Colbeck Capital Management Provides Senior Secured Debt Facility to Cemetery Services Company
Colbeck Capital Management provided a senior secured debt facility to a recently developed, highly competitive cemetery in southeastern Florida. The company offers a large portfolio of custom funeral services, including pre-planning, arrangements, burial & cremation, mausoleum, and graveside services. As the first new cemetery to open in the area in fifty years, the 47-acre property provides a unique competitive advantage within the local market.
Proceeds from the facility were used to support working capital needs and develop the growing company’s brand building and marketing.
Colbeck Capital Management has extensive experience providing strategic capital to support companies’ operational needs and to accelerate growth and profitability.