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White Oak CF and Hilco Global Provide $192MM Senior Secured Credit Facility for Royal Cup Coffee and Tea

Date: Jun 03, 2026 @ 08:15 AM

White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors , acting as Sole Lead Arranger, closed a $192MM senior secured credit facility, comprised of a $155MM revolver and a $37MM term loan, for Royal Cup Coffee and Tea, a national provider of end-to-end beverage and equipment solutions. WOCF acted as the revolver’s sole lender and Hilco Global acted as the administrative agent on the term loan with WOCF acting as co-lender.

The financing allowed Royal Cup, a Braemont Capital portfolio company, to acquire Farmer Brothers Coffee Co. and provide ongoing working capital support to the combined businesses. The acquisition expands Royal Cup’s national footprint, manufacturing capabilities, and route density while strengthening its position across key commercial beverage end markets.

“We’re pleased to provide a flexible facility structure that supports Royal Cup’s vision of building a national platform,” said Mark Allen Smith, Managing Director, Originations at WOCF.

“This transaction represents an important milestone for Royal Cup as it expands its market presence and strengthens its operational capabilities through the acquisition of Farmer Brothers,” said Andre Hakkak, CEO and Co-Founder of White Oak Global Advisors. “The financing was structured to support the company’s continued growth while providing the flexibility needed to integrate the combined platform effectively.”

“This transaction highlights the strength of the lending group and the continued demand for creative, scalable financing solutions in the lower middle market,” said Ian Fredericks, CEO at Hilco Global Capital Solutions (Americas). “Hilco Global is pleased to provide capital support that positions Royal Cup for long-term operational and strategic success.”

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