Clear Horizon Capital Advisors arranges $31 Million Debt Facility for Project Crimson
Clear Horizon Capital Advisors announced that Project Crimson, a leader in commercial facility maintenance services, has closed on a $31 million debt facility provided by a Southeast-based Small Business Investment Company (“SBIC”). Clear Horizon Capital Advisors served as exclusive financial advisor to Project Crimson.
Headquartered in the Midwest, Project Crimson is a growing, “best-in-class” facilities maintenance organization with offices in the Midwest, Northeast, and Southeast.
Project Crimson has been extremely acquisitive making multiple accretive acquisitions and the company sees significant opportunity to continue to be acquisitive on their path to building a best-in-class national facility maintenance platform.
To capitalize on the market opportunity, Project Crimson needed a collaborative partner that could not only provide capital but also deep institutional knowledge working with growing companies.
Clear Horizon Capital Advisors conducted a rapid, competitive process to identify the candidate best suited to meet this need—ultimately collecting several proposals for evaluation, of which the SBIC Group’s solution represented the clear highest & best option.
“Clear Horizon Capital’s knowledge of the players in the markets was invaluable as we pursued the right partnership. The management team was able to evaluate many compelling offers with top capital providers across the country and move quickly with certainty to close.” –Chief Operating Officer of Project Crimson.
About Clear Horizon Capital Advisors
Founded in 2020, Clear Horizon Capital Advisors, LLC is a boutique investment bank focused on debt placement advisory, capital formation, and debt capital market services. Clients include sponsor and non-sponsored owned small and middle market industrial, distribution, service, transportation and logistics, business services, and technology companies. Typical clients are nationwide companies and have debt needs between $10 and $50 million.