Caltius Mezzanine introduced Lovell Minnick Partners, a private equity firm that specializes in financial services, to the company. In November 2006, Lovell Minnick provided equity financing and Caltius provided subordinated debt to redeem outstanding preferred stock and provide working capital.
“With these new partners, we are not only receiving investment capital to complete our recapitalization, but are also aligning ourselves with knowledgeable partners to meet our growth and expansion objectives”.
Jon Ziehl, CEO, PlanMember
www.planmember.com
Investors 1
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