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TCF Capital Funding Backs River Associates Investments Acquisition of Quikserv Corp.

June 22, 2018, 07:00 AM
Filed Under: Manufacturing

TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF), announced that it provided senior secured financing to support River Associates Investments, LP in the acquisition of Quikserv Corp.

Based in Houston, TX, Quikserv was founded in 1986 and is a market-leading designer and manufacturer of transaction window and drawer systems including drive-thru / pass-thru window and drawer systems, ticket windows, security windows and drawers, and commercial transaction window and drawer systems.  With an installed base of over 85,000 units, the Company’s products are used in restaurants, pharmacies, convenience stores, gas stations, stadiums, schools, healthcare facilities, banks, as well as municipal, government, police and other commercial buildings.  For more information, visit www.Quikserv.com.

“Working with clients for whom so many generate a majority of their daily sales volume through automated transaction window and drawer systems, Quikserv’s focus on quality, service and product development has helped make it the leader in the restaurant space.  TCF is pleased to provide the financing to assist Quikserv in reaching that same status across all the markets it serves,” remarked TCF Capital Funding Vice President, Scott Nielsen.







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