28
Sep
2018
CorTech Closes Additional Funding with Funding Partner Star Mountain Capital
CorTech get up to 20 million dollars of additional funding for future acquisitions
CorTech get up to 20 million dollars of additional funding for future acquisitions
Today CorTech LLC would like to announce that we have closed on an initial 6.5 million dollars term loan through financial partner Star Mountain Capital. CorTech will also have options to access an additional 13.5 million dollars on the term facility as well. This will give CorTech access to a total of 20 million dollars of additional capital to grow the verticals in which CorTech competes on a day-to-day basis.
The partnership with Star Mountain Capital is extremely exciting as up until now CorTech has made the 10 acquisitions since 9-2015 with its own capital and we believe that this new partnership with Star Mountain Capital will allow CorTech to achieve sales north of 500 million annually within the next 4 to 5 years. This is great news for CorTech to meet its goals and the Star Mountain Capital partnership seems to be a great fit for CorTech!! Stated Vincent Rossy CorTech CEO
We are excited about future acquisition opportunities the Star Mountain Capital partnership will bring in a very aggressive temporary labor merger and acquisition market, stated Ben Rosencrants President of CorTech Brands.
CorTech LLC today has proforma sales in the 275 million to 285 million per year range and services over 800 clients on a daily basis.
info@cor-tech.net
info@cor-tech.net
The partnership with Star Mountain Capital is extremely exciting as up until now CorTech has made the 10 acquisitions since 9-2015 with its own capital and we believe that this new partnership with Star Mountain Capital will allow CorTech to achieve sales north of 500 million annually within the next 4 to 5 years. This is great news for CorTech to meet its goals and the Star Mountain Capital partnership seems to be a great fit for CorTech!! Stated Vincent Rossy CorTech CEO
We are excited about future acquisition opportunities the Star Mountain Capital partnership will bring in a very aggressive temporary labor merger and acquisition market, stated Ben Rosencrants President of CorTech Brands.
CorTech LLC today has proforma sales in the 275 million to 285 million per year range and services over 800 clients on a daily basis.
info@cor-tech.net
info@cor-tech.net