Lightspring Capital Partners Acquires Joneca Corporation with NewSpring Mezzanine Support
September 2, 2021
Lightspring Capital Partners acquired Anaheim-based Joneca Corporation, a maker of garbage disposals and other residential kitchen products. NewSpring Mezzanine (part of NewSpring) provided subordinated debt and equity to support the transaction, positioning Joneca for expanded manufacturing capacity, e-commerce growth, and domestic and international market expansion.
- Targets
- Joneca Corporation
- Industry
- Consumer Products
- Location
- California, United States
- Transaction Type
- Buyout
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