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Article: CIT Serves as Joint Lead Arranger in Financing Wind Point Partners Acquisition of Hearthside Food Solutions.
- Article from:
- Business Wire
- Article date:
- June 15, 2009
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NEW YORK & CHICAGO -- CIT Group Inc. (NYSE: CIT), a bank holding company, today announced that it served as a joint lead arranger and joint bookrunner in financing Wind Point Partners' acquisition of Hearthside Food Solutions, a co-packer and manufacturer of granola and cereal bars, snack mix components, and other baked items. The financing was executed by CIT Investment Banking Services, Sponsor Finance and CIT Commercial & Industrial through CIT Bank, a Utah state bank. Terms of the transaction were not disclosed.
"We are pleased to support Wind Point Partners in its successful acquisition of Hearthside Food Solutions," said Rajiv Chudgar, Director of CIT ...