Capital For Business Leads Investment in Panek Precision Products LLC
July 15, 2021
Capital For Business, Inc. (CFB) completed an investment in Panek Precision Products LLC, a precision-machining manufacturer, providing subordinated debt and equity alongside Holleway Capital Partners, Northcreek Mezzanine, Wells Fargo Strategic Capital and the Panek management team. The capital will support Panek's high-volume CNC and screw-machine manufacturing capabilities and continued investment in robotics and automation.
- Buyers
- Capital For Business, Inc. (CFB), Holleway Capital Partners, Northcreek Mezzanine, Wells Fargo Strategic Capital, Panek management team
- Targets
- Panek Precision Products LLC
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Buyout
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