NEED:
This large construction company needed to purchase an explosive company to augment their current offerings.
SOLUTION:
VFI provided a sale leaseback on the equipment of the company being purchased. This sale leaseback provided the buyer with $6.5 million, a significant portion of the capital needed to complete the purchase.
BENEFITS:
By using the assets from the company to be aquired, the purchasing company was able to capitalize on the flexibility of a sale leaseback and fund the purchase.
