FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

Fifth Third Business Capital Provides $27.8 Million Revolving Line of Credit to Comfort Research

Date: Apr 21, 2022 @ 07:27 AM
Filed Under: Manufacturing

Fifth Third Business Capital provided a $27.8 Million revolving Line of credit to Comfort Research, LLC to support the acquisition of the North Carolina operations of Spin Master.

Comfort Research is a manufacturer of affordable furniture, pool products, and outdoor furniture with its primary line of products being the Big Joe™ brand of bean bag chairs. The Company has three manufacturing and distribution facilities, located in Grand Rapids, MI, Lewisburg, TN, and Tremonton, UT. Major customers include Walmart/Sam's Club, Costco, and Amazon. Swim Ways product offerings include branded aquatic products including pool floats, aqua saddles and pool noodles. Swim Ways operates out of two facilities in Tarboro, NC and was a division of Spin Master’s Outdoor Global Business Unit.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.