Project Description
About Rockford Corporation
In June 2006, Crown Capital Partners invested US$5 million in Rockford Corporation, a leading pipeline construction firm which services clients predominately in the Western United States. Crown Capital Partners provided financing for the acquisition of Rockford by a group of investors including Second City Capital Partners and Rockford’s management team. Crown Capital Partners was repaid its debenture in February 2007. Crown Capital Partners continues to hold warrants in the Company.
Amount: $5.5 Million
Type: Senior Secured Term Loan
Purpose: Management Buyout
Head Office: Portland, Oregon
Ownership: Private
Date: June 2006