acquisitions and growth equity investments in lower middle-market companies.