Armory Securities, LLC is pleased to announce that Sun Valley closed $23.5 million of new financing. Armory served as exclusive financial advisor and placement agent to Sun Valley for the transaction.
The Sun Valley Group is the premier grower of tulip, lily, iris and other specialty cut flowers in the United States with broad sales penetration into mass market, wholesale, and internet distribution channels. The company operates over 500 acres of land and five million square feet of controlled environment growing facilities in strategically located regions in North America.
Proceeds from the financing were used to refinance the company’s revolving line of credit facility and take out its existing 2nd lien term loan and minority equity partner.
For information on this transaction or about Armory Securities, please contact one of the following deal team members:
Doug McDonald
Managing Director
Head of Food & Agribusiness
dmcdonald@armorysecurities.com
310.721.2671
Ron Papile
Associate
rpapile@armorysecurities.com
818-967-6480
Armory Securities, a division of Armory Group, LLC, is a leading investment bank dedicated to helping middle market companies and their constituents. Armory Group, through its subsidiaries, provides investment banking services, asset management services and advisory services, including enterprise transformation and interim management, to middle market companies and their stakeholders. Learn more about Armory Group, and its subsidiaries, at www.armorygroupllc.com.
Armory Securities, LLC, member FINRA, Member SIPC