Stonegate Capital is pleased to announce it has closed on the following investment in January:
Stonegate has closed on a $5MM loan for Los Angeles-based private equity sponsor Diversis Capital’s acquisition of Arrowstream. Based in Chicago, IL, Arrowstream is an industry leader in supply chain technology and logistics services for food chains and food service distributors. Stonegate Capital recognized the value in the Company’s technology solutions to structure a customized working capital revolver and recurring revenue term loan. The credit facility will be used to support Diversis Capital’s commitment to accelerate growth and ramp up new product development for Arrowstream’s software and logistic solutions.