Triangle Capital Corporation, a provider of capital to lower middle-market companies, closed a $23.5 million investment in Consolidated Lumber Company LLC consisting of unitranche debt and equity. Consolidated is a leading provider of residential and commercial building and construction materials. Based in Stillwater, MN, the company operates out of 16 locations serving the Wisconsin and Minnesota markets.
Triangle Capital Corporation invests capital in established companies in the lower middle market to fund growth, changes of control and other corporate events. Triangle offers a wide variety of investment structures with a primary focus on mezzanine financing with equity components.