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MidFirst Business Credit Provides Working Capital, Term Facilities to Cooney Brothers

March 01, 2024, 06:00 AM
Filed Under: Distribution

MidFirst Business Credit (MFBC) provided working capital and term facilities to Cooney Brothers LLC (“Cooney Bros”).  Headquartered in Plymouth Meeting, PA, Cooney Bros is a distributor of pipe, valves and fittings, and other custom welded piping products for OEMs and for use in the pharmaceutical, food & beverage, power generation, marine, chemical and plastics industries. 

The funds were used to fund the acquisition of the business by V&A Capital, a leading lower middle market investment firm, from the founding family and to provide additional working capital to help facilitate further business expansion.

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