Crystal Capital agents $25 million term loan facility to Finch Paper Holdings
Crystal Capital agented a $25 million term loan facility to Finch Paper Holdings, LLC and Finch Paper LLC in conjunction with a $65 million senior secured credit facility agented by FirstLight Financial Corporation. Proceeds for the combined facilities were used to support the acquisition of Finch, Pruyn & Co., Inc. by Atlas Holdings LLC and Blue Wolf Capital Management LLC.
About Finch Paper Holdings, LLC
Finch Paper Holdings, LLC, previously known as Finch, Pruyn & Co., Inc., was founded in 1865 as a sawmill, lumberyard and quarry operation on the Upper Hudson River in upstate Glens Falls, NY, and began papermaking operations in 1905. Today, the company is a leader in the premium uncoated printing paper market, manufacturing more than 250,000 tons per year for advertising materials, book publishing and business office uses from its single Glens Falls mill. Finch Paper is recognized throughout the graphic design and printing industries for outstanding brightness, smoothness and print reproduction. The company is also widely regarded for its customer service and its extensive stocking program, with more than 500 different items available for immediate shipment coast-to-coast. Additional information can be found at www.finchpaper.com