TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided secured financing to support Tilia Holdings LLC’s acquisition of Refrig-It, Inc.
Headquartered in Kearny, NJ, Refrig-It is a leading provider of outsourced cold chain warehousing and supply chain services for imported nuts, dried fruits, ancient grains, and other low moisture foods.
“We are excited to assist Tilia in its investment in Refrig-It. The Company has an exceptional level of service, as well as an expertise in the imported nut and dried fruit supply chain, differentiating it from competitors. We look forward to supporting Tilia and CEO Brian Doliner as they execute on the Company’s strategic growth plan to expand its service offerings and geographic presence,” said Bob Joyce, TCF Capital Funding Assistant Vice President.