Cellucap Secures Mezz from NewSpring
NewSpring Mezzanine has led a mezzanine investment in Philadelphia-based Cellucap. NewSpring has funded the company with PNC Bank, who provided a senior term loan and a revolving credit line to acquire DISCO. Cellucap manufactures and distributes disposable protective apparel and related products to the foodservice, healthcare and safety markets. The acquistion will further expand the company's product lines with market leading scrubbing and cleaning brands such as Brillo, Grilbrik, Filter Brite, and Big Boss among others.
20 October 2011•2 mins read
