Cerebro Capital Facilitates Over $111mm in Financings

July 17, 2023

Source: Cerebro Capital

Cerebro Capital recently announced they had facilitated $111mm in financings for 28 companies.  The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.  Some of the highlights:

$23.0MM Cash Flow Acquisition Financing

A $23,000,000 cash flow acquisition term loan and revolving working capital facility for a mechanical contracting firm specializing in large-scale hotels, multi-family and senior living facilities. The business provides mechanical design and construction solutions for commercial HVAC and plumbing needs.

$10.6MM Asset-Based Line of Credit and Term Facilities

A $10,600,000 asset-based line of credit and term facilities for a company that manufactures high precision components used in industrial gas turbines, aircraft engines and automotive parts. They serve a number of blue chip customers, primarily in the aerospace and power generation sectors. The company came to Cerebro interested in simplifying their reporting burden, lowering the cost to borrow, and acquiring access to capital to purchase new equipment.

$4.0MM Equipment Line of Credit

$4,000,000 equipment line of credit for a licensed general contractor specializing inland development services including grading, storm drainage, sanitary sewers, waterlines and culverts. The Company provides additional services (on a subcontracted out basis) to include: land clearing, retainage walls, curbs and paving. The company came to Cerebro looking to acquire new equipment in the future.