Arandell Completes Growth Financing Initiative
MENOMONEE FALLS, WI—Arandell Corp., which specializes in providing catalog printing and omni-channel solutions, recently completed a growth financing initiative. "We are pleased with our new capital structure," said Brad Hoffman, Arandell’s president and CFO. "In addition to substantially reducing interest expense, it will also provide us financial flexibility for the future and allows us to reinvest back into the company."
The company’s bank financing is now led by The Private Bank with CapX Partners, Spell Capital, and Farragut Capital Partners also participating in the recently closed financing transaction. The new financing structure arranged for Arandell provides additional funding to address the catalog printer’s continued growth and expansion.
Milwaukee-based Promontory Point Capital served as the financial advisor and investment banker to Arandell Corp. in arranging the company’s new capital structure. The company’s law firm, Reinhart Boerner Van Deuren S.C., served as legal counsel for the transaction.