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Legacy Corporate Lending Provides $25 Million Asset-Based Credit Facility to Bridgewell Agribusiness
February 11, 2025
Source: Legacy Corporate Lending, LLC
PLANO, Texas – February 11, 2025 – Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that it provided a $25 million asset-based credit facility to Agribusiness Holdings, Limited Partnership and subsidiaries (doing business as “Bridgewell Agribusiness”) (or “the Company”), a leading food and agriculture products business. The refinancing, which finalized in January 2025, underscores Legacy’s commitment to providing customized financial solutions to middle market companies across diverse industries.
As a global leader in supplying top-quality natural ingredients, including organic, non-GMO, and conventional food products, Bridgewell serves retailers, manufacturers, and niche markets across the world. Bridgewell partners with its customers to solve supply chain challenges and create sales opportunities across a diverse range of food and agricultural sectors. Headquartered in Clackamas, OR, Bridgewell has warehouses throughout the U.S. and Canada and growers around the world.
“Throughout the financing process, Legacy was committed to understanding our business and competitive advantages,” said Pat McCauley, Chief Executive Officer of Bridgewell. “Their customized solution will provide us the liquidity necessary to carry out our near- and long-term business plan. We look forward to our continued partnership.”
“We are honored that Agribusiness chose Legacy to be its financial partner,” said Paul Martin, Chief Investment Officer of Legacy. “We were able to craft a solution that allows Pat and the team to execute their strategic growth plans and further their leading position in the global agricultural industry.”
"Bridgewell has an exciting future across its food, manufacturing, and agricultural divisions,” added Neal Mulford, Executive Vice President, Portfolio and Underwriting at Legacy. “Through this credit facility, we are confident it will have the resources to accelerate its growth and continue to create innovative solutions for its customers."
Launched in May 2023 in partnership with Bain Capital Credit, L.P., Legacy provides revolving credit facilities and term loans to companies in an array of industries that seek to access capital outside of traditional bank lending or the syndicated lending market.
About Legacy Corporate Lending
Legacy Corporate Lending is an independent asset-based lending company providing revolving lines of credit and term loan commitments up to $40 million in transaction size. Legacy provides direct financing to middle market companies, private and public companies, across a wide spectrum of industries including automotive, business services, consumer products, distribution & wholesale, e-commerce & retail, food & beverage, manufacturing, transportation & logistics. Legacy Corporate Lending is a portfolio company of Bain Capital Specialty Finance, Inc. and Bain Capital Private Credit, which are externally managed by BCSF Advisors LP, an SEC-registered investment advisor. For more information, visit legacycorporatelending.com.
About Agribusiness Holdings (d/b/a Bridgewell Agribusiness)
Bridgewell Agribusiness is a global leader in high-quality food and agricultural products, offering non-GMO, gluten-free, organic, and conventional options. It sources globally, partnering with trusted suppliers who share a commitment to safety, integrity, and transparency.
Its team includes farmers, processors, traders, and sales experts, combining deep industry knowledge with strong partnerships. Bridgewell’s mission is twofold: solving supply chain challenges and creating sales opportunities in food and agriculture. Guided by core values and its Pacific Northwest roots, it ensures excellent value, total traceability, and lasting relationships.
Media Contacts:
Scott Lessne / Thomas Conroy
Stanton
slessne@stantonprm.com / tconroy@stantonprm.com
(646) 502-3569 / (646) 502-9006
