CLIENT
A leading U.S.-based importer, distributor and manufacturer of premium food products (the “Company”). The Company has a long history in the food industry and their constant focus on quality, service and innovation has helped grow their customer base for generations.

SITUATION
The Company sought financing to improve the terms of their existing banking relationship and to provide increased working capital to support their growing business.

ENGAGEMENT
G2 Capital Advisors served as the exclusive financial advisor to the Company to facilitate the financing. Due to G2 Capital Advisors’s relationships among potential lenders, the transaction generated significant interest from a diverse mix of credit institutions and banks.

OUTCOME
The transaction was successfully executed in Q2 2014 through a $45 million asset-based debt financing led by Wells Fargo. Ultimately, the Company was able to lower their borrowing cost and increase their availability while providing greater flexibility to continue to provide excellent service to their customers.