Stonebridge Partners is pleased to announce it has completed the refinance of BrandFX Body Company (“BrandFX”), a portfolio company since August 2013. The refinance extended the maturity date of the senior debt and provided additional capital for the Company’s growth initiatives. Debt financing was provided by Ironwood Capital and closed June 1, 2018.
BrandFX is based in Fort Worth, Texas and is a manufacturer of composite service truck bodies used primarily by utility companies and contractors. BrandFX dominates the composite truck body market and is well known for producing the highest quality truck bodies available. Composite truck bodies offer numerous advantages over more traditional steel bodies including significant weight reduction, which results in reduced fuel and maintenance costs, and also offers customers the flexibility to move to smaller, less expensive vehicles.
For further information, please contact Michael S. Bruno, Jr, Managing Partner, at (914) 682-2700 x13 or msb@stonebridgepartners.com.