Capitala Group, a Charlotte-based firm providing private credit and private equity to small businesses, announces its recent debt investment in Newbury Franklin Industrials. 

Based out of Buffalo, NY, NFI is a tech-enabled industrial distributor with custom fabrication and manufacturing capabilities. The Company acquires asset-light manufacturing and value-added distribution businesses in the hardware, electrical, plastic and rubber industries.  

“Capitala is excited to partner with NFI in streamlining of their capital structure. Further, we look forward to increasing our debt investment as NFI grows via acquisition,” said Randall Fontes, Managing Director of Capitala. Capitala’s flexible capital mandate provided needed capital to assist in future acquisitions and support the Company’s next phase of growth.  

Read full press release here.