ATLANTA (May 1, 2007) – Nancy Creek Capital, an Atlanta-based mezzanine and equity investment fund, invested $3.5 million of subordinated debt and equity to support the growth of New River Cabinet and Fixture, Inc.
New River Cabinet & Fixture, Inc., based in Ft. Lauderdale, Fla., provides customized cabinetry and architectural millwork within the healthcare and commercial construction sectors. The company has a vertically-integrated model of in-house design, engineering, manufacturing, and installing its products for general contractors and end users in the growing Florida market. New River is led by President & CEO Joanne R. Triviz. For more information, visit www.newrivercabinet.com.
The senior lender in the transaction was Wachovia Bank.
About Nancy Creek Capital
Nancy Creek Capital’s mezzanine and equity investment fund is a strategic partner to commercial banks in meeting bank customers’ needs for growth, recapitalization and acquisition capital and for real estate project financing. The Nancy Creek Capital investment fund is a provider of subordinated debt and equity for small to middle market companies and real estate projects primarily in the Southeast region. The Fund is managed by The Branch-Shelton Company, LLC. For more information, visitwww.nancycreekcapital.com.
New River Cabinet & Fixture, Inc., based in Ft. Lauderdale, Fla., provides customized cabinetry and architectural millwork within the healthcare and commercial construction sectors. The company has a vertically-integrated model of in-house design, engineering, manufacturing, and installing its products for general contractors and end users in the growing Florida market. New River is led by President & CEO Joanne R. Triviz. For more information, visit www.newrivercabinet.com.
The senior lender in the transaction was Wachovia Bank.
About Nancy Creek Capital
Nancy Creek Capital’s mezzanine and equity investment fund is a strategic partner to commercial banks in meeting bank customers’ needs for growth, recapitalization and acquisition capital and for real estate project financing. The Nancy Creek Capital investment fund is a provider of subordinated debt and equity for small to middle market companies and real estate projects primarily in the Southeast region. The Fund is managed by The Branch-Shelton Company, LLC. For more information, visitwww.nancycreekcapital.com.