Blue Wolf Provides $6M of DIP Financing
June 29, 2010
- Share:
Mousam Ventures-backed Gloucester Engineering, a manufacturer of plastics extrusion systems, has secured $6 million in debtor-in-possession financing from Blue Wolf Capital after voluntarily filing for reorganization under Chapter 11 bankruptcy. The facility, which was provided through Blue Wolf's Fund II, will allow the company to continue operations during its restructuring. Mousam acquired its stake in Gloucester Engineering in a 2007 buyout.
- Share:
-
-
-
-