TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided $7,000,000 in secured financing to support Salt Creek Capital and C3 Capital Partners in their recapitalization of Warne Scope Mounts.
Located in Tualatin, Oregon, Warne is a premium supplier of riflescope accessories to the OEM and retail channels, including the sporting, hunting, and tactical-law enforcement firearms markets. The Company designs and manufactures scope mounting systems, including bases, mounts, rings and accessories.
“We are excited to partner with Warne, Salt Creek and C3 in support of their recapitalization. Dan Goetz (CEO) and Warne’s management team, in partnership with Salt Creek and C3, have cemented the Company’s strong market leadership and reputation for producing premium scope mounting systems. We look forward to supporting the team through its next phase of growth,” said Kevin Nowak, TCF Capital Funding Senior Vice President.