Capstone Partners served as financial advisor to C.B. Fleet Company, Inc. in structuring, negotiating and closing a new $75 million senior secured revolving credit facility provided by Wells Fargo Bank.
The credit facility will be used to refinance the company’s existing debt and support future growth.
C.B. Fleet is a 143-year-old global manufacturer and marketer of branded OTC pharmaceutical and personal care products.
Fleet, Casen (gastro care) and Summer’s Eve (feminine hygiene) are leading consumer brands in their respective categories in the U.S. and Europe.
This is the third transaction Capstone Partners has completed for C.B. Fleet.
We are pleased to have worked with [Capstone Partners] on another successful transaction. Their knowledge of the financing marketplace enabled us to arrange long-term, flexible financing on very attractive terms. We value our ongoing relationship with [Capstone Partners] and will continue to look to them when we need objective and expert financial and strategic advice.
