We are pleased to announce the $40 million senior debt financing for our client, Trend Offset Printing. Coil Partners acted as financial advisor for the transaction.
Established in 1955, Trend Offset Printing (the "Company") is a leading fully integrated commercial and retail printer specializing in offset and digital print services. Through its eight locations, Trend services clients' print media needs including magazines, catalogs, direct mail, and retail inserts on both a national and local level.
Advising the owners and Trend management, Coil was successful in positioning the Company and its integration plan to commercial lenders pursuant to Trend's recent acquisition of LSC's retail offset printing facilities. The completion of this debt financing provided by Bank of America represents an important milestone for both the Company and its management team, as the Company continues to strengthen its balance sheet to support its organic growth and acquisition initiatives.