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Stonebriar Commercial Finance Closes $75MM Sale-Leaseback for Private Equity Backed Beverage Manufacturer

November 29, 2022, 07:33 AM
Filed Under: Equipment Finance News

Stonebriar Commercial Finance closed a $75 million sale and leaseback of beverage production and packaging equipment for a market-leading co-manufacturer of high-growth beverages in the U.S. The lease proceeds will be used to support the lessee’s strategic investments in its various facilities and for general corporate purposes.

Michael Gay, Stonebriar’s Sr. Managing Director, stated, “We are proud to support one of the industry’s leading beverage manufacturers and its sponsors. Stonebriar remains committed to working closely with the private equity community and its portfolio companies to provide secured term capital solutions that create and protect liquidity.”  

Stewart Jones, Director at Stonebriar, added, “We are confident in this management team’s ability to support the company’s growth plans and to sustain the long-term prosperity of the facility in which our essential leased assets reside.”

Stonebriar, an Eldridge business based in Plano, TX, is a leading provider of financing solutions for businesses in a wide variety of industries, of various sizes and credit profiles. Stonebriar leases and finances assets located primarily in North America and select other jurisdictions worldwide currently through four distinct platforms—General Equipment, Aviation Capital, Rail Leasing and Real Estate.

For more equipment finance industry news, visit Equipment Finance Advisor.

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